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Following a slew of controversies this year, Facebook's share price declined by more than 20 percent during after-hours trading.
Here’s what businesses and consumers should know about Facebook data privacy and social media data mining for their protection and gain.
Facebook said political consulting firm Cambridge Analytica accessed data on 87 million people—not 50 million as previously reported.
Australia’s privacy commissioner is going to investigate Facebook after data on thousands of Australians were among those misused by Cambridge Analytica.
Aleksandr Kogan's Global Science Research obtained access to random public tweets back in 2015.
Mozilla pauses advertising on Facebook following the recent controversy but may resume when the social network strengthens its default privacy settings.
The popular social networking website might lose investors upon learning that its shares are not as socially responsible as they thought it is.
Even with Mark Zuckerberg apologizing to the Congress, many Facebook users are still deleting their accounts because of the data leak.
With its recent involvement in Cambridge Analytica, Facebook is now swimming in boiling waters in clearing out issues regarding user information.
What tech giants like Facebook, Apple and Google have in common is their established groundwork for disseminating information.