Being called a “digital gangster” by an investigative committee of the United States’ closest ally, the United Kingdom, might have been expected by the rational among us to do some serious damage to the share price of Facebook when it opened for trading this morning. The U.K. report was released yesterday when U.S. markets were […]
The FTC and Facebook Negotiating a Multi-Billion-Dollar Fine for the Company’s Privacy Violations…
The Federal Trade Commission and Facebook are negotiating over a multi-billion dollar fine that would settle the agency’s investigation into the social media giant’s privacy practices, according to two people familiar with the probe. The fine would be the largest the agency has ever imposed on a technology company, but the two sides have not […]
Facebook Moves to Block Ad Transparency Tools…
Our tool had let the public see exactly how users were being targeted by advertisers. The social media giant urged us to shut it down last year. A number of organizations, including ProPublica, have developed tools to let the public see exactly how Facebook users are being targeted by advertisers. Now, Facebook has quietly made […]
Facebook Turned a Blind Eye to ‘Friendly Fraud’ as Kids Racked Up Thousands on Games…
In 2011, Facebook sent out a memo to employees to help them educate game developers about the company’s fraud practices. One of the bullet points in that memo read: “Friendly Fraud – what it is, why it’s challenging, and why you shouldn’t try to block it.” In Facebook’s jargon, “Friendly Fraud” refers to people accidentally spending money on […]
Facebook’s Massive, Secret Rulebook for Policing Speech Reveals Inconsistencies, Gaps and Biases…
Facebook is attempting to tackle misinformation and hate that its platform has enabled with a massive, byzantine and secret document of rules packed with spreadsheets and power point slides that gets updated regularly for its global content moderators. According to the blockbuster New York Times report, the rules show the social network to be “a […]
Facebook Struck Secret Deals to Sell Preferential User Data; Used VPN App to Spy on Competitors…
A top UK lawmaker said on Wednesday that Facebook maintained secretive “whitelisting agreements” with select companies that would give them preferential access to vast amounts of user data, after the parliamentary committee released documents which had been sealed by a California court, reports Bloomberg. The documents – obtained in a sealed California lawsuit and leaked […]
Internal Documents Show Facebook Has Never Deserved Our Trust or Our Data…
The question Mark Zuckerberg has been asked ad nauseum—after each and every new scandal that has affected Facebook—is “why should users trust Facebook with their data?” It’s been asked by members of Congress, rhetorically by journalists in dozens of thinkpieces, and directly to Zuckerberg in most recent press calls. Zuckerberg has been forced to contritely […]
Secret Facebook Emails by Mark Zuckerberg Over Data-Sharing Scandal Seized by UK’s Parliament Serjeant-at-Arms…
Parliament has exerted ‘unprecedented’ powers to seize private documents from Facebook that allegedly reveal its knowledge of the Cambridge Analytica scandal. The secret cache is believed to include emails between Mark Zuckerberg and other executives that shows the firm knew about flaws in its privacy policy and allowed them to be actively exploited. MPs discovered […]
On Thanksgiving Eve, Facebook Acknowledges Details of Times Investigation…
Joining a long tradition of companies and campaigns that drop bad news on holidays, Facebook on Thanksgiving eve took responsibility for hiring a Washington-based lobbying company, Definers Public Affairs, that pushed negative stories about Facebook’s critics, including the philanthropist George Soros. Facebook’s communications and policy chief, Elliot Schrage, said in a memo posted Wednesday that […]
Soros Strikes Back at Facebook; Demands Congressional Oversight…
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