Zuckerberg denies that Facebook prioritizes profits over user safety

Mark Zuckerberg, chief executive officer and founder of Facebook Inc., speaks during a House Energy and Commerce Committee hearing in Washington, D.C., U.S., on Wednesday, April 11, 2018. Andrew Harrer | Bloomberg | Getty Images Facebook CEO Mark Zuckerberg on Tuesday finally addressed the series of claims made by whistleblower Frances Haugen, denying that the […]

Congress demands Mark Zuckerberg answer questions at Haugen hearing

With an image of himself on a screen in the background, Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC. Chip Somodevilla | Getty Images As senators absorbed Tuesday’s testimony from the Facebook whistleblower, who leaked […]

Monzo withdraws U.S. banking license application after talks with OCC

A Monzo debit card being used at a payment terminal. Monzo LONDON — British financial technology firm Monzo has withdrawn its application for a U.S. banking license following discussions with regulators at the Office of the Comptroller of the Currency. The London-headquartered mobile banking app said it “isn’t the outcome” it initially set out to […]

Facebook whistleblower reveals identity ahead of ’60 Minutes” interview

A Facebook whistleblower who brought internal documents detailing the company’s research to The Wall Street Journal and the U.S. Congress unmasked herself ahead of an interview she gave to “60 Minutes,” which aired Sunday night. Frances Haugen, a former product manager on Facebook’s civic misinformation team, according to her website, revealed herself as the source […]

Ozy Media CEO Brian Watson says his scandal-ridden company will reopen

The CEO of scandal-ridden Ozy Media, Carlos Watson, on Monday tried to explain away the various transgressions that led to his company’s demise last week while pledging to revive the media company despite the flight of investors and advertisers. It’s another dramatic twist in Ozy Media’s sudden downfall. Watson had informed employees Friday that the […]