Early investor Roger McNamee explains his concerns about the platform’s trajectory. By now we all know the story of Mark Zuckerberg’s rise from his Harvard dorm room to becoming a 23-year-old billionaire. But how the past couple of years have played out, particularly the handling of the Cambridge Analytica scandal, has given Roger McNamee, an […]

The past few years have seen a merging of the personal and professional in the Facebook founder’s annual goals, but the execution has a left a little to be desired amid increased company scrutiny. Every January, Facebook co-founder and CEO Mark Zuckerberg posts his annual resolution for the year. Based on this year’s promise, cracks […]

Facebook said it had fixed the vulnerability since discovering it on Tuesday, and had also informed law enforcement authorities. Facebook said on Friday it found a security flaw in almost 50 million accounts that would allow hackers to take over people’s profiles, a potential additional blow to the social network’s record on privacy. Facebook did […]

Rockville, MD  – Instagram on Monday said co-founders Kevin Systrom and Mike Krieger have resigned as chief executive officer and chief technical officer of the photo-sharing app owned by Facebook Inc, giving scant explanation for the move. The departures at Facebook’s fastest-growing revenue generator come just months after the exit of Jan Koum, co-founder of […]

“If we do not see the progress the sanctions will have to come. I do not want to negotiate forever,” Europe’s Justice Commissioner Vera Jourova said. The European Union gave Facebook an ultimatum on Thursday: Provide users with more information about how their data is used or face sanctions. The 28-country bloc has been in […]

Zombie-like passive consumption of static video is both unhealthy for viewers and undifferentiated for the tech giants that power it. That’s set Facebook  on a mission to make video interactive, full of conversation with broadcasters and fellow viewers. It’s racing against Twitch, YouTube, Twitter and Snapchat to become where people watch together and don’t feel like asocial […]

It’s not entirely clear what exactly is going on in Facebook’s nascent cryptocurrency division, but several reports suggest that something is afoot. Facebook Meets with Cryptocurrency Project Stellar The first comes from Business Insider, who reports that Facebook’s blockchain research group recently met with Stellar to discuss how the social media conglomerate could leverage distributed ledger technology (DLT) […]

Mark Zuckerberg says he doesn’t want to censor the news on Facebook because users are best-positioned to judge the credibility of content. “What we try to do is get our community to tell us what matters to them. … People are smart. They know what they want and what’s good. And they can tell us that […]

Mark Zuckerberg, worth $71 billion at just 33, has done rather well by Facebook’s centrally managed system. Over the past decade and a half, the social media behemoth’s closed-source algorithm has quietly manipulated its millions of users’ news feeds to capture maximum ad dollars and steer them all to Zuck and his shareholders. So, why is he […]