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Facebook spent $23 million on Mark Zuckerberg's security last year. That's $3 million more than in 2019, partly thanks to increased security risks during the election.

Facebook CEO Mark Zuckerberg. Niall Carson/PA Images via Getty Images Facebook spent more than $25 million on CEO Mark Zuckerberg in 2020. He collected a salary of $1. Facebook spent about $23.4 million on his and his family's personal security. This is an almost $3 million rise from 2019. Facebook cited increased security costs in the pandemic and US elections. See more stories on Insider's business page. Facebook spent more than $25 million on CEO Mark Zuckerberg in 2020, accordi...
Tags: Google, Facebook, Mark Zuckerberg, Congress, Senate, US, Trends, Jack Dorsey, Donald Trump, Sundar Pichai, Zuckerberg, US Capitol, Zuckerberg Zuckerberg, Sandberg Facebook, Getty Images Facebook, Kate Duffy


FTC Urges Courts Not To Dismiss Facebook Antitrust Case

The Federal Trade Commission has urged a federal judge in DC to reject Facebook's request to dismiss the FTC's high-stakes antitrust lawsuit. In a 56-page legal brief, the FTC reiterated its arguments that Facebook's profits have come from years of anticompetitive conduct. From a report: "Facebook is one of the largest and most profitable companies in the history of the world," the FTC wrote. "Facebook reaps massive profits from its [social networking] monopoly, not by offering a superior or mor...
Tags: Facebook, Mark Zuckerberg, Tech, Dc, Federal Trade Commission, Ftc, Zuckerberg, Facebook Antitrust Case, Instagram While Instagram


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


Bubble Watch: 20 U.S. real estate tycoons or Facebook’s Mark Zuckerberg?

Donald Bren, the 88-year-old owner of real estate giant Orange County-based Irvine Co., has a net worth of $15.3 billion, according to Forbes — again the nation’s wealthiest individual property owner. Fifth-wealthiest US real estate owner was Edward Roski, Jr.,82. His $5.5 billion worth, as estimated by Forbes, comes from Majestic Realty, a Los Angeles-based developer. Sound The gallery will resume in seconds Rick Caruso, 62, has a $4.2 billion net worth from his Los Angeles ma...
Tags: Amazon, Facebook, Mark Zuckerberg, Business, Real Estate, Technology, News, Microsoft, Housing, France, US, Los Angeles, Tesla, Sport, Soccer, New York Times


Lawmakers press Instagram for details on its plans for kids

A group of Democratic lawmakers wrote to Mark Zuckerberg this week to press the CEO on his plans to curate a version of Instagram for children. In a hearing last month, Zuckerberg confirmed reporting by Buzzfeed that the company was exploring an age-gated version of its app designed for young users. Senators Ed Markey (D-MA), Richard Blumenthal (D-CT) and Representatives Lori Trahan (D-MA) and Kathy Castor (D-FL) signed the letter, expressing “serious concerns” about the company’s ability to pro...
Tags: TC, Facebook, Mark Zuckerberg, Kids, Instagram, Buzzfeed, Congress, Government, Tech, House, Zuckerberg, Democratic, Richard Blumenthal, Ed Markey, Messenger Kids, Kathy Castor D FL


Answers being sought from Facebook over latest data breach

Facebook’s lead data protection regulator in the European Union is seeking answers from the tech giant over a major data breach reported on over the weekend. The breach was reported on by Business Insider on Saturday which said personal data (including email addresses and mobile phone numbers) of more than 500M Facebook accounts had been posted to a low level hacking forum — making the personal information on hundreds of millions of Facebook users’ accounts freely available. “The exposed data in...
Tags: TC, Facebook, UK, US, Social Media, Tech, Eu, European Union, Data Breach, United Kingdom, Data Security, Computer Security, Business Insider, Zuckerberg, Gdpr, Hunt


Tim Cook says Facebook's objections to letting people pick whether or not to be tracked are 'flimsy arguments'

Apple CEO Tim Cook, left, and Facebook CEO Mark Zuckerberg. AP; Francois Mori/AP Tim Cook says Facebook's arguments about Apple's upcoming privacy features are "flimsy." "I think that you can do digital advertising...without tracking people," he told The New York Times. Facebook has said Apple's new feature will destroy part of its advertising business. See more stories on Insider's business page. Tim Cook isn't buying Facebook's arguments against Apple's upcomi...
Tags: Apple, Facebook, Mark Zuckerberg, Cook, Privacy, Advertising, Trends, New York Times, Tim Cook, The Times, App Store, Wall Street Journal, Zuckerberg, Mark, Kara Swisher, Cambridge Analytica


Mark Zuckerberg and Tim Cook have feuded for years over user privacy and antitrust concerns. Here's where their rivalry began and everything that's happened since.

Apple CEO Tim Cook, left, and Facebook CEO Mark Zuckerberg. AP; Francois Mori/AP Facebook CEO Mark Zuckerberg and Apple CEO Tim Cook have been adversaries for years. They've traded barbs over how expensive Apple products are and the Cambridge Analytica scandal. Now, Facebook is fighting back against Apple's upcoming privacy feature. Visit Business Insider's homepage for more stories. The long-standing feud between Mark Zuckerberg and Tim Cook appears to be raging on.The two te...
Tags: Apple, Google, Facebook, Mark Zuckerberg, Cook, Congress, Time, Trends, Features, Washington Dc, New York Times, Tim Cook, The Times, The New York Times, App Store, Times


Why is Amazon Taunting Politicians?

Confronting progressive U.S. Senators Bernie Sanders and Elizabeth Warren, Amazon officials tweeted "the kind of bad-ittude you rarely see from a major corporation," writes Kara Swisher. "Here's what was more extraordinary — and revealing — to me: One of the most powerful companies in the world could not take criticism from politicians without acting like one of the biggest babies in the world..." But why? [I]t all felt oddly emotional and risky, which is why it was clear that the decision to...
Tags: Amazon, Facebook, Mark Zuckerberg, Washington, Alabama, Tech, Bernie Sanders, Zuckerberg, Bezos, Kara Swisher, Elizabeth Warren Amazon


Mark Zuckerberg's phone number appeared among the leaked data of Facebook users, according to a researcher

Facebook CEO Mark Zuckerberg. Andrew Harnik/AP Mark Zuckerberg's personal information appears to be among data posted on a hacking forum. A cyber researcher said Facebook's co-founders also had their information exposed. Insider's Aaron Holmes previously reported the leak, which affected more than 500 million users. See more stories on Insider's business page. The cell-phone number of Facebook CEO Mark Zuckerberg is among the personal information leaked online in a low-...
Tags: Facebook, Mark Zuckerberg, Trends, Tech, Data, Chris Hughes, Federal Trade Commission, Zuckerberg, Holmes, Walker, Dustin Moskovitz, Facebook Inc, Cambridge Analytica, Big Tech, Tech Insider, Dave Walker


Facebook will soar 31% on strong ad trends and e-commerce growth, Deutsche Bank says

Facebook CEO Mark Zuckerberg. Andrew Harnick/AP Photo Deutsche Bank raised its price target on shares of Facebook to $385 on Sunday. The price target implies a potential 31% jump in share price from Facebook's Monday intraday highs. Analysts cited advertising trends and e-commerce growth as their reasoning for the new price target. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Deutsche Bank raised its price target on Facebook stock to $385 on Monday, citing ...
Tags: Apple, Facebook, Mark Zuckerberg, Trends, Bloomberg, Deutsche Bank, Shopify, Zuckerberg, FCF, Walmsley, Overall Deutsche Bank, Lloyd Walmsley, Will Daniel, Mark Zuckerberg Andrew Harnick, AP Photo Deutsche Bank, Things Before the Opening Bell Deutsche Bank


Congress Questioned Big Tech CEOs For 5 Hours Without Getting Any Good Answers

An anonymous reader quotes a report from Engadget: More than five hours of questioning later, we have learned very little about the state of disinformation from today's marathon hearing with Mark Zuckerberg, Jack Dorsey and Sundar Pichai. Democrats pushed the CEOs to answer for their platforms' failing on vaccine misinformation and extremism. Republicans wanted to talk about child safety. Everyone wanted simple "yes" or "no" answers, though few were given. What is clear is that both sides are mo...
Tags: Google, Facebook, Instagram, Congress, California, Tech, House, Zuckerberg, Engadget, Facebook Twitter, Anna Eshoo, David McKinley, US Capitol, Big Tech, Mark Zuckerberg Jack Dorsey, Congress Questioned Big Tech


Mark Zuckerberg claimed the reason Facebook keeps showing up in Capitol riot lawsuits is because it's really helpful to police

Facebook CEO Mark Zuckerberg testifies before Congress remotely during a Senate hearing on November 17, 2020. Hannah McKay-Pool/Getty Images Facebook was cited in more legal docs about the Capitol riots than any other social-media platform. Mark Zuckerberg told Congress it's because Facebook has been cooperating with law enforcement. On Thursday, he also downplayed Facebook's role allowing misinformation and violence to spread. See more stories on Insider's business page. Faceb...
Tags: Google, Facebook, Mark Zuckerberg, Politics, New York, Congress, Senate, Trends, Wall Street Journal, Journal, Sheryl Sandberg, Zuckerberg, Misinformation, Capitol, Facebook Twitter, Avaaz


Daily Crunch: Zuckerberg defends Facebook over role in Capitol attack

Tech executives face Congress, Spotify gets a redesign and Snapchat is developing a new Remix feature. This is your Daily Crunch for March 25, 2021. The big story: Zuckerberg defends Facebook over role in Capitol attack Facebook’s Mark Zuckerberg, Twitter’s Jack Dorsey and Google’s Sundar Pichai appeared at a hearing today with the House Energy and Commerce Committee on the theme of misinformation, particularly the role that their platforms may have played in the Capitol attack by allowing lies ...
Tags: Google, Facebook, Spotify, New York, Tech, Snapchat, Policy, Jack Dorsey, Andrew Cuomo, Donald Trump, New York State, Sundar Pichai, Zuckerberg, Jpmorgan, Capitol, House Energy and Commerce Committee


Mark Zuckerberg said content moderation requires 'nuances' that consider the intent behind a post, but also highlighted Facebook's reliance on AI to do that job

Energy and Commerce Committee/YouTube Facebook's Mark Zuckerberg said the "nuances" of content matters when moderating posts. The CEO also said Facebook relies on automation - more than 95% of hate speech is taken down by AI. Zuckerberg was joined by the CEOs of Twitter and Google in a misinformation hearing on Thursday. See more stories on Insider's business page. Facebook CEO Mark Zuckerberg said the nuances of counter-speech are what makes it difficult to moderate content onlin...
Tags: Google, Facebook, Mark Zuckerberg, Twitter, New York Post, Politics, News, California, Trends, Social Media, Joe Biden, Zuckerberg, Misinformation, Democratic, Facebook Google, Facebook CEO


Mark Zuckerberg said policing bullying is hard when the content is 'not clearly illegal' - in 44 states, cyberbullying can bring criminal sanctions

Mark Zuckerberg at the 56th Munich Security Conference in February 2020. Sven Hoppe/picture alliance via Getty Images US Rep. Fred Upton asked Mark Zuckerberg what Facebook was doing to stop bullying. Zuckerberg said the site has trouble moderating that content it because it's "not clearly illegal." 48 states have laws against online harassment and bullying. See more stories on Insider's business page. Facebook CEO Mark Zuckerberg said it has been difficult for his social media net...
Tags: Google, Facebook, Mark Zuckerberg, Twitter, News, US, Trends, Social Media, Cyberbullying, Hearing, Zuckerberg, Misinformation, Capitol, Fred Upton, Google Facebook, R


These House hearings on tech are a waste of time and everyone knows it

If Congress wants to write laws that effectively regulate companies like Facebook, Google and Twitter, it needs to change the ways it interacts with those companies, because these hearings ain’t it. They’re a waste of everyone’s time, and no one is even pretending otherwise. To truly put Big Tech on the spot, future hearings need to do — at the very least — these three things. Change the format Five minutes of free-form questioning by 60 or 70 representatives sequentially is the current format...
Tags: TC, Facebook, Mark Zuckerberg, Congress, Government, US, Tech, Mit, Washington Dc, House, Jeff Bezos, Jack Dorsey, Committee, Kamala Harris, Pichai, Dorsey


Social media CEOs hedge on whether they’d boot the 12 anti-vax ‘super spreaders’ cited by states’ attorneys general

On Wednesday, a coalition of a dozen state attorneys general called on Facebook and Twitter to step up their enforcement of their community guidelines to curtail the spread of COVID-19 vaccine misinformation on their platforms. Their letter specifically identified 12 “anti-vaxxer” accounts that were responsible for a sizable 65% of public anti-vaccine content on Facebook, Instagram, and Twitter. In today’s House hearing on disinformation and extremism, Twitter and Facebook’s CEOs, along with Goo...
Tags: Google, Social, TC, Facebook, Twitter, Instagram, Tech, House, Jack Dorsey, Sundar Pichai, Pichai, Dorsey, Zuckerberg, Facebook Twitter, Facebook Instagram, Doyle


Zuckerberg blames Trump, not Facebook, for the Capitol attack

In an interview with Reuters six days after the attack on the U.S. Capitol, Facebook Chief Operating Officer Sheryl Sandberg infamously downplayed her company’s role in the day’s horrific events, which left five people dead. “I think these events were largely organized on platforms that don’t have our abilities to stop hate and don’t have our standards and don’t have our transparency,” Sandberg said at the time, touting Facebook’s very recent and far from thorough efforts to remove QAnon, con...
Tags: TC, Facebook, Government, US, Tech, Fbi, House, Michigan, Donald Trump, Sheryl Sandberg, Dorsey, Zuckerberg, Trump, Reuters, Capitol, House Energy and Commerce Committee


Big Tech CEOs Told 'Time For Self-Regulation is Over' By US Lawmakers

The chief executives of Facebook, Google and Twitter faced criticism from U.S. lawmakers on Thursday about their approaches to extremism and misinformation in their first appearances before Congress since pro-Trump rioters assaulted the U.S. Capitol on Jan. 6. From a report: "We fled as a mob desecrated the Capitol, the House floor, and our democratic process," said Democratic Representative Mike Doyle. "That attack, and the movement that motivated it, started and was nourished on your platforms...
Tags: Google, Facebook, Mark Zuckerberg, Congress, US, Tech, National Mall, Jack Dorsey, Donald Trump, Zuckerberg, Trump, House Energy and Commerce Committee, Facebook Google, Mike Doyle, Capitol the House, COVID


Facebook 'supercharged' the Stop the Steal campaign that led to the Capitol insurrection, US lawmaker says

People attend a rally in support of President Donald Trump on Wednesday, Jan. 6, 2021, in Washington. AP Photo/Jose Luis Magana US Rep. Mike Doyle says Facebook "supercharged" false election claims before the Capitol riots. Doyle referenced a viral Stop the Steal group on Facebook that attracted 365,000 members in 2 days. The comment came as the CEOs of Facebook, Twitter, and Google testify Thursday in front of Congress. See more stories on Insider's business page. A US Representative ...
Tags: Google, Facebook, Mark Zuckerberg, Politics, News, Instagram, Congress, Washington, US, Trends, Joe Biden, Pennsylvania, Dc, Jack Dorsey, Donald Trump, Zuckerberg


WATCH LIVE: The CEOs of Google, Facebook, and Twitter are testifying in a congressional hearing about misinformation

The CEOs of Google, Facebook, and Twitter are testifying before Congress this afternoon. The hearing will address how false information around the pandemic and the election spreads online. Platforms have faced increased scrutiny over how they aid in the spread of misleading information. See more stories on Insider's business page. The leaders of Google, Facebook, and Twitter are facing questions from US lawmakers over how misleading information spreads on their platforms.Google CEO Sundar P...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, Twitter, Politics, News, Congress, US, Trends, Republican, Jack Dorsey, Donald Trump, Pichai, Zuckerberg, Google Facebook


Watch Zuckerberg, Pichai and Dorsey testify at the House hearing on disinformation and extremism

Big tech is back on the virtual hill. Three of tech’s most prominent CEOs will appear before the House Energy and Commerce committee today at 9AM PT as lawmakers grill the companies on their failure to contain disinformation and extremism. In opening statements made available before the hearing, Facebook’s Mark Zuckerberg, Twitter’s Jack Dorsey and Google’s Sundar Pichai each laid out the conversation they’d prefer to have. Zuckerberg pushed for reforms to Section 230 of the Communications Dec...
Tags: Google, TC, Facebook, Mark Zuckerberg, Congress, Government, Tech, House, Jack Dorsey, Sundar Pichai, Dorsey, Zuckerberg, Capitol, House Energy and Commerce, Zuckerberg Pichai, The battle over big tech


The CEOs of Google, Facebook, and Twitter are about to appear before Congress in a misinformation hearing. Here's why the execs are testifying.

Left to right: Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey, and Google CEO Sundar Pichai. Andrew Harnik/Rolf Vennenbernd/picture alliance/Pool via REUTERS The CEOs of Facebook, Google, and Twitter will testify in front of Congress on Thursday at noon ET. The joint hearing was scheduled to discuss how misinformation spreads on these online platforms. Tech firms have faced pressure throughout the pandemic, the 2020 election, and the Capitol siege. See more stories on Insider's ...
Tags: Google, Facebook, Mark Zuckerberg, Twitter, Politics, News, Congress, Senate, Trends, Tech, Joe Biden, Hearing, Jack Dorsey, Donald Trump, Dorsey, Zuckerberg


Gillmor Gang: Grifters Paradise

The other day, I attended a celebration of one of the pioneers of collaboration technology, Ray Ozzie. The father of Lotus Notes, Ozzie left Lotus and his startup firm Iris after a hostile takeover by IBM, and eventually joined Microsoft when that company acquired his next startup, Groove. By “attended” I mean a virtual event put on by the Computer History Museum in Silicon Valley. Ray’s peers and partners gathered in a Zoom chat, with a tour of Ray’s early days including amazing hardware lik...
Tags: Apple, TC, Facebook, Spotify, Video, London, Microsoft, Tech, Dave, Bill Gates, Ibm, Evans, Gillmor Gang, Andreessen Horowitz, Bill, Lotus


Here's how to watch the CEOs of Google, Facebook, and Twitter testify in Thursday's Congressional misinformation hearing

Facebook CEO Mark Zuckerberg appears before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Oct. 23, 2019. Andrew Harnik/AP The CEOs of Google, Facebook, and Twitter will testify before Congress on Thursday at noon ET. The hearing will be held virtually and can be watched via live stream on YouTube. It will address how false information around the pandemic and the election spreads online. See more stories on Insider's business page. The leaders of...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, Twitter, Politics, News, Congress, Washington, US, Trends, Capitol Hill, Republican, Jack Dorsey, Donald Trump, Pichai


Mark Zuckerberg and Sundar Pichai said they're open to Section 230 reform, but some of their proposed changes look a lot like the protections tech firms already have

The Asahi Shimbun via Getty Images The CEOs of Facebook, Google, and Twitter will testify before Congress on Thursday. In their planned testimonies, Zuckerberg and Pichai said they're open to regulation. Zuckerberg said firms still shouldn't be liable for content that slips through moderation systems. See more stories on Insider's business page. The CEOs of Facebook, Twitter, and Google will face Congress on Thursday, and the executives' planned testimonies include ways in...
Tags: Google, Facebook, Mark Zuckerberg, Twitter, Politics, News, Congress, US, Trends, Policy, Hearing, Biden, Jack Dorsey, Donald Trump, Sundar Pichai, Pichai


Mark Zuckerberg Suggests How To Tweak Tech's Liability Shield

Facebook CEO Mark Zuckerberg will tell lawmakers his plan for "thoughtful reform" of a key tech liability shield rests on requiring best practices for treating illegal content online. From a report: Tech giants are starting to embrace changes to the foundational law that shields platforms from liability from content users post as lawmakers from both parties threaten it. In written testimony ahead of the House hearing Thursday with Google, Twitter and Facebook CEOs, Zuckerberg suggested making Se...
Tags: Facebook, Mark Zuckerberg, Congress, Tech, House, Zuckerberg, Google Twitter


Zuckerberg faces Capitol attack grilling as Biden signals tougher line on big tech

The head of Facebook, and his Google and Twitter counterparts, could face a rough ride at the scene of the insurrectionists’ crimeMark Zuckerberg, the head of Facebook, could be in for a rough ride on Thursday when he testifies to Congress for the first time about the 6 January insurrection at the Capitol in Washington DC and amid growing questions over his platform’s role in fuelling the violence.The testimony will come after signs that the new administration of Joe Biden is preparing to take a...
Tags: Google, Facebook, Mark Zuckerberg, Twitter, Technology, Congress, Joe Biden, US news, Washington Dc, House Of Representatives, The far right, US Congress, Biden, Zuckerberg, Capitol, US Capitol breach


Facebook’s Clubhouse rival looks a lot like Clubhouse right now

Facebook is building a Clubhouse rival, The New York Times reported in February. But what that product will look like or how it will work have been questions that have remained unanswered. However, new screenshots of a Facebook audio product, still under development, show what appears to be a live audio broadcast experience that’s more of an extension of Facebook’s existing Messenger Rooms, rather than a standalone app experience. Facebook confirmed with TechCrunch the images are indeed examples...
Tags: Social, Facebook, Apps, Mark Zuckerberg, Messenger, Instagram, Audio, Social Media, Tech, Snapchat, New York Times, Clubhouse, Zuckerberg, Social Software, Facebook Android, Facebook Group



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