Facebook’s data scandal, in which the now defunct political consulting firm Cambridge Analytica accessed the data on 87 million users without their consent, is getting further scrutiny by the Securities and Exchange Commission (SEC) and Federal Bureau of Investigation (FBI). Get the Full Story Complete the...
Direct-to-consumer advertising on Facebook has reportedly hit a rough patch, with spending by brands decreasing there. The trend comes at a time when brands are facing other changes on the social media site. Get the Full Story Complete the form to unlock this article and...
Facebook is involved in another scandal involving improper access to its user data. This time, the site has admitted that it gave dozens of companies access to the data, even after it claimed to have restricted access to such data back in 2015. Get the...
A hacker has found that a Facebook quiz has exposed the information of more than 120 million monthly users— even after they deleted the app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Facebook moved Tuesday (June 26) to let some advertisements for cryptocurrency run on its platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
New data shows that Instagram is estimated to be worth more than $100 billion — if it were a stand-alone company. According to Bloomberg, this data marks a 100-fold return for the app, which was purchased by Facebook in 2012. Get the Full Story Complete...
Facebook announced that it is testing out subscriptions with a small number of groups to support group admins who lead the communities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Workplace, the enterprise communications app owned by Facebook, announced Wednesday (June 20) that it has launched Workplace For Good, which gives Workplace Premium free to nonprofits and staff at educational institutions around the globe. In a blog post, Workplace said the goal is to help...
Facebook is facing allegations that it inked data-sharing deals with certain companies, providing special access to user information after 2015 when it said it no longer engaged in that practice, reported the Wall Street Journal. Get the Full Story Complete the form to unlock this...