Facebook has had a tumultuous year, to say the least. The social networking giant found itself mired in a series of controversies, including one involving the political consulting firm Cambridge Analytica. Under intense pressure, CEO Mark Zuckerberg testified at two Congressional hearings where he faced intense criticism over his company’s data privacy practices. Despite the unflattering attention, Facebook’s business continued to grow while its share price, which tumbled soon after the Cambridge Analytica scandal, recovered.
Looking for leads, investment insights, or competitive intelligence?
News about Facebook
Senators Chris Coons and Bob Corker warned Friday that Congress would impose new regulations to rein in Facebook.
“Why does our company suck at having a moral compass?” one Facebook employee asked.
This is your Data Sheet newsletter for Friday, November 16, 2018.
Claims against her surfaced in a bombshell New York Times investigation this week.