Facebook posts record revenues for first quarter despite privacy scandal
Company sees almost $12bn in revenue, up nearly 50% from last year and beating analyst estimates as Zuckerberg hails ‘strong…
Tag: Mark Zuckerberg
Facebook facial recognition faces class-action suit
Facebook must face a class action lawsuit over its use of facial recognition technology, a California judge has ruled. The…
Zuckerberg: I’m still the man to run Facebook
Despite the turmoil that continues to surround his company, Mark Zuckerberg has insisted he is still the best person to…
Facebook’s Zuckerberg ‘sorry’ over Cambridge Analytica ‘breach’
Facebook founder Mark Zuckerberg has admitted that the social network “made mistakes” that led to millions of Facebook users having…
Facebook value drops by $37bn amid privacy backlash
Facebook’s shares have fallen sharply, wiping $37bn off the firm’s value, as it faces questions from US and UK politicians…