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FTC reportedly investigating Facebook over disclosures about its internal research

The US Federal Trade Commission is reportedly looking into whether Facebook’s own research documents show the social network violated a 2019 settlement over privacy concerns, for which the company paid a $5 billion fine.  FTC officials have begun to look into recently disclosed internal research that outline how much Facebook knew about its platforms’ harms, according to a report Wednesday from …

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Samsung posts record quarterly revenue on strong chip demand

Samsung on Wednesday reported its highest-ever quarterly revenue, thanks largely to continued strong demand and increasing prices for memory chips, as well as sales of panel displays for smartphones. The Korean electronics giant said its revenue for the three-month period ended Sept. 30 came in at 73.9 trillion won ($63 billion), a 10% increase over the year-ago period, which was …

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