Facebook has been ordered to curb data collection practices in Germany after a ruling on Thursday that the world’s largest social network abused its market dominance to gather information about users without consent.
Facebook Inc Chief Executive Mark Zuckerberg is planning to unify the underlying messaging infrastructure of the WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption into these apps.
Amazon is among eight tech firms named in a complaint filed in Austria by non-profit organisation Noyb, which cited their failure to comply with the European Union's General Data Protection Regulation (GDPR).
Facebook Inc on Tuesday relieved investors by forecasting that margins would stop shrinking after 2019 as costs from scandals ease up, sending shares up despite a second-straight quarter with record-low user growth.
The funding will help the London-based start-up hire at least 50 more people this year and open offices in Hong Kong and New York. It comes after four years of strong growth, with sales doubling every year.
Facebook shares plummeted on Wednesday after executives said that profit margins would plummet for several years due to the costs of improving privacy safeguards and slowing usage in the biggest advertising markets.