A class-action lawsuit had accused the social media network of allowing third parties, including Cambridge Analytica, to access users' private data.
The firm is closely linked to the CIA and Israel, while standing accused of multiple counts of human rights violations.
As politics lurches to the right, with populists dominating the political landscape throughout Europe and beyond, it is more vital than ever before to affect real change and we can only do that together.
Attorneys general from 48 US states along with Puerto Rico and the District of Columbia are investigating whether Google's huge online search and advertising business is engaging in monopolistic behavior.
US regulators have approved a $5 billion penalty to be levied on Facebook to settle a probe into the social network's privacy and data protection lapses, the Wall Street Journal reported.
Facebook said it may have "unintentionally uploaded" email contacts of up to 1.5 million new users since May 2016, adding that the "contacts were not shared with anyone and we are deleting them."
The one-time charge slashed Facebook's first-quarter net income considerably, although revenue grew by 25 percent in the period. The FTC has been looking into whether Facebook broke its own 2011 agreement promising to protect user privacy.
Facebook is restricting who can run foreign political ads around the world after abuse of its social media platform around the world, in a bid to reduce election tampering and increase accountability.
This year was filled with stories that gripped the world. Here are our picks for the 13 most significant.
Investors are concerned about snowballing legal and regulatory efforts over data use polices that have upset many customers and could carry significant penalties and costs.
Lawmakers leading the probe into the Cambridge Analytica data scandal seize confidential documents believed to include data about Facebook's privacy controls.
Kirsten Fontenrose, the official in charge of US policy towards Saudi Arabia resigned on Friday. US media says the circumstances of her resignation are unclear, but she may have clashed with her superiors over what to do about Khashoggi’s killers.
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