2018-03-17 09:35:00 Sat ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
Facebook faces a major data breach by Cambridge Analytica that has harvested private information from more than 50 million Facebook users. In a Facebook post, Mark Zuckerberg outlines the next steps that the company would take to enhance the artificial-intelligence-driven user data and privacy protection.
Zuckerberg reiterates that he is sorry for Facebook's involvement in the Cambridge Analytica data breach of trust. Zuckerberg further concedes that Facebook would be open to key government regulation. Prior precedence suggests some plausible regulatory actions against Facebook. First, Facebook would be viewed as a social media publisher that must be subject to telecommunication rules for online content circulation. Second, Facebook might have to break up its core franchises such as social media posts, digital advertisements, games, data solutions, and online user connections etc. In recent times, both American and European regulators demand Facebook CEO Mark Zuckerberg and his delegate to testify before Congress. The unforeseen events may adversely affect Facebook's primary performance metrics from active member usage to average revenue per unit (ARPU). Also, Facebook ads would become less effective with higher average costs, and small-to-medium business enterprises may suffer as a result. Due to this fundamental recalibration, Facebook's share price performance may exhibit negative volatile fluctuations in the next few months.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-05-05 10:46:10 Sunday ET
This video collection shows the major features of our AYA fintech network platform for stock market investors: (1) AYA stock market content curation;&nbs
2018-01-07 09:33:00 Sunday ET
Zuckerberg announces his major changes in Facebook's newsfeed algorithm and user authentication. Facebook now has to change the newsfeed filter to prior
2018-08-29 10:37:00 Wednesday ET
In an exclusive interview with Bloomberg, President Trump criticizes the World Trade Organization (WTO), proposes indexing capital gains taxes to inflation
2017-08-31 09:36:00 Thursday ET
The Trump administration has initiated a new investigation into China's abuse of American intellectual property under Section 301 of the Trade Act of 19
2019-01-15 13:35:00 Tuesday ET
Americans continue to keep their financial New Year resolutions. First, Americans should save more money. Everyone needs a budget to ensure that key paychec
2022-11-30 09:26:00 Wednesday ET
Climate change and ESG woke capitalism In recent times, the Biden administration has signed into law a $375 billion program to better balance the economi