Published May 15, 2018 Social Media Reuters Facebook Twitter Comments Print video Facebook suspends 200 apps in the wake of data scandal FBN's Tracee Carrasco on Facebook's decision to suspend 200 apps in the wake of the Cambridge Analytica data scandal. LONDON (Reuters) - Facebook has failed to fully answer 39 questions from British lawmakers examining data privacy and fake news, a parliamentary committee said on Tuesday, adding that it would ask the social media giant once again for the missing details. Continue Reading Below The committee had put additional questions to Facebook after it said that the firm's chief technology officer Mike Schroepfer had not addressed all its concerns during a parliamentary hearing last month. Facebook UK's head of public policy, Rebecca Stimson, gave 39 answers to the extra questions in a letter published by the committee. However, its head said that they lacked the detail they were looking for. "It is … [Read more...] about Facebook has not fully answered questions on data privacy: UK lawmakers
By Sheera Frenkel, New York Times Published 11:03 am, Wednesday, May 9, 2018 Photo: Marcio Jose Sanchez /Associated Press Image 1of/1 CaptionClose Image 1 of 1 Facebook CEO Mark Zuckerberg is reorganizing the company following concern about its data privacy. The reorganization was intended to streamline the company and clarify who oversees what after a long period of growth and numerous acquisitions. less Facebook CEO Mark Zuckerberg is reorganizing the company following concern about its data privacy. The reorganization was intended to streamline the company and clarify who oversees what after a long period of ... more Photo: Marcio Jose Sanchez /Associated Press Facebook to reorganize after scrutiny over data privacy 1 / 1 Back to Gallery SAN FRANCISCO — Facebook overhauled its structure on Tuesday into … [Read more...] about Facebook to reorganize after scrutiny over data privacy
By Seung Lee | [email protected] | Bay Area News Group PUBLISHED: April 25, 2018 at 1:39 pm | UPDATED: April 25, 2018 at 1:39 pm MENLO PARK — Despite reeling from data-privacy and election-related scandals that have led to Chief Executive Mark Zuckerberg and other Facebook representatives testifying on Capitol Hill, the public uproar inflicted little damage to Facebook’s bottom line in the quarterly earnings it released Wednesday. Facebook easily outperformed Wall Street’s expectations in the first quarter, from January through March. Earnings per share were $1.69, up 63 percent from a year earlier and 34 cents higher than analysts’ forecasts. The consumer outrage at Facebook, manifested in the short-lived hashtag movement #DeleteFacebook following the Cambridge Analytica data controversy, didn’t appear to dent the social network’s user growth. Its monthly active users globally reached 2.20 billion, 13 percent higher than a year earlier. … [Read more...] about Facebook earnings show little adverse effect from data privacy fallout
News / UK and world by Press Association April 25, 2018, 2:46 am FacebookTwitterLinkedInWhatsAppEmail Sign up to our Daily newsletter The biggest overhaul of data privacy regulation in the history of the internet comes into force one month from today. From May 25 in the EU, the new General Data Protection Regulation (GDPR) will give regulators greater power to levy large fines on firms who mishandle data, as well as hand users new powers to access and control their data. The new laws also strengthens the jurisdiction of EU regulators, with the new rules applying to all companies and data controllers who handle the data of EU citizens, regardless of where the company itself is based. Technology and internet giants such as Google, Facebook and Apple will also face greater accountability under the laws – which require firms to report any data breaches likely to “risk the rights and freedoms of individuals” within 72 hours of first becoming aware of … [Read more...] about GDPR: New EU data privacy laws just one month away
News / UK and world by Press Association April 25, 2018, 2:48 am FacebookTwitterLinkedInWhatsAppEmail Sign up to our Daily newsletter New data privacy regulations come into force in the EU on May 25, giving users greater say on personal information they share and harsher punishments to firms who misuse it. The General Data Protection Regulation (GDPR) has been designed to protect user privacy in what the EU says is now a “data-driven world”, but what does it mean for consumers? – What is GDPR? The General Data Protection Regulation is a new, EU-wide law that gives greater power to regulators to penalise companies who mishandle personal data or are not transparent about how their business uses it. For consumers, it brings new powers that require firms to get clear consent from users before processing their data, as well as grants users a right to easily access the data collected from them and transparency on how it is being used. – What are … [Read more...] about Q&A: What is GDPR and what does it mean for data privacy?