Facebook Profits Top $10B as Revenue Soars
Facebook doubled its profit in the second quarter thanks to a massive increase in advertising revenue, especially the average price of ads it delivers to its nearly 3 billion users.
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Facebook doubled its profit in the second quarter thanks to a massive increase in advertising revenue, especially the average price of ads it delivers to its nearly 3 billion users.
Facebook is asking that the new head of the Federal Trade Commission step away from decisions on whether to continue the agency's antitrust case against the social network giant.
Former President Donald Trump has filed suit against three of the country's biggest tech companies, claiming he and other conservatives have been wrongfully censored.
A Pennsylvania judge on Tuesday signed an arrest warrant charging a former Gettysburg College student and Bay Area resident with sexual assault, nearly eight years after a freshman went to police over a dorm room encounter and a year after she received an online message that said, "So I raped you."
A federal judge on Monday dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission and a coalition of state attorneys general, dealing a significant blow to attempts by regulators to rein in tech giants.
- Facebook is launching podcasts and live audio streams in the U.S. on Monday to keep users engaged on its platform and to compete with emerging rivals.
Facebook is giving its employees more flexibility to work outside the office — and Mark Zuckerberg is leading by example.
Facebook announced Friday that former President Donald Trump would be suspended from its platform until at least Jan. 7, 2023 -- two years from when he was initially suspended.
Facebook and Instagram are giving all users the option to hide public "likes" on their posts, potentially upending a core dynamic of the social media platforms.
A once-ambitious Facebook-backed digital currency project — formerly known as Libra, now called Diem — is shifting operations from Switzerland to the U.S. and said it plans to launch a cryptocurrency tied to the U.S. dollar later this year.
Facebook awarded $1.5 million to five projects that will help create low-cost housing in the Peninsula communities of East Palo Alto, Belle Haven and North Fair Oaks.
Facebook lost a legal battle Friday with Ireland's data privacy watchdog over a European Union privacy decision that could result in the social network being forced to stop transferring data to the U.S.
Police in San Leandro are alerting residents about a fake Facebook account purporting to be from the department
A bipartisan group of 44 attorneys general, including California Attorney General Rob Bonta, has written to Facebook CEO Mark Zuckerberg urging him to drop company plans for a version of Instagram for children under the age of 13.
Facebook's Oversight Board ruled Wednesday the social media platform was right in suspending former President Donald Trump's account in the wake of comments associated with January's Capitol insurrection but told the company it needs to reconsider a permanent ban.
Former President Donald Trump will find out this week whether he gets to return to Facebook.
Facebook's stock jumped Wednesday after the social media giant reported stronger-than-expected results for the first quarter thanks to soaring ad revenue.
A group of Wisconsin newspapers have filed a federal lawsuit claiming Google and Facebook's monopoly on digital advertising threatens the publications' existence and violates antitrust law.
Facebook representatives said the social media app is cranked up its rule enforcement ahead of the verdict in former Minneapolis Police Officer Derek Chauvin's murder trial in George Floyd's death.
Facebook's quasi-independent oversight board said Friday it will take longer than expected to decide on whether or not the suspension of former president Donald Trump should be upheld, because it needs more time to go through the deluge of public comments.
In just a matter of days, nearly all Californians will be eligible to get the COVID vaccine but getting an appointment may not be easy as the state expects a shortage in supply beginning next week.
A civil rights group filed a lawsuit against Facebook Thursday, saying CEO Mark Zuckerberg made "false and deceptive" statements to Congress when he said the social media site he founded removes hate speech and other rule-breaking materials.
Social media sites Facebook and Instagram went offline Thursday afternoon suddenly, without warning.
Personal account details of more than 500 million Facebook users from more than 100 countries have been found on a website for hackers.
The Supreme Court on Thursday sided with Facebook in a lawsuit over unwanted text notifications it sent, rejecting a claim that the messages violated the federal ban on robocalls.
