Facebook’s UK tax bill rises to £15.8m – but it is still just 1% of sales | Technology

Facebook paid £15.8m in tax in the UK last year after making a profit of £62.7m on record British sales of £1.27bn. The social media giant’s accounts show that while Facebook increased its UK income by more than 50% in 2017, its pre-tax profits remained similar to 2016. Accounts filed at Companies House show that …

Huge Facebook breach leaves thousands of other apps vulnerable | Technology

Remember the Facebook hack last week that compromised at least 50m accounts? It’s worse than you think. Last Friday, the social media company revealed a vulnerability that allowed attackers to steal automated log-in credentials (or “tokens”). The tokens make it easier for people to log into popular apps and services like Spotify, Pinterest, or Yelp. …

Facebook says 50m user accounts affected by security breach | Technology

Nearly 50m Facebook accounts were compromised by an attack that gave hackers the ability to take over users’ accounts, Facebook revealed on Friday. The breach was discovered by Facebook engineers on Tuesday 25 September, the company said, and patched on Thursday. Users whose accounts were affected will be notified by Facebook. Those users will be …

Twitter’s Jack Dorsey faces more questions as Google snubs Congress – live | Technology

2.32pm EDT14:32 Michael Burgess of Texas mentions the utility of Twitter as a real time news source, but says he is concerned about issues like a doctored photo of Meghan McCain that circulated over the weekend. Dorsey: That was unacceptable. We don’t want to use our scale as an excuse here. We can’t place the …

Facebook struggling to end hate speech in Myanmar, investigation finds | Technology

Facebook’s efforts to crack down on hate speech in Myanmar, which has contributed to violent attacks against the minority Muslim population, have been inadequate, according to a Reuters investigation. The social media company has faced warnings from human rights groups and researchers that its platform was being used to spread misinformation and promote hatred of …

Facebook glitch shared 14 million users’ private posts publicly | Technology

Facebook said Thursday that it would notify 14 million users that posts they intended to share privately may have been published publicly, the company’s latest setback as it tries to rebuild user trust after the Cambridge Analytica scandal. The issue arose from a bug affecting Facebook’s “audience selector” tool, which allows users to decide whether …