DEBATE: Was it right for MPs to use obscure parliamentary powers to seize Facebook documents? November 27, 2018 Was it right for MPs to use obscure parliamentary powers to seize Facebook documents? Kevin Craig, chief executive and founder of communications agency PLMR, says YES. There is something poetic about British politicians using one of the most archaic parliamentary powers to tackle a very modern policy challenge. Since the Cambridge Analytica story broke, Facebook has [...]
Mark Zuckerberg is a modern wartime chief executive November 26, 2018 Facebook was meant to revolutionise and make everything better wasn’t it? It was a friendly social networking platform that would allow us to share photos and videos, and stay in touch with those we needed to: friends, family, and the loved ones we were separated from by distances in time and geography. But the revelations [...]
DEBATE: As shares continue to tumble, could this be the beginning of the end for Apple? November 22, 2018 As shares continue to tumble, could this be the beginning of the end for Apple? Fiona Cincotta, senior market analyst at City Index, says YES. The easy money momentum trade on Apple looks to be well and truly over. As Apple heads into bear market territory and innovations are lacking, the future is looking less rosy for [...]
Facebook’s Zuckerberg brushes off resignation calls over Definers scandal November 21, 2018 Facebook founder Mark Zuckerberg has fought back against calls for the social media giant to change up its leadership, as requests for resignation letters mount against both him and Facebook operations chief Sheryl Sandberg. Zuckerberg rejected renewed criticism against the company in an interview with CNN late last night, where he took it upon himself to defend [...]
Facebook shares hit near 20-month low as Sandberg defends its reputation November 17, 2018 Shares in social media giant Facebook dropped to their lowest point in 19 months last night, as its operations chief Sheryl Sandberg stepped in to defend the company's position on fake news and Russian interference. In an interview with CBS, Sandberg denied claims from a New York Times investigation that Facebook hired a Republican opposition research [...]
Facebook founder Zuckerberg rejects invitation to appear before UK MPs November 7, 2018 Facebook chief executive Mark Zuckerberg was today revealed to have refused an invite to appear before an “international grand committee” by Digital, Culture and Media and Sport (DCMS) Select Committee chairman Damian Collins The 27 November hearing would have debated the social media giant’s role in perpetuating so-called fake news. Collins had joined forces with his [...]
‘Self-regulation ship has sailed’: UK data watchdog targets Facebook after Cambridge Analytica scandal November 6, 2018 Facebook showed a “disturbing level of disrespect” for users whose data was stolen in the Cambridge Analytica scandal, according to the head of the UK’s data watchdog. Information commissioner Elizabeth Denham also called for the tech giant to be regulated, saying she was “astounded” at the sheer amount of personal data held by the social [...]
Facebook’s Mark Zuckerberg invited again to appear before MPs investigating fake news October 31, 2018 Facebook chief Mark Zuckerberg has been summoned to a special meeting of UK and Canadian MPs to give evidence about ‘fake news’. Conservative MP Damian Collins, chair of parliament’s digital, culture, media and sport committee, has joined forces with his Canadian equivalent, Bob Zimmer, to propose a one-off hearing on 27 November. The social media billionaire [...]
Facebook hit by user drop as European growth falls for a second quarter October 30, 2018 Social media giant Facebook failed to live up to estimates for monthly user growth in its third quarter, as growth remained flat in North America but fell across Europe for the second consecutive quarter in the wake of massive data breaches and tightened regulations. Despite this, its profits outperformed expectations, the firm said tonight. Shares [...]
Apple chief Tim Cook calls for GDPR-style privacy in the US October 24, 2018 Apple chief executive Tim Cook praised EU privacy laws in a rare speech in Brussels today, and demanded that the US follow its lead. Appearing at an international data protection conference, Cook said it was "time for the rest of the world" to get up to speed on data privacy with the EU's General Data Protection [...]