Former Goldman Sachs President Gary Cohn doesn’t trust social media companies. According to Bloomberg, Cohn believes that banks were more trustworthy in 2008 than social...
The team at Facebook is not having a great week, as it seems all of its recent data scandal chickens have come home to roost....
Facebook‘s stock price plunged Wednesday (July 25) after the social media operator’s Q2 financial report showed missed targets on revenue and users, and the ongoing...
The Securities and Exchange Commission is once again investigating Facebook, this time looking into whether the social media giant adequately warned investors that user data...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes the latest about Amazon’s healthcare plans and Walmart’s...
A new data analytics firm has emerged from the ashes of the former Cambridge Analytica (CA) consulting business, which filed for insolvency after the massive data...
Facebook was hit with a $660,000 fine, the maximum allowed, by the British Information Commissioner’s Office over its data scandal with now-defunct political consulting firm...
Following news that the U.S. government probe into the Facebook data breach connected with Cambridge Analytica has widened, shares of the company dropped 2 percent...
Facebook’s data scandal, in which the now defunct political consulting firm Cambridge Analytica accessed the data on 87 million users without their consent, is getting further...