Facebook privacy News

U.S. Close to $5 Billion Penalty Against Facebook Over Cambridge Analytica Data

The U.S. Federal Trade Commission is expected to announce a roughly $5 billion settlement with Facebook Inc. as early as this week of its investigation into the social media company’s handling of user data, two sources briefed on the matter …

Facebook Facing $5 Billion FTC Fine Over Cambridge Analytica Data Sharing

The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said on Friday. The FTC has …

EU Judges Face Another Major Facebook Privacy Case from Activist Schrems

Five years ago, when activist Max Schrems took Facebook Inc. to the European Union’s top court no one knew what to call the case. The controversy, which led to judges scrapping a key trans-Atlantic data-transfer agreement, was referred to as …

Facebook Faces Lawsuit for Data Breach Affecting Nearly 30 Million Users

Facebook Inc. failed to fend off a lawsuit over a data breach that affected nearly 30 million users, one of several privacy snafus that have put the company under siege. The company’s disclosure in September that hackers exploited several software …

Emails Suggest CEO Zuckerberg Aware of Facebook’s Privacy Faults, WSJ Reports

Facebook Inc. emails appear to show Chief Executive Officer Mark Zuckerberg’s involvement in discussions about its much criticized privacy practices, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The newspaper said reporters had not seen …

Facebook Rebuffed by Irish Supreme Court Over Data Transfer Case Referral

The European Court of Justice (ECJ) will hear a landmark privacy case regarding the transfer of EU citizens’ data to the United States in July, after Facebook’s bid to stop its referral was blocked by Ireland’s Supreme Court on Friday. …

U.S. Privacy Regulation Tested by Facebook Scandals

Facebook Inc.’s repeated privacy scandals have infuriated users, lawmakers and data-security advocates who are clamoring for a forceful government response. That job mainly falls to Joe Simons, who is under pressure to satisfy doubters or risk sidelining his agency as …

Facebook to Restrict Number of Users Protected Under EU’s New Privacy Law: Reuters

If a new European law restricting what companies can do with people’s online data went into effect tomorrow, almost 1.9 billion Facebook Inc. users around the world would be protected by it. The online social network is making changes that …

Cautious Facebook CEO Tells Congress ‘Details Matter’ On Any Privacy Regulation

Facebook Inc. Chief Executive Mark Zuckerberg on Wednesday told lawmakers that his own personal data was included in that of 87 million or so Facebook users that was improperly shared with political consultancy Cambridge Analytica. But he pushed back on …

Australia Begins Investigation into Facebook over Possible Breach of Data Laws

Australia on Thursday said it had begun an investigation to decide whether social media giant Facebook Inc breached its privacy laws, after the company confirmed data from 300,000 Australian users may have been used without authorization. Personal information of up …