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Facebook firm in its quest to launch Libra cryptocurrency

Facebook chief executive Mark Zuckerberg on July 24 reaffirmed his commitment to the social network's quest to launch Libra cryptocurrency despite pushback from governments and critics.

Swiss data watchdog awaits details on Facebook crypto plan

Facebook Inc's Libra cryptocurrency project has not responded to an information request by Switzerland's data privacy watchdog, the authority said on Tuesday.

Facebook to create privacy panel, pay US$5bil to US to settle allegations

Facebook has agreed to pay US$5bil (RM20.61bil) as part of a settlement against allegations is misused user privacy, in relation to the scandal involving Cambridge Analytica.

Facebook pay US$5bil to US to settle allegations

WASHINGTON: The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay US$5 billion, two people briefed on the matter said.

Facebook, Amazon set lobbying records as tech scrutiny grows

COLOMBUS: Facebook Inc and Amazon.com Inc set records for lobbying in the second quarter as Washington ramped up scrutiny of big technology companies, while Google’s spending dipped as it continued to reshuffle its influence operations.