News1st (Colombo) : When it comes to market capitalization, Facebook was worth $629.6 billion on Wednesday (25 July) The company's worth on Thursday (26 July) was $506.2bn. In other words, Facebook stock lost $123.4 billion in value overnight. This performance isn’t due to yet another data misuse...

REUTERS - Facebook Inc has so far suspended around 200 apps in the first stage of its review into apps that had access to large quantities of user data, in a response to a scandal around political consultancy Cambridge Analytica. According to Facebook's vice president of the Product partnership, ...

CEO of Facebook, Mark Zuckerberg emerged unscathed from yesterday's (April 10) Senate committee hearing and according to foreign media, he did so in large part because most of the senators who asked him questions had no clue how Facebook worked. Facebook Chief Executive Mark Zuckerberg arrived on...

Facebook has announced that it will verify the identity of people running popular pages, as part of its continued efforts to stem fake news and propaganda. Facebook's Chief Executive Mark Zuckerberg said all “large” pages would be audited and any which do not clear the process would be prevented ...

Facebook has ended its week $58 billion lower in value after a Channel 4 report exposed a historic data breach. Facebook founder, Mark Zuckerberg apologised for the data breach which is said to have affected 50 million users. However, the apology did not stop investors from selling Facebook sh...