Facebook

Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California. It was founded by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes.

Facebook is a popular free social networking website that allows registered users to create profiles, upload photos and video, send messages and keep in touch.

Source: facebook.com

Craigslist Founder Invests $5M In Former Facebook Exec’s Security Project
Craigslist Founder Invests $5M In Former Facebook Exec’s Security Project
July 28, 2019  |  Security & Fraud

A $5 million gift from Craiglist’s Craig Newmark Philanthropies will support a new program, led by former Facebook security expert Alex Stamos. The project will...

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Alcohol Sales Banned On Facebook, Instagram
Alcohol Sales Banned On Facebook, Instagram
July 26, 2019  |  Regulation

While alcohol and tobacco sales were already prohibited on Marketplace, Facebook is now extending the policy: Sales of those products will not be allowed any...

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New Big Tech Attacks, Uber Subscriptions Dominate Week’s News
New Big Tech Attacks, Uber Subscriptions Dominate Week’s News
July 26, 2019  |  News

We at PYMNTS hope you had a terrific week, and that you did not miss any big news from the worlds of payments and commerce. We...

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Australia To Create New Regulatory Branch To Monitor Facebook, Google
Australia To Create New Regulatory Branch To Monitor Facebook, Google
July 26, 2019  |  Regulation

In a move that could establish a precedent for global lawmakers, Australia said it would create an office to police Google and Facebook. Governments from...

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Digital Gains (Payments) Ground, Across Verticals
Digital Gains (Payments) Ground, Across Verticals
July 26, 2019  |  Earnings

Companies across far-flung verticals reported earnings this past week – disparate enough so that one might not see the connections between, say, quick service restaurants,...

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Libra A Sizzle … For Scammers?
Libra A Sizzle … For Scammers?
July 26, 2019  |  Sizzle/Fizzle

And now, the Libra lure. Amid the controversy of a cryptocurrency proposed by Facebook, news comes this week that, per an investigation by The Washington...

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DOJ/State AGs Meet To Review Big Tech-Antitrust Connection
DOJ/State AGs Meet To Review Big Tech-Antitrust Connection
July 26, 2019  |  Regulation

U.S. Attorney General William Barr met with a bipartisan group of state attorneys general on Thursday (July 25) to discuss competition and antitrust issues related...

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Facebook Q2 Weathers Fines And Antitrust Probes
Facebook Q2 Weathers Fines And Antitrust Probes
July 25, 2019  |  Earnings

Despite putting up another earnings beat in Q2 2019, there were reasons for Facebook to worry — apart from its financial results, Facebook also got...

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FTC Files Suit Against Cambridge Analytica For Facebook Privacy Breach
FTC Files Suit Against Cambridge Analytica For Facebook Privacy Breach
July 24, 2019  |  Facebook

The Federal Trade Commission announced that it has filed a suit against data analytics company Cambridge Analytica. In addition to the administrative complaint, the agency...

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