Facebook’s grim forecast: privacy push will weaken profits for years
- 26-Jul-2018
Facebook Inc’s shares lost as much as a quarter of their value on Wednesday after executives said that profit margins would plummet for several years due to the costs of improving privacy safeguards and slowing usage in the biggest advertising markets. The second-quarter results were the first sign that a new European privacy law and […]
UK orders Cambridge Analytica to hand over American’s personal data
- 07-May-2018
UNITED KINGDOM: Britain’s data privacy watchdog has ordered Cambridge Analytica to hand over all the personal information it holds on a U.S. academic, confirming the right of people abroad to seek data held by a UK firm. Data privacy activists say that it sets a precedent that would enable millions of other U.S. voters to […]
Zuckerberg turns down British MPs for data privacy grilling
- 27-Mar-2018
Facebook chief Mark Zuckerberg turned down a request by British lawmakers to appear before them to respond to concerns about data privacy.
Mozilla suspends ads on Facebook on data privacy concerns
- 22-Mar-2018
Internet company Mozilla Corp said it was suspending advertising on Facebook's social media platform on concerns of data privacy.