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The number one reason for users to quit Facebook was privacy concerns (48%), being followed by a general dissatisfaction with Facebook (14%), negative aspects regarding Facebook friends (13%), and the feeling of getting addicted to Facebook (6%). Facebook quitters were found to be more concerned about privacy, more addicted to the Internet, and ...
In the 2010s, personal data belonging to millions of Facebook users was collected without their consent by British consulting firm Cambridge Analytica, predominantly to be used for political advertising. [1] [a] The data was collected through an app called "This Is Your Digital Life", developed by data scientist Aleksandr Kogan and his company ...
CNBC reported that the outage was the worst experienced by Facebook since 2008. During the day of the outage, shares in the company dropped by nearly 5% and Facebook CEO Mark Zuckerberg's wealth fell by more than $6 billion. According to a report produced by Fortune and Snopes, Facebook lost at least $60 million in advertising revenue.
The blocking of news links has led to profound and disturbing changes in the way Canadian Facebook users engage with information about politics, two unpublished studies shared with Reuters found ...
Facebook has internally prototyped a tabbed version of the News Feed for mobile that includes the standard Most Relevant feed, the existing Most Recent feed of reverse chronological posts that was ...
The technology company Facebook, Inc., [a] held its initial public offering (IPO) on Friday, May 18, 2012. [1] The IPO was one of the biggest in technology and Internet history, with a peak market capitalization of over $104 billion.
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The use of Facebook can have negative psychological and physiological effects [8] that include feelings of sexual jealousy, [9] [10] stress, [11] [12] lack of attention, [13] and social media addiction that in some cases is comparable to drug addiction. [14] [15] Facebook's operations have also received coverage.