Latest Mark Zuckerberg News

Reports: Facebook faces $5B FTC fine, largest ever in tech

Jul. 13, 2019 7:33 AM EDT

At $5 billion, the fine the FTC is about to levy on Facebook is by far the largest it's given to a technology company, easily eclipsing the second largest, $22 million for Google in 2012. The long-expected punishment, which Facebook is well prepared for, is unlikely to make a dent in the social media giant's deep...

FTC approves record $5B fine for Facebook

Jul. 13, 2019 1:24 AM EDT

At $5 billion, the fine the U.S. Federal Trade Commission is about to levy on Facebook is by far the largest it's given to a technology company, easily eclipsing the second largest, $22 million for Google in 2012. The long-expected punishment, which Facebook is well prepared for, is unlikely to make a dent in the...

Zuckerberg security chief accused of misconduct leaves job

Jul. 8, 2019 6:10 PM EDT

SAN FRANCISCO (AP) — Facebook CEO Mark Zuckerberg's personal security chief won't be returning to his job after being accused of sexual misconduct and slurs that included racist remarks about Zuckerberg's wife, Priscilla Chan. The parting of ways announced Monday comes five weeks after a Business Insider...

APNewsBreak: Data scientist drops Facebook defamation suit

Jul. 2, 2019 5:29 PM EDT

Aleksandr Kogan, the data scientist at the center of Facebook's Cambridge Analytica privacy scandal, said he is dropping a defamation lawsuit against the social network rather than engage in an expensive, drawn-out legal battle. Kogan, 33, sued the social giant in March, claiming it scapegoated him to deflect...

Meet Big Tech's new foe - a congressman who fought City Hall

Jul. 2, 2019 2:22 PM EDT

PROVIDENCE, R.I. (AP) — Can the congressman who took on an entrenched machine politician in Rhode Island also stand up to Big Tech? David Cicilline, the Rhode Island Democrat now leading a House antitrust investigation into the market dominance of Facebook, Google, Amazon and Apple, is about to find out....

Wealthy donation to state raises concerns about transparency

Jun. 27, 2019 7:16 PM EDT

HARTFORD, Conn. (AP) — So excited about a pledge of $100 million for public education from Barbara and Ray Dalio, founder of the world's largest hedge fund, Connecticut state officials agreed to add $100 million in taxpayer money, along with some concessions that have raised concerns over transparency. At...

Zuckerberg says company 'evaluating' deepfake video policy

Jun. 26, 2019 8:21 PM EDT

SAN FRANCISCO (AP) — Facebook CEO Mark Zuckerberg says the company is evaluating how it should handle "deepfake" videos created with artificial intelligence and high-tech tools to yield false but realistic clips. In an interview at the Aspen Ideas Festival in Colorado on Wednesday, Zuckerberg said it might...

Facebook to help French police identify hate speech suspects

Jun. 26, 2019 10:16 AM EDT

PARIS (AP) — Facebook is agreeing to help French police identify hate speech suspects, in what the French government is celebrating as a global first. France's digital affairs minister, Cedric O, said that Facebook will provide authorities "IP addresses to help identify authors of hateful content."...

New York comptroller urges changes at Facebook

Jun. 26, 2019 4:11 AM EDT

ALBANY, N.Y. (AP) — New York state Comptroller Thomas DiNapoli has written to Facebook CEO Mark Zuckerberg demanding big changes in corporate governance. DiNapoli, writing in his capacity as trustee of the state retirement fund, said he will vote against the nominees for Facebook's board of directors at...

Twice burned: Winklevii overshadowed by Zuckerberg yet again

Jun. 18, 2019 6:22 PM EDT

SAN FRANCISCO (AP) — Can a Libra and two Geminis get along? How about Facebook and the Winklevoss twins? Back in the day, Mark Zuckerberg's hunky Harvard classmates claimed the Facebook CEO stole their idea for the social network when he was just a nerdy undergrad. Now, Facebook's grand plan for a new...