Facebook on Wednesday reported second quarter sales and user growth that fell short of analysts’ projections. And the company told Wall Street the numbers won’t get any better this year.
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Facebook was pummelled by public criticism over privacy issues during the second quarter. Don’t expect to see much evidence of that turmoil in Facebook’s earnings report on Wednesday.
Online disinformation and the spread of deceptive political messages are pernicious, but they aren’t necessarily the worst abuse of social networks by governments and political actors.
European Union competition commissioner Margrethe Vestager coolly hit Google with a €4.3-billion fine last week, the biggest penalty in the history of antitrust enforcement. It didn’t have to be that way.
Facebook CEO Mark Zuckerberg has walked back on comments that appeared to defend Holocaust deniers, after trying to explain how careful the social-media giant tries to be before kicking people off the
Facebook bestrides the Earth. It attracts nearly 1.5 billion users a day, commands a fifth of global online advertising revenue and has a market capitalisation that exceeds the GDP of many countries. But breaking it up is the wrong approach.
You have to give one thing to Facebook: confronted by a torrent of accusations of misbehaviour over the past 12 months, the world’s largest social network has at least made the effort to be conciliatory.
The top US communications union is joining a coalition calling for the Federal Trade Commission to break up Facebook, as the social media company faces growing government scrutiny and public pressure
Facebook co-founder Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth. Zuckerberg, who trails only Amazon.com
The European parliament’s rejection of new copyright rules shows how difficult it is for regulators to compel the tech industry to pay for content that it uses for free. The parliament voted on Thursday to send a draft