The Facebook-owned messaging app said the attack had signs of coming from a private company working on surveillance.
Facebook says the charge it took in the first quarter is a reasonable estimate of what it would cost to resolve an FTC privacy investigation.
Calls for regulating companies like Amazon, Facebook, and Google out of existence are misguided, says Canada's former competition commissioner.
HUD filed civil charges alleging the company allowed employers and landlords to target ads based on race.
"Companies like Facebook should not be allowed to behave like 'digital gangsters' in the online world," said a report from U.K. lawmakers.
The company is now expecting revenue growth to slow by a “mid-to-high single-digit percentage” in the fourth quarter after a 33.5% gain in Q3.
“We expect our revenue growth rates to decline by high-single-digit percentages from prior quarters sequentially in both Q3 and Q4,” CFO David Wehner says.
At most organizations, culture is over-hyped, under-managed, and of little tangible value.
The switch from a tax on profits would expose the huge U.K. sales of global internet companies to tax authorities.
While changes to Facebook's news feed have reduced usage of the network, higher ad prices offset any loss in revenue.
The plan would have enabled CEO Mark Zuckerberg to maintain control of the company but ran into a shareholder class-action lawsuit.
Using cost discipline, astute capital investments, and operational know-how, these 20 CFOs aim to guide their companies to a growth-filled future.
