EU seeks rivals' feedback on Facebook, WhatsApp deal


BRUSSELS - EU antitrust regulators are asking Facebook's rivals and telecoms operators whether the world No. 1 online social network's proposed $19 billion bid for mobile messaging startup WhatsApp will lead to price hikes and curb innovation.

Class action against Facebook attracts 60,000 users

VIENNA - An Austrian law student said his class action challenging Facebook for alleged privacy violations had gathered support from 60,000 users and passed its first legal review.

Tech, 21 Aug 2014

Facebook vice president of product management resigns

REUTERS - Samuel Lessin, Facebook Inc's vice president of product management, said he would be leaving the company.

Tech, 15 Aug 2014

Facebook to acquire Internet security company PrivateCore

SAN FRANCISCO - Facebook Inc said on Thursday it will to acquire a company that helps protect the computers and data centers that power Internet services.

Tech, 07 Aug 2014

Austrian data activist's suit against Facebook gets 25,000 plaintiffs

VIENNA - Data protection activists challenging Facebook in a Vienna court said on Wednesday they had closed the list of plaintiffs after 25,000 people joined a campaign alleging that the social media giant had violated users' privacy.

Tech, 06 Aug 2014

Thousands join Austrian student's class action against Facebook

VIENNA - More than 17,000 people have signed up to join an Austrian law student's class action against Facebook over the social media group's alleged violations of its users' privacy, the student said on Tuesday.

Top News, Tech, 05 Aug 2014

Facebook restores service after outage in many countries

SAN FRANCISCO - Facebook Inc said service to the world's largest online social network was fully restored on Friday, following a widespread outage that affected users in multiple countries.

Tech, Top News, 02 Aug 2014

Student starts global class action against Facebook

VIENNA - Austrian law student Max Schrems appealed to a billion Facebook users around the world on Friday to join a class-action lawsuit against Facebook's alleged violations of its users' privacy, stepping up a years-long data-protection campaign.

Tech, Top News 01 Aug 2014

Facebook mobile app to offer free, limited Internet in Zambia

SAN FRANCISCO - Facebook Inc is launching a mobile app that gives users in Zambia free access to a handful of online services on mobile phones, broadening an effort to boost Internet usage in underdeveloped countries.

Tech, 31 Jul 2014

Twitter's surge revives valuation debate

REUTERS - The surge in Twitter Inc's shares has revived debate about whether the stock warrants a valuation that is five times that of Facebook Inc, its biggest rival in social media.

Tech, 30 Jul 2014