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.
2018-06-06 09:39:00 Wednesday ET
Donald Trump and Kim Jong Un meet, talk, and shake hands in the historic peace summit between America and North Korea in Singapore. At the start of the bila
2017-12-03 08:37:00 Sunday ET
Sean Parker, Napster founder and a former investor in Facebook, has become a "conscientious objector" on Facebook. Parker says Facebook explo
2019-03-09 12:43:00 Saturday ET
Pinterest files a $12 billion IPO due in mid-2019. This tech unicorn allows users to pin-and-browse images through its social media app and website. Pintere
2017-04-19 17:37:00 Wednesday ET
Apple is now the world's biggest dividend payer with its $13 billion dividend payout and surpasses ExxonMobil's dividend payout record. Despite the
2019-11-06 12:29:00 Wednesday ET
Our fintech finbuzz analytic report shines fresh light on the fundamental prospects of U.S. tech titans Facebook, Apple, Microsoft, Google, and Amazon (F.A.
2019-06-03 11:31:00 Monday ET
The Sino-U.S. trade war may be the Thucydides trap or a clash of Caucasian and non-Caucasian civilizations. The proverbial Thucydides trap refers to the his