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Facebook said it expected to face 'significant ad targeting headwinds in 2021'

Facebook's fourth quarter results beat expectations

Facebook soundly beat quarterly revenue estimates last night after heavy Christmas advertising by e-commerce retailers, but it warned Apple's impending privacy changes could hurt revenue by interfering with ad targeting.

Business • 28 Jan 21

Shares of the world's biggest social network jumped 7% in extended trading on Wall Street

Facebook smashes revenue estimates amid Covid-19

Facebook beat analysts' estimates for quarterly revenue, as businesses used its digital advertising tools to tap a surge in online traffic during the coronavirus pandemic even as they slashed marketing budgets elsewhere.

Business • 30 Jul 20

Jeff Bezos' wealth grew over 30% to $147.6 billion in the two months since Covid-19 hit

Facebook, Amazon chiefs see wealth balloon amid Covid

The fortunes of US billionaires rose 15% in the two months since the coronavirus pandemic hit, a study found, with Amazon boss Jeff Bezos and Facebook chief Mark Zuckerberg seeing massive gains.

Business • 22 May 20

Facebook CEO Mark Zuckerberg has cautioned against a rush to end lockdowns

Facebook sees 'signs of stability' in ad spending

Facebook last night beat analysts' estimates for quarterly revenue and said it has seen "signs of stability" for sales in April after a plunge in March.

Business • 30 Apr 20

Facebook founder and CEO Mark Zuckerberg

Facebook's Zuckerberg visits Brussels in lobbying push

Facebook head Mark Zuckerberg was expected in Brussels today to lobby top European officials who have become the world's toughest enforcers on regulating big tech.

Business • 17 Feb 20

Facebook last night reported its slowest-ever revenue growth for the fourth quarter, at 25%

Facebook warns revenue growth slowing

Facebook last night said that growth would continue to slow as its business matured and it reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of improving privacy would level off.

Business • 30 Jan 20

The new policy changes will take effect ahead of the UK general election and globally in early January

Google tightens political ads policy to thwart abuse

Google has updated how it handles political ads as online platforms remain under pressure to avoid being used to spread misleading information intended to influence voters.

World • 21 Nov 19

Mark Zuckerberg stands by decision to allow political ads on Facebook

Zuckerberg defends Facebook decision on political ads

Facebook chief executive Mark Zuckerberg has stood by his company's decision to run political adverts after Twitter announced it would ban them.

World • 31 Oct 19

Facebook said its profit topped $6 billion on revenue that climbed 28% to $17.4 billion in the quarter to the end of September

Facebook profit climbs along with its user base

Facebook last night said that its quarterly profit grew along with its user base as it grapples with concerns ranging from political ads to cryptocurrency.

Business • 31 Oct 19

The fine may be small for a company worth $540 billion, but it is the maximum the UK's Information Commissioner's Office could issue

Facebook to pay UK fine over Cambridge Analytica case

Facebook has agreed to pay a £500,000 fine for breaches of data protection law related to the harvesting of data by consultancy Cambridge Analytica, Britain's information rights regulator said today.

Business • 30 Oct 19

Taoiseach Leo Varadkar said that plans for an Online Safety Commissioner are at an advanced stage

Measures needed to ensure online safety - Taoiseach

Taoiseach Leo Varadkar has said that IT skills will be the currency of the future, but measures must be taken to ensure safety online.

Ireland • 20 Sep 19

Facebook's profit in the second quarter fell 49% from a year ago to $2.6 billion while revenues increased 28% to $16.9 billion

Legal woes dent Facebook profit but revenue grows

Facebook last night said its quarterly profit plummeted due to the cost of a US privacy settlement and forecast that regulation would slow its money-making ad machine.

Business • 25 Jul 19

Facebook has agreed to exercise greater oversight over third-party apps

Facebook to pay record $5 billion US fine

Facebook will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the US Federal Trade Commission said today.

Business • 24 Jul 19

Mark Zuckerberg said Facebook is considering developing a specific policy on deepfakes

Delay over fake Pelosi video a 'mistake' - Zuckerberg

Facebook CEO Mark Zuckerberg has said his social media company took too long to flag as false an altered video of US House Speaker Nancy Pelosi that appeared to show the Democratic Representative slurring and tripping through a speech.

technology • 27 Jun 19

Chris Hughes: "The most problematic aspect of Facebook's power is Mark's unilateral control over speech"

Break up Facebook, says company's co-founder

One of the co-founders of Facebook has called for the social media behemoth to be broken up, warning that the company's head, Mark Zuckerberg, had become far too powerful.

Business • 10 May 19

Facebook CEO Mark Zuckerberg said the company is focused on building out its privacy-focused vision for the future of social networking

Facebook sets aside $3 billion for privacy penalty

Facebook said last night that its profit took a hit from setting aside billions of dollars for an anticipated fine from US regulators, in a quarterly report that sent shares higher.

Business • 25 Apr 19

Is Facebook really changing for the better?

Business Editor Will Goodbody looks at the issues facing Facebook after a week when its boss Mark Zuckerberg flew into Dublin to meet staff, TDs and the Irish media.

World • 06 Apr 19

Mark Zuckerberg said the social network is in an ongoing 'arms race'

Facebook in 'arms race' against malicious actors

Facebook Chief Executive Mark Zuckerberg has said he cannot give a guarantee that the company will be able to stop its platforms being used by malicious actors trying to influence the outcome of the European Elections.

technology • 02 Dec 19

Mark Zuckerberg said governments and regulators need "a more active role" in regulating social media and the internet

Zuckerberg to visit Facebook's Dublin offices

Facebook chief executive, Mark Zuckerberg, will visit Dublin tomorrow as part of a short trip to Europe.

Business • 01 Apr 19

Mark Zuckerberg argues that new regulations are needed in four areas: harmful content, protection of elections, privacy and data portability

Govts need 'more active' role in regulating internet

Facebook chief Mark Zuckerberg has called for governments to play a "more active role" in regulating the internet, urging more countries to adopt versions of sweeping European rules aimed at safeguarding user privacy.

World • 31 Mar 19

Facebook should be subject to a new regulator to protect democracy and citizens' rights, British politicans have said

Facebook broke rules, should be regulated - politicians

Facebook intentionally breached data privacy and competition law and should, along with other big tech companies, be subject to a new regulator to protect democracy and citizens' rights, British politicians have said.

Business • 18 Feb 19

Facebook has pledged to respond to concerns about manipulation and abuse, and to take data protection more seriously

Facebook hits record profit despite privacy challenges

Facebook has said its quarterly profit climbed to an all-time record $6.9bn as it boosted its global user base despite a series of data protection scandals that have dented the leading social network's image.

World • 31 Jan 19

Facebook CEO Mark Zuckerberg is said to be planning end-to-end encryption on the Whatsapp, Instagram and Facebook Messenger apps

Facebook is to integrate apps for easier communication

Facebook is planning to integrate parts of WhatsApp, Instagram and Messenger, as part of a huge technical operation across the social network's collection of messaging apps.

Business • 25 Jan 19

Macron will look at extending the trial project to other tech companies

Facebook allows French regulator to observe hate policy

Facebook will allow French regulators to "embed" inside the company to examine how it combats online hate speech.

World • 12 Nov 18

The proposal is asking Facebook's board to make the role of board chair an independent position

Proposal to remove Zuckerberg as Facebook chairman

Four public investment fund officials have joined a call to install an independent chairman at Facebook, saying the move would improve governance and accountability at the world's biggest social network.

Business • 17 Oct 18