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Facebook agrees to pay $5 billion to resolve privacy violation claims

The deal is also unlikely to mollify critics in Congress and among privacy advocates who have called for accountability for Zuckerberg

Facebook agrees to pay $5 billion to resolve privacy violation claims
Updated On : 24 Jul 2019 | 7:15 PM IST

Why $5-bn fine is just the tip of the iceberg of Facebook's settlement woes

FTC will allege that Facebook misled users about how it used their phone numbers and even a facial recognition tool

Why $5-bn fine is just the tip of the iceberg of Facebook's settlement woes
Updated On : 24 Jul 2019 | 1:24 PM IST

Facebook to pay civil penalty of $5 bn to settle allegations by US FTC

The fine will mark the largest civil penalty ever paid to the FTC

Facebook to pay civil penalty of $5 bn to settle allegations by US FTC
Updated On : 24 Jul 2019 | 7:07 AM IST

Prospects of FB's Libra may be dim but cryptocurrencies likely to roll on

Lawmakers have also raised concerns over Facebook's spotty record on privacy and data protection

Prospects of FB's Libra may be dim but cryptocurrencies likely to roll on
Updated On : 18 Jul 2019 | 11:18 AM IST

Is Facebook a bank? US lawmakers push for answers on Libra cryptocurrency

Libra will also face additional concerns from international regulators and lawmakers, which could further delay its progress

Is Facebook a bank? US lawmakers push for answers on Libra cryptocurrency
Updated On : 18 Jul 2019 | 9:56 AM IST

Global tech giants face the heat from US lawmakers over content liability

The technology platforms that came under fire Tuesday were darlings of official Washington in the Obama years as they grew to dominate their respective markets

Global tech giants face the heat from US lawmakers over content liability
Updated On : 18 Jul 2019 | 3:57 AM IST

Facebook ties up with govt CSC programme to train rural women entrepreneurs

Initiative will cover 250,000 entrepreneurs in 3,000 villages also seeks to educate them about privacy and security as first-time users

Facebook ties up with govt CSC programme to train rural women entrepreneurs
Updated On : 16 Jul 2019 | 8:11 PM IST

Money launderers, terrorist financers can misuse Facebook's Libra: Mnuchin

Facebook's new currency plan under scrutiny in Congress

Money launderers, terrorist financers can misuse Facebook's Libra: Mnuchin
Updated On : 16 Jul 2019 | 10:29 AM IST

'Not a fan': Facebook's Libra under fire, from crypto community to Trump

Libra, which is widely regarded as a challenger to dominant global player Bitcoin, is expected to launch in the first half of 2020

'Not a fan': Facebook's Libra under fire, from crypto community to Trump
Updated On : 14 Jul 2019 | 9:34 AM IST

Fed chair raises 'serious concerns' about FB's cryptocurrency project

On Wednesday, the chair of the Federal Reserve, Jerome Powell, said Libra raised a host of "serious concerns" around "money laundering, consumer protection and financial stability"

Fed chair raises 'serious concerns' about FB's cryptocurrency project
Updated On : 12 Jul 2019 | 2:03 AM IST

I-T lens on Facebook and Google for underreporting revenue in India

CBDT wants to do survey and spot verifications for detecting non-compliance

I-T lens on Facebook and Google for underreporting revenue in India
Updated On : 09 Jul 2019 | 9:50 PM IST

Google, Facebook made Rs 10,000 crore; paid Rs 200 crore as tax in India

Modi government plans to bring companies that derive revenues from Indian users but pay taxes elsewhere into the corporate tax net

Google, Facebook made Rs 10,000 crore; paid Rs 200 crore as tax in India
Updated On : 09 Jul 2019 | 3:33 PM IST

FB, Google ads' share less than 1% of overall poll campaign outlay in India

India falls way behind US and UK, whose allocations to the two tech giants are 6.5% and 10.5%, respectively

FB, Google ads' share less than 1% of overall poll campaign outlay in India
Updated On : 09 Jul 2019 | 3:31 PM IST

G20 finance ministers agree to plug tax loopholes used by Facebook, Google

Facebook, Google, Amazon and other large technology companies face criticism for reducing their tax bills by booking profits in low-tax countries.

G20 finance ministers agree to plug tax loopholes used by Facebook, Google
Updated On : 09 Jul 2019 | 3:30 PM IST

Huawei barred from installing Facebook, WhatsApp, Instagram on new phones

It's not clear if buyers of new Huawei devices will be able to install Facebook's apps on their own

Huawei barred from installing Facebook, WhatsApp, Instagram on new phones
Updated On : 09 Jul 2019 | 11:13 AM IST

Mark Zuckerberg isn't an alien: Facebook fights fake news about Facebook

Inside Facebook Inc.'s Menlo Park, California, headquarters, a small group of staffers watched this rumor gain traction using a special software program

Mark Zuckerberg isn't an alien: Facebook fights fake news about Facebook
Updated On : 08 Jul 2019 | 5:35 PM IST

Facebook, Twitter not invited to Trump's social media summit: CNN report

Facebook, Twitter not invited to White House social media summit: Report

Facebook, Twitter not invited to Trump's social media summit: CNN report
Updated On : 08 Jul 2019 | 2:02 PM IST

Facebook's plan for a digital currency draws ECB warning on regulation

Facebook's plan for a digital currency called Libra has policy makers scrambling. The UK's three main financial regulators are working together on how best to respond

Facebook's plan for a digital currency draws ECB warning on regulation
Updated On : 08 Jul 2019 | 12:14 AM IST

Indian Patent office turns down invention-related application of Facebook

'No novel and/or inventive hardware features are defined in the claims', said the patent office

Indian Patent office turns down invention-related application of Facebook
Updated On : 06 Jul 2019 | 11:34 PM IST

Facebook launches VC Brand Incubator to help SMBs grow digital presence

As part of this initiative, FB will work with VC funds to skill and mentor SMBs by sharing insights on best practices, proven solutions, insights among other key learning

Facebook launches VC Brand Incubator to help SMBs grow digital presence
Updated On : 04 Jul 2019 | 1:51 AM IST