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Facebook, FTC discussing creation of 'independent' privacy committee - report

2019-05-02 15:45:00| Telecompaper Headlines

(Telecompaper) Facebook and the Federal Trade Commission (FTC) have discussed the creation of new privacy policies and roles together with an expected multibillion-dollar fine to settle the regulator's investigation into the social network's privacy practices, according to an unnamed source cited by Politico. The deal would involve appointing a federally approved privacy official at Facebook and setting up an "independent" privacy oversight committee that may include Facebook board members, said the source.

Tags: privacy report independent committee

Facebook announces redesign, new Messenger, Portal features at F8

2019-05-01 09:22:00| Telecompaper Headlines

(Telecompaper) Facebook announced a number of changes to its social network and apps at the first day of its F8 developers conference, in line with its recently announced increased focus on messaging and privacy. Facebook itself will be redesigned to take a greater focus on social aspects like groups over the news feed, while Messenger is getting a new, lighter app as well as a desktop version. While no major hardware was announced, Facebook did announce the start of pre-orders for the Oculus Quest and Rift S and plans for an enterprise VR offering.

Tags: features portal messenger announces

Facebook Portal to get Amazon Prime Video app

2019-05-01 06:00:44| Digital TV News

At its F8 developer conference, Facebook provided an update on plans for its Portal smart display device. This year, availability will be extended to Canada and Europe, and the device will get access to the Amazon's Prime Video app.

Tags: video portal amazon prime

Facebook revenues lift 26% in Q1 but profit hit by legal expenses

2019-04-25 08:52:00| Telecompaper Headlines

(Telecompaper) Facebook continued its upward rise in the first quarter, with revenues advancing 26 percent from the year before to USD 15.077 billion. Advertising revenue made up the bulk of the total, and was also up 26 percent, to USD 14.912 billion. Mobile advertising revenue made up 93 percent of that figure, from 91 percent the year earlier.

Tags: legal hit profit expenses