Facebook Inc Chief Executive Mark Zuckerberg has announced the launch of a blockchain division in the company.
Cambridge Analytica, the political consultancy at the centre of the Facebook data-sharing scandal, is shutting down, it was reported on Wednesday.
Facebook is trialling new technology on some Australian and New Zealand users which allows people to give comments an “up” or “down” vote.
Jan Koum’s plan to exit comes after clashing with the parent company over WhatApp’s strategy and Facebook’s attempts to use its personal data and weaken its encryption.
Facebook is set to move more than 1.5 billion users out of reach of a new European privacy law, which would allow regulators to fine companies for data breaches.
During the second day of congress hearings, Facebook CEO Mark Zuckerberg revealed that he was among the nearly 87 million people whose personal information was improperly shared with political consultancy Cambridge Analytica.
Facebook chief executive Mark Zuckerberg on Tuesday during the first of two US congressional hearings apologised, defended his company, and jousted with questioners while agreeing with others.
“We didn’t take a broad enough view of our responsibility, and that was a big mistake. It was my mistake, and I’m sorry,” Zuckerberg said in his written testimony released by the House commerce committee.
Facebook said on Wednesday the personal data of up to 87 million users was improperly shared with British political consultancy Cambridge Analytica, Reuters reported.
Facebook chief Mark Zuckerberg said in March he would testify before Congress, but turned down an invitation by British lawmakers to explain to a parliamentary committee what had happened.