Maybe one day we will have a Facebook (FB) story that doesn’t involve the tech giant getting in trouble, but today is not that day. Last week, the UK’s antitrust watchdog Competition and Markets Authority (CMA) announced it will be launching an in-depth probe into Facebook’s recent $400m purchase of Giphy. The CMA is concerned that the merger between could squeeze out smaller digital content creators.
If pressure from British antitrust regulators wasn’t enough, a cybercrime intelligence firm called Hudson Rock has caught Facebook slippin’. It was discovered that personal data of more than half a billion Facebook users was made available for free on an online hacking forum. The database contained information such as phone numbers, Facebook IDs, full names, locations, birth dates, bios, and email addresses.
Common, Facebook, get your s#!t together!