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.
2023-10-21 11:32:00 Saturday ET

Walter Scheidel indicates that persistent European fragmentation after the collapse of the Roman Empire leads to modern economic growth and development.
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.
2018-05-21 07:39:00 Monday ET

Dodd-Frank rollback raises the asset threshold for systemically important financial institutions (SIFIs) from $50 billion to $250 billion. This legislative
2019-03-19 12:35:00 Tuesday ET

U.S. tech titans increasingly hire PhD economists to help solve business problems. These key tech titans include Facebook, Amazon, Microsoft, Google, Apple,
2018-12-18 10:38:00 Tuesday ET

President Trump threatens to shut down the U.S. government in 2019 if Democrats refuse to help approve $5 billion public finance for the southern border wal
2018-03-23 08:26:00 Friday ET

Personal finance and investment author Thomas Corley studies and shares the rich habits of self-made millionaires. Corley has spent 5 years studying the dai