The recommendation, in a preliminary report on the U.S. firms' market power, is being closely watched around the world as lawmakers wrestle with the powerful tech firms' large and growing influence in public life, from privacy to publishing.
While they mostly cover the period between 2012 and 2015, the first three years after Facebook went public, they offer a rare glimpse into the company's inner workings and the extent to which it used people's data to make money while publicly vowing to protect their privacy.
The social media giant's shares, which have tumbled more than 22 per cent this year, rose nearly 1 percent in extended trading. The new program is in addition to a share buyback plan of up to $15 billion announced by the company last year.
A UK House panel has released documents that paint a poor picture of Facebook’s business practices and attitude towards privacy, and show that it debated how best to profit from the phenomenon it had built
The documents show an exchange between Facebook CEO Mark Zuckerberg and senior executive Justin Osofsky in 2013, which approved barring friends' data access to Vine, a video-hosting service owned by Twitter.
Bijnor, Jan 12 (ANI): A woman in Bijnor, Uttar Pradesh has been arrested on charges of attempt to murder after a shocking video uploaded by a social activist went viral on Monday, which showed her brutally beating up and torturing her elderly mother-in-law. The video, captured on January 5, shows Sangeeta, brutally assaulting 70-year-old Rajrani Jain, with a brick and trying to strangle her with a rope. Sangeeta's husband Sandip Kumar Jain informed that he installed CCTV camera in their home to catch her red-handed as she had been assaulting his parents for quite some time. In the Facebook post, Kundan Srivastava described Sangeeta as a "cruel woman" who filed false dowry harassment and marital rape cases against Sandeep.