Wednesday, 17 October 2018

Tag Archives: Mark Zuckerberg

French luxury giants dive into Silicon Valley

LONDON: Steve Jobs may have been a tech genius, but he clearly didn’t care much for fashion. Facebook boss Mark Zuckerberg has followed in his footsteps, sporting a plain grey T-shirt every day for years only to swap it for a simple black suit to testify before Congress and the ...

Read More »

Facebook just lost $120b in a 1-day

NEW YORK: Facebook has just lost billions of dollars in value, making it one of the biggest one-day corporate losses in US stock market history. The company dropped $120 billion (£91 billion) in shareholder value yesterday (July 26) after it disclosed that its quarterly revenue did not live up to ...

Read More »

UK lawmakers slam FB’s evasive answers

LONDON: The head of the UK Parliament’s media committee slammed Facebook on Friday for what it described as evasive behavior in answering questions on fake news. Committee chair Damian Collins said that Facebook’s claims that it was unable to distinguish between political and non-political advertising is “difficult to believe.” He ...

Read More »

Zuckerberg to face European Parliament

BRUSSELS: Facebook CEO Mark Zuckerberg is expected to speak with leaders of the European parliament next week about the data protection scandal that has engulfed his company – but might avoid a public testimony like the one he endured in the United States. The EU and British parliaments have been ...

Read More »

Remove apps you don’t want, Facebook asks users

LONDON: Days after Facebook’s CEO Mark Zuckerberg testified before the US Congress, Facebook has issued an advisory to all its users reminding them they control which apps they want to share their information with. In the advisory, Facebook directed users to the Apps and Website section of their settings, where ...

Read More »

Facebook CEO says his own data was shared by Cambridge Analytica

SAN FRANCISCO: Facebook Inc Chief Executive Mark Zuckerberg on Wednesday told lawmakers that his own personal data was included in that of 87 million or so Facebook users that was improperly shared with political consultancy Cambridge Analytica. But he pushed back on congress members’ suggestions that users do not have ...

Read More »

Congress Members grill Facebook CEO Mark Zuckerberg

file photo WASHINGTON: Facebook Chief Executive Mark Zuckerberg opened his comments to Tuesday’s highly anticipated congressional hearing by apologizing for a series of missteps that, he acknowledges, have imperiled the privacy of tens of millions of Americans and helped spread both phony news and Russian disinformation. “It’s clear now that ...

Read More »

Facebook to emphasize friends, not news, in series of changes

LONDON: Facebook Inc (FB.O) on Thursday began to change the way it filters posts and videos on its centerpiece News Feed, the start of what Chief Executive Mark Zuckerberg said would be a series of changes in the design of the world’s largest social network. Zuckerberg, in a sweeping post ...

Read More »

Winklevoss twins become world’s first bitcoin billionaires

SINGAPORE: Tyler and Cameron Winklevoss – the Harvard University rowing twins who famously sued Mark Zuckerberg claiming he stole their idea for Facebook – have just become the world’s first bitcoin billionaires, say media reports. The 36-year-old brothers lost their case against Zuckerberg but received a settlement of US$65 million ...

Read More »