Year: 2018

Technology

U.S. House panel formally asks Facebook CEO to testify on user data

Reuters News March 23, 2018 1

WASHINGTON (Reuters) - The leaders of the U.S. House Energy and Commerce Committee on Friday wrote Facebook Inc chief executive Mark Zuckerberg detailing new concerns about the social media company's use of data and formally requesting that he testify at a future hearing.

Technology

Ireland chooses investment firms to manage Apple cash

Reuters News March 23, 2018 0

DUBLIN (Reuters) - Ireland on Friday chose Amundi , BlackRock Investment Management , and Goldman Sachs Asset Management to manage up to 15 billion euros ($18.5 billion) in disputed taxes Brussels has ordered it to collect from Apple.

Technology

Facebook apology does little to satisfy lawmakers, Wall Street

Reuters News March 22, 2018 0

WASHINGTON/LONDON (Reuters) - Facebook Inc came under further pressure from lawmakers, investors, advertisers and users on Thursday, the day after Chief Executive Mark Zuckerberg admitted the social media network made mistakes in letting 50 million users' data get into the hands of political consultancy Cambridge Analytica.

Technology

Investors, lawmakers, advertisers pressure Facebook over data

Reuters News March 22, 2018 0

WASHINGTON/LONDON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg's apology for how his company handled 50 million users' data did little on Thursday to ease investor worries about the cost to fix mistakes and lawmakers' dismay that his response did not go far enough.