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EU Rejects Zuckerberg’s Stance On Regulating Facebook
February 17, 2020

European Union industry commissioner Thierry Breton rebuked Facebook’s proposed new internet rules Monday (Feb.17), saying it was Facebook‘s responsibility to adapt to the EU and not the other way around, according to Reuters. Get the Full Story Complete the form to unlock this article and...

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Zuckerberg Talks Guidelines For How To Regulate Facebook
February 16, 2020

Facebook is something in between a newspaper and a telecommunications company, said CEO Mark Zuckerberg, and he wants it to be regulated accordingly, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Nonprofits Shun Data Lock Behind Facebook’s Donate Button
February 13, 2020

Many nonprofits are leery of using Facebook’s “donate” button, saying it doesn’t help them in their fundraising efforts, mainly because Facebook keeps a tight lock on the data of people donating, sharing only a name and amount, according to a report by Bloomberg. Get the...

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Unprecedented Facebook Data-Sharing Plan Takes Off After Privacy Delays 
February 13, 2020

When the independent research commission Social Science One launched in 2018 to study Facebook data, scientists never thought it would take two years to get their hands on information, according to reports on Thursday (Feb. 13). Finally, after numerous privacy delays, the joint commission established...

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Facebook Ireland Holds Up Dating Feature Over Regulator GDPR Compliance Concerns
February 12, 2020

Facebook Ireland put its planned dating feature on hold following a raid by the Irish Data Protection Commission (DPC) on Wednesday (Feb. 12), according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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WhatsApp Hits 2B Users, Stands By Privacy
February 12, 2020

Facebook-owned WhatsApp hit a major milestone, surpassing the 2 billion user mark, the company announced in a Wednesday (Feb. 12) blog post, in which it also defended its privacy policy and use of encryption. Get the Full Story Complete the form to unlock this article and...

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Billionaire Investor Peter Thiel Reduces His Facebook Shares To $2M
February 10, 2020

Early Facebook investor Peter Thiel once had 45 million shares in social media company Facebook, but he recently let go of most of them, and now he’s left with a comparatively paltry $2 million, according to a report by Bloomberg. Get the Full Story Complete...

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Facebook Buys London ‘Visual Positioning Service’ Company For $40M, Sources Say
February 09, 2020

Facebook has acquired London-based startup Scape Technologies, which is working on location-based technology that will expand GPS abilities, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Instagram Pulls In Over 25 Pct Of Facebook Ad Revenue
February 04, 2020

It appears that Instagram generated more than a quarter of Facebook’s total revenue last year, according to sources. 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...