Facebook is buying a stake in Indian e-commerce start-up Meesho, the head of the U.S. tech giant’s Indian business said on Thursday, looking to deepen its reach in one of the world’s biggest internet markets.
Google's lead regulator in the European Union, Ireland's Data Protection Commissioner, opened its first investigation into the U.S. internet giant on Wednesday over how it handles personal data for ads.
Facebook Inc's potential settlement with federal regulators over breaches of consumer data privacy is nearing completion, and will likely cover related services like its WhatsApp messenger, according to a report.
Facebook Inc on Tuesday debuted an overhaul of its core social network and introduced new business-focused tools, the first concrete steps in its plan to refashion itself into a private messaging and e-commerce company.
Facebook is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and beat profit expectations for the first quarter.
The Federal Trade Commission, under pressure to keep closer tabs on big tech companies such as Google and Facebook, said it would create a task force to monitor the sector and investigate anticompetitive conduct.