How Facebook stands to profit from its ‘privacy’ push

Business 03/09/19, 08:43

At first glance, Mark Zuckerberg's new "privacy-focused vision " for Facebook looks like a transformative mission statement from a CEO under pressure to reverse years of battering over its surveillance practices and privacy failures.But critics say the announcement obscures Facebook's deeper motivations: To expand lucrative new commercial services, continue monopolizing ...

How Facebook stands to profit from its ‘privacy’ push

Tech 03/08/19, 18:20

Mark Zuckerberg's new "privacy-focused vision" for Facebook seems at first glance like a transformative mission statement. But critics say the Facebook CEO's announcement this week is less about privacy than expansion.Zuckerberg talks about a new commitment to private, encrypted communications. The industry was already headed that way.Critics say Zuckerberg is ...

Facebook’s vision of future? Looks like Chinese app WeChat

World 03/07/19, 11:02

Facebook CEO Mark Zuckerberg is taking the social media company in a new direction by focusing on messaging. Chinese tech giant Tencent got there years ago with its app WeChat.Zuckerberg outlined his vision to give people ways to communicate privately, by stitching together Facebook's various services so users can contact ...

Can Zuckerberg really make a privacy-friendly Facebook?

Business 03/07/19, 02:13

After building a social network that turned into a surveillance system, Facebook CEO Mark Zuckerberg says he's shifting his company's focus to messaging services designed to serve as fortresses of privacy.Instead of just being the network that connects everyone, Facebook wants to encourage small numbers of individuals to carry on ...

Facebook CEO says he’ll double down on privacy

Business 03/06/19, 14:22

Facebook CEO Mark Zuckerberg laid out a new "privacy-focused" vision for social networking.He promised to transform Facebook from a company known for devouring the personal information shared by its users to one that gives people more ways to communicate in truly private fashion, with their intimate thoughts and pictures shielded ...

Forbes names Kylie Jenner youngest self-made billionaire

Entertainment 03/05/19, 17:19

Move over Mark Zuckerberg. At 21, Kylie Jenner has been named the youngest-ever, self-made billionaire by Forbes magazine.Forbes estimated that Jenner's Kylie Cosmetics is worth at least $900 million, and she owns it all. She hits the billion-dollar mark when you add in cash she has already pulled from the ...

UK lawmakers recommend stiffer social media regulation

Europe 02/17/19, 21:39

A parliamentary committee report has recommended that the United Kingdom government increase oversight of social media platforms like Facebook to better control harmful or illegal content. The report published Sunday concludes an 18-month investigation and says that social media sites should have to follow a mandatory code of ethics overseen by ...

From dorm to dominance: Growing pains as Facebook turns 15

Business 02/04/19, 16:06

Facebook turns 15 on Monday, a fitting milestone for its awkward teenage years.Launched in 2004 as "TheFacebook," the service was originally intended only for Harvard students. It's now a massive global business that connects some 2.3 billion users. It was born in an era of desktop computers, years before the ...

FACT CHECK: Facebook’s murky data-sharing practices

Tech 01/25/19, 13:37

Mark Zuckerberg's latest attempt to explain Facebook's data-sharing practices is notable for its omissions as well as what it plays up and plays down.In a Wall Street Journal op-ed Thursday titled "The Facts About Facebook," the CEO doubles down on previous talking points while leaving out, for example, a potential ...

Angela Merkel named commencement speaker at Harvard

Europe 12/07/18, 09:14

German Chancellor Angela Merkel has been chosen to give Harvard University's commencement speech May 30.Harvard officials announced the selection Friday, calling Merkel "one of the world's most influential leaders" since she was elected her country's first female chancellor in 2005.Merkel was elected to her fourth term in 2017 but has ...

Global lawmakers grill Facebook exec; Zuckerberg’s a no-show

Europe 11/27/18, 12:26

A cohort of international lawmakers is trying to turn up the pressure on Facebook, grilling one of its executives and making a show of founder Mark Zuckerberg's refusal to explain to them why his company failed to protect users' data privacy.The rare "international grand committee" of lawmakers from nine countries ...

Outgoing Facebook exec takes fall for hiring opposition firm

Business 11/21/18, 20:33

Facebook's outgoing head of communications is taking the blame for hiring Definers, the public relations firm doing opposition research on the company's critics, including billionaire philanthropist George Soros.In a Facebook post that went up late Wednesday, Elliot Schrage said the responsibility to hire Definers rests with him and that he ...

As Facebook faces fire, heat turns up on No. 2 Sandberg

Tech 11/20/18, 12:03

For the past decade, Sheryl Sandberg has been the poised, reliable second-in-command to Facebook CEO Mark Zuckerberg.She's helped Facebook grow while also cultivating her own brand in ways that hint at aspirations beyond her role at the social network. But with growing criticism over the company, her brand is showing ...

Zuckerberg rebuffs request to appear before UK parliament

Tech 11/07/18, 07:30

Facebook CEO Mark Zuckerberg has rejected a request to appear before an international parliamentary committee delving into the questions around fake news.The rebuff came after Damian Collins, the head of the U.K. parliament's media committee, joined forces with his Canadian counterpart in hopes of pressuring Zuckerberg to testify, as he ...

A game plan for technology companies to actually help save the world

Enviroment 11/07/18, 02:33

Smartphones, computers and social media platforms have become indispensable parts of modern life, but the technology companies that make them and write their software are under siege. In any given week, Facebook or Google or Amazon does something to erode public trust in them. Now could be a moment for the industry to make good on ...

UK-Canadian ‘grand committee’ seeks to question Zuckerberg

Europe 10/31/18, 08:35

Parliamentary committees in Britain and Canada are urging Facebook CEO Mark Zuckerberg to testify before a joint hearing of international lawmakers examining fake news and the internet.Damian Collins, the head of the U.K. parliament's media committee, is joining forces with his Canadian counterpart to pressure Zuckerberg to personally take part ...

China says ex-Internet czar on trial over corruption charges

World 10/18/18, 22:02

China's former internet censor, who once held high-profile meetings with industry leaders such as Apple chief executive Tim Cook and Facebook founder Mark Zuckerberg, was standing trial Friday on corruption allegations, state media reported.Lu Wei is accused of accepting 32 million yuan ($4.6 million) in bribes and has admitted to ...

Facebook’s election ‘war room’ takes aim at fake information

Tech 10/18/18, 06:36

In an otherwise innocuous part of Facebook's expansive Silicon Valley campus, a locked door bears a taped-on sign that reads "War Room." Behind the door lies a nerve center the social network has set up to combat fake accounts and bogus news stories ahead of upcoming elections.Inside the room are ...

A rift at Facebook after exec attends Kavanaugh hearing

Tech 10/05/18, 13:49

The appearance of a Facebook executive behind Supreme Court nominee Brett Kavanaugh during his contentious confirmation hearings has created some rifts at the company.Joel Kaplan, Facebook's vice president for global public policy, is a friend of Kavanaugh and worked with him during the George W. Bush administration. Kaplan was seated ...

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