Conference workers speak in front of a demo booth at Facebook's annual F8 developer conference in April 2017. Photo: AP

Canada threatens Facebook with lawsuit over ‘serious breaches’ of privacy law

  • Authorities seek court order to force company to implement new privacy measures
  • Regulators point to ‘superficial’ protections for user data and failure to keep close watch over third-party apps that accessed the information
Topic |   Facebook

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Conference workers speak in front of a demo booth at Facebook's annual F8 developer conference in April 2017. Photo: AP
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Facebook Chief Executive Mark Zuckerberg. Photo: Handout

Facebook beats profit estimates and shares surge, as it sets aside US$3 billion for US privacy penalty

  • Shares of the world’s biggest online social network jumped more than 10 per cent to US$200.50 in after-hours trade
Topic |   Facebook

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Facebook Chief Executive Mark Zuckerberg. Photo: Handout
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