TOPICS
MARK ZUCKERBERG

Released data shows Arabs not among Cambridge Analytica scandal Facebook users

Monday, 9 April 2018

The 87 million users who might have had their data shared with Cambridge Analytica will get a detailed message on their Facebook news feeds. Facebook says most of the affected users (more than 70 million) are in the US, though there are over a million each in the Philippines, Indonesia and the UK.Facebook released data on Monday showing the nationalities of the Facebook users whose information was shared by Cambridge Analytica. US users topped the list with more than 70 million users’s ...

Facebook shares rise as Zuckerberg soothes investors

Friday, 6 April 2018

Shares of Facebook Inc headed toward their biggest daily rise in a month at opening on Thursday, after Chief Executive Mark Zuckerberg said the social network had not seen any meaningful impact on usage or ad sales in the wake of the data privacy scandal. The company’s shares have sunk 16 percent, wiping more than $80 billion from its market value, since March 16, when the New York Times and London’s Observer newspaper broke news of the use of its data by political consultancy ...

Facebook CEO Zuckerberg to testify before congress

Wednesday, 4 April 2018

Facebook chief executive Mark Zuckerberg will testify before a US congressional committee on April 11 following the Cambridge Analytica scandal over alleged misuse of users’ personal data, the House Energy and Commerce Committee announced Wednesday. “This hearing will be an important opportunity to shed light on critical consumer data privacy issues and help all Americans better understand what happens to their personal information online. We appreciate Mr. Zuckerberg’s ...

Facebook’s Zuckerberg apologizes for ‘breach of trust’, outlines fixes

Thursday, 22 March 2018

Breaking more than four days of silence, Facebook CEO Mark Zuckerberg admitted mistakes and outlined steps to protect user data in light of a privacy scandal involving a data-mining firm. Zuckerberg said on Wednesday that Facebook has a “responsibility” to protect its users’ data and if it fails, “we don’t deserve to serve you.” Zuckerberg and Facebook’s No. 2 executive, Sheryl Sandberg, have been quiet since news broke Friday that Cambridge Analytica ...

Zuckerberg acknowledges ‘mistakes’ as Facebook turns 14

Tuesday, 6 February 2018

Mark Zuckerberg offered fresh self-criticism Monday, acknowledging making numerous mistakes in building the world’s biggest social network as Facebook marked its 14th birthday.“Over the years, I’ve made almost every mistake you can imagine,” the Facebook co-founder said on his personal page.“I’ve made dozens of technical errors and bad deals. I’ve trusted the wrong people and I’ve put talented people in the wrong roles. I’ve missed important ...

Facebook shares slip after News Feed overhaul

Friday, 12 January 2018

Shares of Facebook Inc fell 4 percent on Friday after Chief Executive Mark Zuckerberg announced changes to the platform’s centrepiece News Feed that he said would hit user engagement in the near term. Zuckerberg said on Thursday the company would change the filter for the News Feed to prioritize what friends and family share, while reducing the amount of non-advertising content from publishers and brands. If the premarket declines in shares hold, Facebook stands ...

Facebook gets real about broadening virtual reality’s appeal

Thursday, 12 October 2017

Facebook CEO Mark Zuckerberg seems to be realizing a sobering reality about virtual reality: His company’s Oculus headsets that send people into artificial worlds are too expensive and confining to appeal to the masses.Zuckerberg on Wednesday revealed how Facebook intends to address that problem, unveiling a stand-alone headset that won’t require plugging in a smartphone or a cord tethering it to a personal computer like the Oculus Rift headset does.“I am more committed than ...

Zuckerberg seeks forgiveness for division caused by his work

Monday, 2 October 2017

Facebook Inc founder and Chief Executive Mark Zuckerberg asked for forgiveness for ways his work was used to divide people in a Facebook posting marking the end of Yom Kippur, the Jewish holiday of atonement on Saturday. “For the ways my work was used to divide people rather than bring us together, I ask forgiveness and I will work to do better,” Zuckerberg said in the post. He did not refer to specific issues in the message, which comes as Facebook and ...

Facebook drone could one day provide global internet access

Monday, 3 July 2017

A solar-powered drone backed by Facebook that could one day provide worldwide internet access has quietly completed a test flight in Arizona after an earlier attempt ended with a crash landing. Facebook founder Mark Zuckerberg’s long-term plan for the drone, called Aquila, is to have it and others provide internet access to 4 billion people around the world who are currently in the dark. “When Aquila is ready, it will be a fleet of solar-powered planes that will beam internet ...

Facebook says it has hit two billion user mark

Tuesday, 27 June 2017

Facebook said Tuesday its ranks of monthly active users had hit the two billion mark -- meaning more than a quarter of the world's population is on the giant social network.“There are now two billion people connecting and building communities on Facebook every month,” vice president of social good Naomi Gleit said in an online post.

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