Tag: Facebook

Facebook sues South Korea data analytics firm

  SAN FRANCISCO, United States (AFP) — Facebook is suing South Korean data analytics firm Rankwave to make sure it isn’t breaking the leading social network’s rules, the US company said Friday. A lawsuit was filed against Rankwave in a California State court in Silicon Valley to enforce terms the company agreed to in order to operate apps on the social network, according to director of platform and litigation, Jessica Romero. Facebook was investigating Rankwave […]

Facebook profit slumps on set-aside for big US fine

SAN FRANCISCO, United States (AFP) — Facebook on Wednesday reported quarterly profit sank 51 percent from a year earlier due to setting aside $3 billion for an anticipated fine from US regulators. The leading social network logged a profit of $2.4 billion on revenue that climbed 26 percent to $15.1 billion in the first three months of this year. The number of monthly active users of Facebook at the end of March was 2.38 billion, […]

Facebook says it stored ‘millions’ of Instagram passwords in “readable format”

  SAN FRANCISCO, United States (AFP) — “Millions” of Instagram users had their passwords stored in unencrypted form on internal servers, Facebook said Thursday, raising its original estimate of tens of thousands. “We discovered additional logs of Instagram passwords being stored in a readable format. We now estimate that this issue impacted millions of Instagram users,” Facebook said in a blog post. “We will be notifying these users as we did the others. Our investigation […]

Netflix chief Hastings to leave Facebook board

SAN FRANCISCO, United States (AFP) — Netflix chief Reed Hastings will depart Facebook’s board of directors at the end of next month, according to a Friday filing with US regulators by the leading social network. Neither Hastings nor businessman and political figure Erskine Bowles, who have been on the board since 2011, will be nominated for re-election at an annual shareholders meeting on May 30, Facebook said in a filing with the US Securities and […]

Facebook seeks tab to promote ‘high quality news’

  WASHINGTON, United States (AFP) — Facebook is working on a “news tab” that could be used to financially support “high quality and trustworthy” journalism, chief executive Mark Zuckerberg said Monday. Zuckerberg made the comments in a video conversation about the future of technology and society with Mathias Doepfner, chairman of German-based media giant Axel Springer. Zuckerberg said he sees interest in building a product separate from its personalized feed that would serve people who […]

Facebook seeks tab to promote ‘high quality news’

WASHINGTON, United States (AFP) — Facebook is working on a “news tab” that could be used to financially support “high quality and trustworthy” journalism, chief executive Mark Zuckerberg said Monday. Zuckerberg made the comments in a video conversation about the future of technology and society with Mathias Doepfner, chairman of German-based media giant Axel Springer. Zuckerberg said he sees interest in building a product separate from its personalized feed that would serve people who want […]

Facebook to tighten live stream access after mosque attacks

by Glenn CHAPMAN Agence France-Presse SAN FRANCISCO, United States (AFP) – Facebook on Friday said it is tightening live video streaming rules in response to the service being used to broadcast deadly attacks on mosques in New Zealand. The Christchurch attacks — carried out by a self-avowed white supremacist who opened fire on worshipers at two mosques — claimed 50 lives. Many people have “rightly questioned how online platforms such as Facebook were used to circulate […]

Facebook admits storing passwords in plain text

By Glenn Chapman Agence France-Presse (AFP) — Facebook on Thursday admitted that millions of passwords were stored in plain text on its internal servers, a security slip that left them readable by the social networking platform’s employees. “To be clear, these passwords were never visible to anyone outside of Facebook and we have found no evidence to date that anyone internally abused or improperly accessed them,” Pedro Canahuati, the company’s vice president of engineering, security, […]

Facebook blames server problem for massive outage

by Glenn CHAPMAN / with Rob Lever in Washington MENLO PARK, United States (AFP) — Facebook blamed a “server configuration change” Thursday for a massive outage affecting its applications around the world and brought fresh attention to the embattled social networking leader. The outage affected users for at least 12 hours in most areas of the world, with the biggest impact in North America and Europe, according to the tracking website downdetector.com. After acknowledging the […]

Amid turmoil, Facebook chief product officer quits

SAN FRANCISCO, United States (AFP) — Facebook said Thursday its chief product officer Chris Cox was leaving the company, becoming the highest-ranking executive to depart amid the turmoil at the leading social network. Cox made his announcement in on his Facebook page, saying he was leaving “with great sadness” after 13 years. While Cox gave no specific reason for his move, he noted that Facebook chief Mark Zuckerberg has unveiled a new direction away from […]

Facebook faces criminal probe of data deals: report

SAN FRANCISCO, United States (AFP) — US prosecutors have launched a criminal investigation into Facebook’s practice of sharing users’ data with companies without letting the social network’s members know, The New York Times reported on Wednesday. A grand jury in New York has subpoenaed information from at least two major smartphone makers about such arrangements with Facebook, according to the Times. Regulators, investigators and elected officials around the world have already been digging into the […]

Outage hits Facebook, Instagram users worldwide

SAN FRANCISCO, United States (AFP) — Facebook and Instagram users lost access to the social network’s applications in parts of the world Wednesday as a result of an outage of undetermined origin. The California giant which has more than two billion users acknowledged the outage after users noted on Twitter they could not access Facebook or had limited functionality. “We’re aware that some people are currently having trouble accessing the Facebook family of apps. We’re […]