Facebook is currently in hot water from both the FTC and 48 state attorneys general, who are arguing that the company broke antitrust law to establish a monopoly and take advantage of user data.
Multiple vulnerabilities would have allowed attackers to take over user accounts on the popular social media video site.
German's Federal Cartel Office said Facebook is a monopoly with over 95 percent of the social media market in Germany.
Facebook has identified coordinated attempts have been operating on its social media platform in an attempt to influence the United States' midterm elections this November.
That fine doesn't seem like much to a company like Facebook, but it's clear that the UK's Information Commissioner's Office is just getting started.
With declining subscription revenues and waning consumer interest, App.net's co-founders announced plans to completely shut down the platform on March 14.
Twitter announced plans to reduce its workforce by 9%, introduce many changes to its service, and increase its advertising revenues.
A new social network seems like so much noise, but the new "Hello" has serious backing: It's the brainchild of former Google veteran Orkut Buyukkokten and has received funding from Google itself.
Kudelski, a Swiss security firm, launched a new application for iOS and Android users called Privately, which is geared at helping users keep control of their digital content.
Facebook now lets you decide what happens to your Facebook account in the untimely event of your death.