Facebook loses $120 billion in market cap after awful Q2 earnings – TechCrunch

Comments Off on Facebook loses $120 billion in market cap after awful Q2 earnings – TechCrunch

Facebook’s share price fell more than 20 percent in after-hours trading today after the company announced its slowest-ever user growth rate and a scary warning that its revenue growth would rapidly decelerate. Before today’s brutal Q2 earnings, Facebook’s share price closed today at $217.50 — a record high — but fell to around $172 after
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Facebook mistakenly leaked developer analytics reports to testers – TechCrunch

Comments Off on Facebook mistakenly leaked developer analytics reports to testers – TechCrunch

Set the “days without a Facebook privacy problem” counter to zero. This week, an alarmed developer contacted TechCrunch, informing us that their Facebook App Analytics weekly summary email had been delivered to someone outside their company. It contains sensitive business information, including weekly average users, page views and new users. Forty-three hours after we contacted
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Facebook demands advertisers have consent for email/phone targeting – TechCrunch

Comments Off on Facebook demands advertisers have consent for email/phone targeting – TechCrunch

Facebook is hoping to avoid another privacy scandal by adding new accountability and transparency requirements for businesses that use its Custom Audiences too to target you with ads based on your email address or phone number. Starting July 2nd, advertisers will have to declare whether contact info uploaded for ad targeting was collected with proper
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Facebook alerts 14M to privacy bug that changed status composer to public – TechCrunch

Comments Off on Facebook alerts 14M to privacy bug that changed status composer to public – TechCrunch

Facebook has another privacy screw-up on its hands. A bug in May accidentally changed the suggested privacy setting for status updates to public from whatever users had set it to last, potentially causing them to post sensitive friends-only content to the whole world. Facebook is now notifying 14 million people around the world who were
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Facebook retracted Zuckerberg’s messages from recipients’ inboxes – TechCrunch

Comments Off on Facebook retracted Zuckerberg’s messages from recipients’ inboxes – TechCrunch

You can’t remove Facebook messages from the inboxes of people you sent them to, but Facebook did that for Mark Zuckerberg and other executives. Three sources confirm to TechCrunch that old Facebook messages they received from Zuckerberg have disappeared from their Facebook inboxes, while their own replies to him conspicuously remain. An email receipt of
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Instagram suddenly chokes off developers as Facebook chases privacy – TechCrunch

Comments Off on Instagram suddenly chokes off developers as Facebook chases privacy – TechCrunch

Without warning, Instagram has broken many of the unofficial apps built on its platform. This weekend it surprised developers with a massive reduction in how much data they can pull from the Instagram API, shrinking the API limit from 5,000 to 200 calls per user per hour. Apps that help people figure out if their
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