Cameron and Tyler Winklevoss have long been known for their legal battle with Mark Zuckerberg over who invented Facebook. That was over a decade ago. Today they have made names for themselves as entrepreneurs in cryptocurrency with a company called Gemini.
Facebook has reportedly offered several news outlets millions of dollars in exchange for the rights to display their content in a news section it plans on adding.
The Federal Bureau of Investigation has quietly been searching for private contractors who could gather and feed to law enforcement tremendous amounts of user data straight from social media platforms such as Twitter, Facebook and Instagram.
Facebook said Thursday it had found evidence of something cyber security and national security experts have long suspected: people tied to the government of Saudi Arabia have been running covert campaigns on Facebook and Instagram in a bid to prop up support for the kingdom and attack its enemies.
The Federal Trade Commission announced a $ 5 billion settlement with Facebook on Wednesday, resolving a sweeping investigation by regulators into how the company lost control over massive troves of personal data and mishandled its communications with users. It is the largest fine in FTC history — and yet still only about a month’s worth of revenue for Facebook.
Two years ago, Facebook changed its mission statement to focus on “bringing the world closer together.” On Tuesday, it finally appeared to accomplish that lofty goal for the political world at least as Republican and Democrat lawmakers united in their distrust of Facebook.