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Mark Zuckerberg's Details Leaked in Facebook Data Breach

Facebook CEO Mark Zuckerberg's own personal information was among the details of 533 million Facebook users that leaked in a data breach, it has emerged. Facebook has now confirmed that the leaked data was obtained not by a hack, but by scraping the platform prior to September 2019. The company now says that an exploit was found in its contact importer, but the "specific issue that allowed them to scrape this data in 2019 no longer exists." Facebook has not clarified exactly what personal in...
Tags: Apple, Facebook, Mark Zuckerberg, Instagram, US, European Union, Signal, Federal Trade Commission, Zuckerberg, Mark Zuckerburg, Pete Buttigieg, Facebook Messenger and Instagram, Facebook Data Breach, Facebook Via Bleeping Computer


Facebook challenges FTC’s antitrust case with Big Tech’s tattered playbook

Facebook has challenged the FTC’s antitrust case against it using a standard playbook that questions the agency’s arguably expansive approach to defining monopolies. But the old arguments of “we’re not a monopoly because we never raised prices” and “how can it be anti-competitive if we never allowed competition” may soon be challenged by new doctrine and the new administration. In a document filed today, which you can read at the bottom of this post, Facebook lays out its case with a tone of agg...
Tags: Amazon, Social, Verizon, Facebook, Europe, Lawsuit, Instagram, Fcc, Microsoft, Government, US, Tech, Antitrust, Khan, Federal Trade Commission, Ftc


Facebook asks judge to throw out antitrust lawsuits filed by FTC and state attorneys general

There's a growing appetite in Congress for increased regulation of internet platforms like Facebook. Chip Somodevilla/Getty Images Facebook motioned to dismiss two antitrust suits filed against the tech giant on December 9. Facebook argues the FTC does not have evidence to prove Facebook broke the Sherman Antitrust Act. The tech giant also said state attorneys general waited too long to file their lawsuit. See more stories on Insider's business page. Facebook has motioned to dismis...
Tags: Google, Facebook, Mark Zuckerberg, News, Instagram, Congress, US, Trends, Joe Biden, Antitrust, Department Of Justice, Federal Trade Commission, Ftc, Tech Insider, Facebook Apple Amazon, Allana Akhtar


Lawmakers want to break up Facebook, but experts say restoring competition through regulation should be the goal

Facebook products. Hakan Nural/Anadolu Agency Hakan Nural/Anadolu Agency via Getty Images New York Attorney General Letitia James said a Facebook breakup is "on the table." Insider spoke to three experts who explained what a breakup might look like. They said restoring competition through regulation should be the ultimate goal.  Visit Business Insider's homepage for more stories. Last week, New York Attorney General Letitia James, who is leading 48 other attorneys general in suing Faceboo...
Tags: Apple, Google, Amazon, Facebook, New York, Instagram, Trends, Whatsapp, Antitrust, Bloomberg Businessweek, Federal Trade Commission, Ftc, James, New York University, Nyu, Northwestern University


Facebook blows away Q4 expectations, but calls out Apple's iOS privacy change as a 'headwind' for 2021

Drew Angerer/Getty Images Facebook on Wednesday reported $28.1 billion in Q4 revenue, beating expectations of $26.4 billion. Facebook said monthly users grew to 2.8 billion, versus 2.76 billion expected by analysts. Facebook reported GAAP EPS of $3.88, beating analyst expectations of $3.23. Visit Business Insider's homepage for more stories. Facebook on Wednesday reported record numbers for its fourth-quarter earnings and revenue, beating Wall Street's expectations.The company generated ...
Tags: Apple, Facebook, Instagram, US, Trends, Bloomberg, Canada, Federal Trade Commission, GAAP, Facebook Facebook, US Capitol, Wehner, Dave Wehner, Tyler Sonnemaker, Drew Angerer Getty Images Facebook


What a Facebook Photos product manager thinks about antitrust

Samuel Odio Contributor Share on Twitter Samuel is a product leader and two-time founder, currently serving as VP of Product at Fivestars. He previously founded Divvyshot (acquired by Facebook) and co-founded Freshplum (acquired by TellApart). Leading up to Facebook’s acquisition of Instagram, I was the product manager in charge of Facebook Photos. Mark Zuckerberg had bought my previous company, Divvyshot, one of the first ...
Tags: Social, Facebook, Column, Mark Zuckerberg, Hong Kong, Instagram, Microsoft, Opinion, China, Tech, Policy, United States, Antitrust, Silicon Valley, Department Of Justice, Facebook Photos


Google faces its 3rd major antitrust lawsuit as Texas and other states take the company to court over its ad practices

Google CEO Sundar Pichai. Justin Sullivan /Getty Images A coalition of states filed an antitrust lawsuit against Google over the company's ad practices on Wednesday. Texas Attorney General Ken Paxton said in a Facebook post that Google "used its monopolistic powers to control pricing" and "engage in market collusions to rig auctions" for online ad sales. The Department of Justice brought an antitrust case against Google in October, and a separate group of states plans to file a lawsuit as ...
Tags: Google, Facebook, Politics, Texas, News, Enterprise, Instagram, Colorado, California, US, Trends, Markets, Washington Dc, Lawsuits, Antitrust, Nebraska


Google faces its third major antitrust lawsuit as Texas and other states take the company to court over its ad practices

Google's CEO Sundar Pichai Justin Sullivan /Getty Images A coalition of states filed an antitrust lawsuit against Google over the company's ad practices on Wednesday. Texas Attorney General Ken Paxton said in a Facebook post that Google "used its monopolistic powers to control pricing" and "engage in market collusions to rig auctions" for online ad sales. The lawsuit comes on the heels of an antitrust case brought against Google by the DOJ in October, and another one that a separate gr...
Tags: Google, Facebook, Politics, Texas, News, Enterprise, Instagram, Colorado, California, US, Trends, Markets, Washington Dc, Lawsuits, Antitrust, Nebraska


Google is reportedly about to get hit this week with a second major antitrust lawsuit - this time from states accusing the company of designing its search engine to hurt rivals

CEO Sundar Pichai speaks during the presentation of new Google hardware in San Francisco. REUTERS/Beck Diefenbach A bipartisan group of state attorneys general is planning to file an antitrust lawsuit against Google this week, Politico reported on Tuesday evening. The suit is expected to accuse Google of designing its search engine to favor its own specialized search products over the specialized search tools of competitors, according to Politico. This latest legal challenge follows a rece...
Tags: Google, Amazon, Facebook, Politics, News, Enterprise, Instagram, Colorado, California, Politico, US, San Francisco, Trends, Markets, Washington Dc, Arizona


Experts say the antitrust suits against Facebook may not change anything, but they're still a 'big deal' and signal that the US government will no longer look the other way

Facebook CEO Mark Zuckerberg in Washington DC on Oct. 23, 2019. Andrew Harnik/AP Facebook was slammed with two antitrust lawsuits this week — one from the FTC and one from a group of 48 attorneys general — that take aim at the company's practices of stifling market competition. They also seek to force Facebook's spin-off of WhatsApp and Instagram, but experts told Business Insider that that's unlikely to happen, and the suits will likely stretch out for years. What the lawsuits really repr...
Tags: Facebook, Mark Zuckerberg, Instagram, Congress, US, Trends, Bloomberg, Analysis, Washington Dc, House, Antitrust, Department Of Justice, Donald Trump, Federal Trade Commission, Ftc, Carnegie Mellon


‘Google Has Stifled Competition’: California Joins Federal Antitrust Case Against Search Giant

SACRAMENTO (AP/CBS13) — California is seeking to join the Justice Department in its antitrust lawsuit against Google parent Alphabet Inc., one of the state’s largest businesses. State Attorney General Xavier Becerra filed the motion to join the case in federal court on Friday. “By using exclusionary business agreements to dominate the market, Google has stifled competition and rigged the advertising market,” Becerra said. We’re moving to join a lawsuit against @Google for violating federal anti...
Tags: Google, Facebook, Business, Politics, Instagram, California, Washington, California News, Sacramento, Joe Biden, Ap, Cbs, Justice Department, Federal Trade Commission, Alphabet Inc, Mountain View California


Facebook tried and failed multiple times to acquire a mystery competitor that wasn't Twitter or Snapchat, according to the FTC's new lawsuit

Facebook CEO Mark Zuckerberg in Washington D.C. on Oct. 23, 2019 Andrew Harnik/AP The Federal Trade Commission and attorneys general from 46 states, plus DC and Guam, both filed lawsuits against Facebook on Wednesday. Both suits allege that Facebook broke anti-trust laws and participated in monopolistic behavior by acquiring Instagram and WhatsApp.  "Facebook has, for many years, continued to engage in a course of anticompetitive conduct with the aim of suppressing, neutralizing, and deter...
Tags: Facebook, Mark Zuckerberg, Twitter, UK, News, Instagram, Washington, US, Trends, Snapchat, New York Times, Reddit, Federal Trade Commission, Business Insider, Ftc, WhatsApp Facebook


'It's better to buy than compete': The FTC is using Mark Zuckerberg's own words against him. Read the Facebook CEO's crucial emails here.

Facebook CEO Mark Zuckerberg in Washington D.C. on Oct. 23, 2019 Andrew Harnik/AP The Federal Trade Commission filed a lawsuit against Facebook on Wednesday, accusing the company of buying WhatsApp and Instagram to neutralize competition instead of creating their own services to compete against them. Internal emails written by Facebook CEO Mark Zuckerberg were made public in the lawsuit, and the documents reveal how the executive and others in leadership perceived the two companies as thre...
Tags: Apple, Google, Facebook, Mark Zuckerberg, News, Instagram, Washington, US, Trends, Lawsuits, Antitrust, Federal Trade Commission, Ftc, Zuckerberg, Congressional, Andrew Harnik


Survey: Americans think Big Tech isn’t so bad after all

Will Johnson Contributor Share on Twitter Will Johnson is CEO of The Harris Poll, one of the world’s leading public opinion research firms. In government, there’s rare bipartisan consensus on taking down Big Tech . Capping a 16-month investigation, a Democratic-controlled House committee recently identified Amazon, Apple, Facebook and Google as monopolies that snuff out competition and innovation, equating the Bi...
Tags: Apple, Google, Amazon, Social, Startups, Facebook, Column, Instagram, Congress, Government, Social Media, Joe Biden, Policy, House, Antitrust, Biden


Daily Crunch: FTC and 48 state AGs sue Facebook

Facebook faces big antitrust lawsuits, DoorDash and C3.ai go public and YouTube announces new election misinformation policies. This is your Daily Crunch for December 9, 2020. The big story: FTC and 48 state AGs sue Facebook The Federal Trade Commission filed an antitrust lawsuit against Facebook today, as did 48 attorneys general representing 46 states. They’re separate suits, although the two groups coordinated their investigations. Both suits claim that Facebook has behaved illegally whe...
Tags: Google, Social, Facebook, Instagram, Youtube, US, Tech, Policy, Netflix, Crypto, Cbs, Sundar Pichai, Menlo Ventures, Federal Trade Commission, Ftc, Cbs All Access


Facebook was just hit with 2 big antitrust lawsuits. Here's what 'antitrust' means and how 'trust-busting' laws attempt to keep the biggest firms in US history from growing too powerful.

An 1889 political cartoon. Nawrocki/ClassicStock/Getty Images Antitrust laws were created to keep the big conglomerates, or trusts, that were forming across oil, railroad, steel, and other sectors in the late 1800s and early 1900s from growing too large and powerful. Now, regulators are coming after 21st-century big tech — the Federal Trade Commission and a group of 48 attorneys general filed two separate antitrust lawsuits against Facebook on Wednesday. The lawsuits could lead to Facebook...
Tags: Apple, Google, Amazon, Facebook, Politics, New York, Instagram, Microsoft, Congress, Washington Post, US, Trends, Strategy, Tech, ExxonMobil, Reagan


Facebook needs to spin off Instagram and WhatsApp, say 2 big new lawsuits

Hi! Welcome to the Insider Advertising daily for December 10. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]'s news: The FTC calls for Facebook to be broken up, Twitter audits brand-safety tools, and Dentsu staffers worry about job cuts. Nick Wass/Associated Press Facebook hit with 2 massive antitrust lawsuits from the FTC and 46 st...
Tags: Google, Facebook, Twitter, Media, Instagram, Advertising, Marketing, Trends, Merkle, Biden, Influencer Marketing, Federal Trade Commission, Ftc, Mellody Hobson, Dentsu, Advertising Agencies


FTC Sues Facebook for Illegal Monopolization

The Federal Trade Commission today sued Facebook, alleging that the company is illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct. FTC: Following a lengthy investigation in cooperation with a coalition of attorneys general of 46 states, the District of Columbia, and Guam, the complaint alleges that Facebook has engaged in a systematic strategy -- including its 2012 acquisition of up-and-coming rival Instagram, its 2014 acquisition...
Tags: Facebook, Instagram, Tech, District Of Columbia, Federal Trade Commission, Ftc, Ian Conner, Bureau of Competition Facebook, FTC Sues Facebook


Facebook hit with 2 massive antitrust lawsuits from the FTC and 46 states seeking to spin-off Instagram and WhatsApp

Facebook CEO Mark Zuckerberg. Nick Wass/Associated Press Facebook has been hit with two big antitrust lawsuits, one from the FTC and one from 48 state attorneys general. Both lawsuits revolve around the company's acquisition of Instagram in 2012 and WhatsApp in 2014. Both acquisitions obtained regulatory approval at the time, but have recently come under heavy scrutiny. The lawsuits are seeking a potential breakup of Instagram and WhatsApp from the social media giant. Visit Business Inside...
Tags: Google, Facebook, Mark Zuckerberg, Politics, New York, News, Instagram, Congress, Washington, Trends, Whatsapp, House, Antitrust, Department Of Justice, Attorneys General, Federal Trade Commission


FTC seeks to break up Facebook, alleging illegal monopoly

The Federal Trade Commission today announced a new antitrust lawsuit against Facebook, alleging that the social network has used monopoly power “with the aim of suppressing, neutralizing and deterring serious competitive threats,” and must be broken up. The suit is separate from, but was investigated in coordination with, one from 48 attorneys general also announced today. Both suits allege that Facebook has engaged in illegal patterns of behavior, which the states and federal investigators w...
Tags: Social, Facebook, Instagram, Government, Tech, Antitrust, Federal Trade Commission, Ftc, Technology Enforcement Division


Federal Trade Commission suit threatens breakup of Facebook

Citing "illegal monopolistic" practices, government calls for divestiture of Instagram and Snapchat
Tags: Facebook, Instagram, Advertising, Federal Trade Commission


The Government Sues to Break Up Facebook

The Federal Trade Commission and 48 state attorneys general filed separate lawsuits against Facebook Wednesday, calling it an illegal monopoly that needs to be broken up. The complaints argue that Facebook acquired Instagram and WhatsApp illegally to stifle competition in the social media marketplace and calls for the company to divest from these popular applications,...
Tags: Facebook, Media, Instagram, Advertising, Federal Trade Commission, Platforms


Facebook sued by U.S., 48 states in antitrust case, FTC says

By Marcy Gordon and Michael R. Sisak | The Associated Press Federal regulators asked Wednesday for Facebook to be ordered to divest its Instagram and WhatsApp messaging services as the U.S. government and 48 states and districts accused the company of abusing its market power in social networking to crush smaller competitors. The antitrust lawsuits were announced by the Federal Trade Commission and New York Attorney General Letitia James. “It’s really critically important that we block this pred...
Tags: Facebook, Mark Zuckerberg, Business, New York, Instagram, Sport, Soccer, Federal Trade Commission, Ftc, James, Letitia James, Associated Press Federal, MICHAEL R SISAK, Investigative Reporting, MARCY GORDON, Top Stories LADN


FTC sues Facebook, calls for undoing of Instagram and WhatsApp acquisitions

The Federal Trade Commission has announced that it is suing Facebook. The lawsuit accuses Facebook of “illegally maintaining its...
Tags: Facebook, Instagram, Federal Trade Commission, Ftc


FTC and states sue Facebook, could force Facebook to divest Instagram and WhatsApp

Facebook first disclosed the Federal Trade Commission was investigating its business in July 2019.
Tags: Facebook, Instagram, Federal Trade Commission, Ftc


The FTC and state attorneys general are reportedly aiming up to 4 new antitrust lawsuits at Facebook and Google as talk of regulation continues to heat up

Carsten Koall/Getty Images; Alex Wong/Getty Images The Federal Trade Commission and state attorneys general are gearing up to hit Google and Facebook with new antitrust lawsuits in the coming weeks, per a Monday report from The Wall Street Journal. The probes will focus on whether the companies have had unfair advantages in their domination of the search and ad market and social media. The DOJ and state attorneys generals have been probing aspects of Google's business, including its searc...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Texas, News, Instagram, Microsoft, Congress, US, Trends, Eu, Democrats, House, Antitrust


Facebook and Google are back in the spotlight ahead of key earnings and a possibly testy congressional hearing. Here's what to expect during tech's big week.

The Asahi Shimbun via Getty Images Big tech companies will be scrutinized by both lawmakers and shareholders this week, when three chief executives are set to testify before Congress and a slew of companies report their third-quarter earnings. Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey, and Google CEO Sundar Pichai will face a Senate panel Wednesday as lawmakers push to repeal or rewrite the legal protections that they say shield tech giants from accountability, frequently refe...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Twitter, Instagram, Microsoft, Congress, Senate, Trends, Tech, House, Tim Cook, Antitrust, Department Of Justice


The Justice Dept just slapped Google with a landmark antitrust lawsuit. That could be bad news for Amazon, Facebook, and Apple.

Google CEO Sundar Pichai KENZO TRIBOUILLARD/AFP via Getty Images The Department of Justice filed an antitrust lawsuit against Google Tuesday morning, which could be have implications for other tech giants Apple, Facebook, and Amazon. If Google loses it could encourage lawmakers to rein in other tech giants, potentially going as far as breaking up parts of their business. Successful antitrust action could mean Amazon loses important third-party seller data, and Apple loses control over its ...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Spotify, Politics, News, Instagram, Microsoft, Congress, Youtube, US, Trends, Tech, House


The Justice Department just slapped Google with a landmark antitrust lawsuit. That could be bad news for Amazon, Facebook, and Apple.

Google CEO Sundar Pichai. KENZO TRIBOUILLARD/AFP via Getty Images The Department of Justice filed an antitrust lawsuit against Google Tuesday morning, which could be have implications for Apple, Facebook, and Amazon. If Google loses, lawmakers could be encouraged to rein in other tech giants, potentially going as far as breaking up parts of their business. Successful antitrust action could mean Amazon loses important third-party seller data and Apple loses control over its App Store market...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Spotify, Politics, News, Instagram, Microsoft, Congress, Youtube, US, Trends, Tech, House


Who regulates social media?

Social media platforms have repeatedly found themselves in the United States government’s crosshairs over the last few years, as it has been progressively revealed just how much power they really wield, and to what purposes they’ve chosen to wield it. But unlike, say, a firearm or drug manufacturer, there is no designated authority who says what these platforms can and can’t do. So who regulates them? You might say everyone and no one. Now, it must be made clear at the outset that these companie...
Tags: Google, Amazon, Social, TC, Facebook, Mark Zuckerberg, Twitter, Europe, Instagram, Fcc, Social Networks, Congress, California, France, Government, Social Media



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