Recent Posts

Zuckerberg tells investors Facebook wants to be ‘understood’ rather than ‘liked’

Facebook, already dealing with criticism about misinformation and protection of user privacy, has a new problem to worry about: slipping profits. The social media giant, which makes most of its money from selling ads, on Wednesday beat Wall Street’s expectations for earnings and revenue in the fourth quarter. But for the full year, the company’s profit shrank due to rising …

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Facebook pays $550M to settle facial recognition privacy lawsuit

Facebook will create a cash fund of $550 million for its Illinois users who filed a lawsuit over its privacy practices, law firm Edelson PC said on Wednesday. The settlement came after Facebook was sued for collecting facial recognition data to use in tagging photos, which allegedly violated the Illinois Biometric Information Privacy Act. Tagging someone in a photo on Facebook …

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