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As part of the settlement, the Menlo Park, California-based company will agree to create a board committee on privacy and will agree to new executive certifications on user privacy, the people said.

For U.S.-based firms, costs associated with data breaches are significantly higher.

Boeing, Facebook and Tesla are among the firms poised to release financial results through June.

Stories moving the markets and shaking up the world.

Successful innovation is disruptive – and the U.S. is the global frontrunner of innovation.

NSO Group's Pegasus was reportedly used to penetrate Facebook's WhatsApp messaging service.

In the second fundraising quarter, Warren -- a fierce consumer advocate -- pulled in about $102,000 from big tech companies.

Mnuchin's comments come after two days of bruising hearings on Capitol Hill.

Stories moving the markets and shaking up the world.

Still in its infancy, Libra is getting lambasted.

Presidential hopeful Pete Buttigieg will reportedly be attending a fundraiser hosted by Netflix CEO and co-founder Reed Hastings. 

California Rep. Brad Sherman thinks Facebook’s new cryptocurrency could be dangerous to Americans — even more so than Osama Bin Laden carrying out the 9/11 terror attacks.

It's a real possibility that Congress could seek to halt the offering.

Stories moving the markets and shaking up the world.

Lawmakers warned that it's not just Facebook that is under scrutiny.