Facebook Inc. News

Disclosure Protections May Not Apply to Some Facebook App Records in Healey Probe

Facebook Inc. could be required to disclose some of its records identifying apps that allegedly misused customer data in a privacy investigation brought by state Attorney General Maura Healey. The Massachusetts Supreme Court found that some of Facebook’s app records …

New York Governor Cuomo Orders Probe into Facebook’s Advertising Platform

New York Governor Andrew Cuomo on Monday ordered the U.S. Department of Financial Services to investigate reports that state-regulated advertisers were using Facebook Inc’s advertising platform in a discriminatory manner. This is the second investigation that the state governor has …

New York Governor Orders Investigation Into Facebook’s Access to User Data

New York Governor Andrew Cuomo on Friday ordered two state agencies to investigate a media report that Facebook Inc may be accessing far more personal information than previously known from smartphone users, including health and other sensitive data. The directive …

Dallas Federal Court Cuts $500M Verdict in Facebook VR Lawsuit in Half

A federal court in Dallas on June 27 halved the $500 million verdict that a jury ordered Facebook Inc., its virtual reality unit Oculus, and others to pay ZeniMax Media Inc., a video game publisher that alleged Oculus stole its …

Facebook Co-Founder Leads Financing for Online Health Insurance Startup

Facebook Inc. co-founder Eduardo Saverin’s B Capital Group has led a new financing round for a Singapore-based online health insurance service that values the startup at $100 million. Singaporean government investment vehicle EDBI jointly led the $25 million round in …

Judge: Chicago Firm Can Sue Facebook over ‘Timeline’

Chicago-based social media company called Timelines Inc. can sue Facebook Inc. over allegations that it violated the smaller firm’s trademark on the word “timeline,” a federal judge ruled. Timelines launched a website called Timelines.com in 2009 that enables users to …

Insurance Agent Takes Stand on Gay Marriage in Supreme Court Case

Today David Kosar can be considered one of the nation’s most outspoken insurance agents on the issue of gay marriage. Kosar, owner of David Kosar Insurance Agency-American Family in Everett, Wash., has joined an amicus brief filed by 278 businesses, …