Facebook privacy fail brings apology from Zuckerberg

Facebook Privacy - Zuckerberg Appologies - Facebook scandal

Mark Zuckerberg spoke before a House oversight panel on Wednesday, seeing regulation as “inevitable.” Mark Zuckerberg spoke to a House oversight panel on the subject of Facebook privacy. He stated that he saw regulation of the social media industry as “inevitable.” He also revealed that his own data was among the personal information sold to malicious third parties through Facebook’s previous privacy loopholes. Zuckerberg spoke as a part of his testimony to the House Energy and Commerce Committee. “The internet is growing in importance around the world in people’s lives…

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Mobile payments may be coming to Facebook Messenger

Facebook mobile payments

Computer science student stumbles upon a hidden feature in Facebook Messenger Mobile payments support  may be coming to Facebook Messenger. Andrew Aude, a computer science student at Stanford University, has used an iOS application exploration developer tool called Cycript to uncover a feature in the popular messaging app. The app seems to have the ability to facilitate friend-to-friend payments, which would allow it to serve as a mobile commerce platform for Facebook. The social networking company has been interested in mobile commerce for some time, but has only recently begun…

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Has Facebook reached the end of its hyper-growth or has it just begun – IPO reveals vision for the future

President Obama and Mark Zuckerberg

Facebook has filed its IPO to sell its shares on the open market (under the ticker symbol “FB”) and has revealed some hints regarding its intentions for its future in mobile and online payments, and has unveiled some of the information that has previously been carefully guarded regarding the pay received by its executives. American regulations require businesses to share this type of information regarding their internal operations, when they go public. The filing was a massive 200 pages long and a significant amount of it was dedicated to the…

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Randi Zuckerberg leaves Facebook

Randi Zuckerberg Facebook

Randi Zuckerberg, the sister of Facebook’s creator, Mark Zuckerberg, has quit her job as marketing director for the social networking platform in order to begin her own social media venture. It has yet to be determined what kind of impact her resignation will have on Facebook now that Google+, a growing competitor for Facebook, has been launched. Randi Zuckerberg’s intentions are to grow her new organization, RtoZ media, which will work alongside other media firms in order to develop programming that will assist in the creation of platforms that will…

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