Facebook investigating public interest in subscription-based version of site

Facebook investigating public interest in subscription-based version of site

Facebook investigating public interest in subscription-based version of site

Wednesday's news release announcing the decision lists only Cambridge Analytica and SCL Elections, not the parent company.

Embattled psychographics firm Cambridge Analytica and its affiliated company SCL Elections announced on 2 May 2018 they will file for insolvency following scandal over its misuse of millions of Facebook users' data in relation to consequential elections. The company said it would carry out an investigation whether the company had, in fact, engaged in any wrongdoing with regard to information pulled from Facebook accounts.

"Social media users don't expect to have their information given to third party developers without their knowledge", Shapiro said on Thursday.

Facebook reps would probably protest that's an unfair conclusion, and to give the company its due, significant portions of this year's F8 did offer a look at what the company's doing to protect its users. "I'm leading a national investigation with my colleagues to ensure Pennsylvanians and Americans are protected from these kinds of unauthorized information sharing".

In March, Shapiro led a coalition of Attorneys General in sending a letter demanding answers from Facebook CEO Mark Zuckerberg about the company's business practices and privacy protections. Also, it was found that the firm had acquired data from millions upon millions of Facebook accounts via a seemingly harmless personality test app without getting consent.

Facebook has been conducting market research in recent weeks to determine whether an ad-free version would spur more people to join the social network, according to a report Friday.

On Tuesday, Mr Collins repeated a request for Facebook founder Mark Zuckerberg to appear before the committee, saying evidence provided by Facebook chief technology officer Mike Schroepfer last week "failed to answer fully" nearly 40 questions. Because of this, Facebook has started rolling out new features to get back trust among the users and curb the controversy. In its statement, the company said it was "vilified" by the media for its "legal" actions. While that may not be straightforward, the importance of holding companies accountable for protecting the privacy of their customers is clear, Sims said.

As authorities continue to investigate the use of the data of millions of people, here's a look at what the bankruptcy filings in the United Kingdom and USA mean for the probe.

"We certainly thought about lots of other forms of monetization including subscriptions, and we'll always continue to consider everything", said Chief Operating Officer Sheryl Sandberg, during the company's first-quarter earnings call.

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