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After several months of negotiations, the US Federal Trade Commission (FTC) approved a record amount of $5 billion from Facebook in connection with a confidentiality investigation concerning the scandal with Cambridge Analytica. The agreement will put an end to a large-scale investigation that began more than a year ago and focused on a breach of […]
Ever since Facebook stepped into the crypto world with its Libra cryptocurrency, more often than not, it has suffered from several controversies. The most recent, which could put its future in jeopardy again, is the US Treasury’s serious concern about Libra and other cryptocurrencies. In a press conference, US Treasury Secretary Steven Mnuchin has suggested […]
Data protection specialists report on the U.S. Federal Trade Commission (FTC) decision to apply a $5 billion USD fine to Facebook due to multiple practices that violate several social media users’ privacy protection laws. The FTC’s decision has led to multiple unconformities because, after months of debate and investigations into the social network well-known misconduct […]
Watch out! Facebook-owned photo-sharing service has recently patched a critical vulnerability that could have allowed hackers to compromise any Instagram account without requiring any interaction from the targeted users. Instagram is growing quickly—and with the most popular social media network in the world after Facebook, the photo-sharing network absolutely dominates when it comes to user […]
If it’s not apparent from the title then here it is once again: Donald Trump hates bitcoin and other forms of cryptocurrencies as well, including Facebook Libra. He is suggesting that these bitcoins are not real money and that the US dollar is the only real currency in the United States of America. However, he […]
As surprising as it may sound, Facebook is up but Twitter is down. The online news and social networking site Twitter is down right now after suffering a massive outage. This comes as a surprise since Twitter has a proven track record of maintaining its service even when social media giants like Facebook and Instagram […]
After almost 15 years of existence, Facebook has now transformed itself into something more than a social network. Per the latest updates, the social media giant is planning to have a new skunkworks division which would go by the name NPE Team, LLC. NPE stands for New Product Experimentation. In its blog post, Facebook says […]
Facebook has become a breeding ground for spreading fake news. The company’s efforts have not amounted to anything significant when it comes to curbing fake news on the platform. However, a Bloomberg report suggests that the company cares deeply about fake news related to Facebook and has dedicated tools to fight it. During the 2016 […]
The trio of Facebook-owned services – Facebook, Instagram, and WhatsApp – suffered an outage, with many users complaining that they couldn’t upload or download photos in their feeds and stories. The social media platforms were revived after some time as Facebook confirmed that the outage was due to maintenance operations. Owing to the hours-long outage, […]
Facebook suffered a massive outage in its suite of apps yesterday morning; According to website security audit specialists, this flaw provided social network users with certain details about Facebook’s machine learning system for sorting all the users’ content. In addition to Facebook, Instagram and WhatsApp services suffered several failures and interruptions, affecting content displayed, content […]
You are not alone; Facebook and Instagram are down for almost everyone in Europe and America. Another day, another service outage at social media giant Facebook and its subsidiary company Instagram. Yes, Facebook and Instagram have been hit by a worldwide service outage forcing both platforms to go offline. According to the Facebook’s outage map displayed on […]
A team of website security specialists detected and exposed a campaign that, taking advantage of Libya-related news, began deploying dozens of fake Facebook sites and profiles to distribute malware over the past five years. The links used by the attackers redirected the victims to sites that hosted malware for Android and Windows equipments; one of […]
Researchers from cybersecurity firm Check Point have uncovered a Facebook campaign that has been spreading malware since 2014. The campaign was operating under the posts that discussed the political situation in Libya. Notorious Remote Access Trojans (RATs) like SpyNote, Houdini and Remcos were spread through Facebook pages and it is believed that the residents of […]
The app made its way to Google Play Store was also found phishing users for Facebook credentials. Scary Granny ZOMBY Mod: The Horror Game 2019 is the latest game on Google Play Store that is condemned by the digital security fraternity for sneakily stealing personal data from unsuspecting users. The game, which has been downloaded […]
In the 21st century, you can easily find people saying that data is the new oil. Because, it is. Once you get on the internet, all you become is a source of data to the countless number of trackers fitted in each and every website, including this one. These trackers are designed to collect data […]
For many years, Facebook literally ignored the existence of cryptocurrency as a potential business which the social media giant can engage with. As the year 2019 rolls-out, the Mark Zuckerberg-led company has decided to partner with another party, for the purpose of launching its own cryptocurrency, Libra coins. Being a global tech giant, Facebook will […]
Bitcoin cryptocurrency exceeded the $11,000 limit for the first time in more than 15 months; according to website security specialists, this is mainly due to Facebook announcement of its incursion into the field of virtual assets with the launch of Libra, its own cryptocurrency. On Monday, the cryptocurrency peaked at $11,307 USD limit per unit, […]
A new research, conducted by Penn Medicine and Stony Brook University, has revealed that your social media posts can be used for diagnosing illnesses faster than a clinical diagnosis. The research has concluded that people use words and dialects in posts shared on social media that point to conditions such as diabetes, depression, anxiety, and […]
Chris Hughes, the co-founder of Facebook, thinks that the newly unveiled cryptocurrency Libra will have a “frightening” impact on the economy — by shifting power from central banks to corporations. Earlier this week, Facebook unveiled its global digital coin, which will be managed by the Libra Association and circulated through a wallet named Calibra. Hughes […]
The various rumors finally led Facebook into launching its own cryptocurrency and wallet just recently. While we may all think it to be a great opportunity for Facebook to get its lost goodwill, it seems like it’s not as easy as it is thought to be. Per the latest reports, Facebook’s Calibra wallet won’t be […]
Facebook, after various speculations, finally released its own cryptocurrency Libra and wallet. However, it seems like the company might have to face some trouble in order to fully make it accessible to the users. It is reported that US Congresswoman Maxine Waters, chair of the House Financial Services Committee, has directed the Mark Zuckerberg-owned company […]