Business

Turkey probes WhatsApp-Facebook data sharing

Turkey's competition authority on Monday opened an investigation into WhatsApp's decision to share more of its user data with its parent company Facebook.

Internet

WhatsApp updates terms as moves to monetize app

The popular messaging app WhatsApp asked its some two billion users on Thursday to accept new terms that will allow it to share more information with its parent company Facebook and roll out advertising and e-commerce.

Business

Google, Facebook, coordinated antitrust response: report

Google and Facebook worked together to help fend off an antitrust investigation into the two tech giants which dominate digital advertising, according to a media report citing a draft of a state lawsuit.

Internet

Facebook goes to war with Apple over targeted ads

Social networking giant Facebook on Wednesday opened fire on Apple, saying the iPhone maker's new measures on data collection and targeted ads will hurt small businesses.

Internet

Australia watchdog sues Facebook over 'misleading' VPN app

Australia's consumer watchdog launched legal action against Facebook on Wednesday, alleging the social media giant "misled" thousands of Australians by collecting user data from a free VPN service advertised as private.

Business

Agency homing in on social media companies' data collection

Federal regulators are ordering Facebook, Twitter, Amazon, TikTok's parent and five other social media companies to provide detailed information on how they collect and use consumers' personal data and how their practices ...

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Facebook

Facebook is a social networking website that is operated and privately owned by Facebook, Inc. Users can join networks organized by city, workplace, school, and region. People can also add friends and send them messages, and update their personal profiles to notify friends about themselves. The website's name stems from the colloquial name of a book given to incoming students at Zuckerberg's high school alma mater, Phillips Exeter Academy. The book shows the faces and names of the school's students and faculty.

Mark Zuckerberg founded Facebook with fellow computer science major students and his roommates Dustin Moskovitz and Chris Hughes while he was a student at Harvard University. Website membership was initially limited to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League, and Stanford University. It later expanded further to include any university student, then high school students, and, finally, to anyone aged 13 and over. The website currently has more than 250 million active users worldwide.

Facebook has met with some controversy over the past few years. It has been blocked intermittently in several countries including Syria, China and Iran, although Iran later unblocked Facebook in 2009. It has also been banned at many places of work to discourage employees from wasting time using the service. Privacy has also been an issue, and it has been compromised several times. Facebook is also facing several lawsuits from a number of Zuckerberg's former classmates, who claim that Facebook had stolen their source code and other intellectual property.

A February 2009 Compete.com study has ranked Facebook as the most used social network by worldwide monthly active users, followed by MySpace.

This text uses material from Wikipedia, licensed under CC BY-SA