Online media industry

FILE - This Jan. 4, 2010, file photo shows an historic marker on Wall Street in New York. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, March 27, 2018. (AP Photo/Mark Lennihan, File)
March 27, 2018 - 5:01 pm
A steep, late-afternoon sell-off in technology companies pulled U.S. stocks sharply lower Tuesday, knocking 344 points off the Dow Jones industrial average. The market slide erased modest gains from earlier in the day and much of a powerful rally from the day before. Banks also weighed on the...
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FILE - In this May 16, 2012, file photo, the Facebook logo is displayed on a mobile device in Philadelphia. The news that Facebook's Android app has been collecting call and text histories is yet another black eye for the social media giant. The social network acknowledged on Sunday, March 25, 2018, that it began uploading call and text logs from phones running Google's Android system in 2015 - first via its Messenger app and later through an option in Facebook Lite, a stripped-down version of its main app. (AP Photo/Matt Rourke, File)
March 27, 2018 - 10:32 am
The news that Facebook's Android app has been collecting call and text histories is yet another black eye for the social media giant. But just why was Facebook able to siphon off records of who its users were contacting — and when — in the first place? The short answer: Because Google let it. The...
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FILE - In this May 16, 2012, file photo, the Facebook logo is displayed on a mobile device in Philadelphia. The news that Facebook's Android app has been collecting call and text histories is yet another black eye for the social media giant. The social network acknowledged on Sunday, March 25, 2018, that it began uploading call and text logs from phones running Google's Android system in 2015 - first via its Messenger app and later through an option in Facebook Lite, a stripped-down version of its main app. (AP Photo/Matt Rourke, File)
March 27, 2018 - 5:14 am
The news that Facebook's Android app has been collecting call and text histories is yet another black eye for the social media giant. But just why was Facebook able to siphon off records of who its users were contacting — and when — in the first place? The short answer: Because Google let it. The...
Read More
FILE - In this May 16, 2012, file photo, the Facebook logo is displayed on a mobile device in Philadelphia. The news that Facebook's Android app has been collecting call and text histories is yet another black eye for the social media giant. The social network acknowledged on Sunday, March 25, 2018, that it began uploading call and text logs from phones running Google's Android system in 2015 - first via its Messenger app and later through an option in Facebook Lite, a stripped-down version of its main app. (AP Photo/Matt Rourke, File)
March 27, 2018 - 3:14 am
The news that Facebook's Android app has been collecting call and text histories is yet another black eye for the social media giant. But just why was Facebook able to siphon off records of who its users were contacting — and when — in the first place? The short answer: Because Google let it. The...
Read More
Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Monday, March 26, 2018. U.S. stocks rose sharply in early trading Monday as the market made up some of its huge losses from last week. (AP Photo/Richard Drew)
March 26, 2018 - 3:48 pm
U.S. stocks climbed sharply higher in late-afternoon trading Monday, giving the Dow Jones industrial average a gain of more than 650 points and erasing some of the market's huge losses last week. Banks also notched solid gains, benefiting from a pickup in bond yields. The rally was broad, lifting...
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Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Monday, March 26, 2018. U.S. stocks rose sharply in early trading Monday as the market made up some of its huge losses from last week. (AP Photo/Richard Drew)
March 26, 2018 - 11:31 am
U.S. stocks moved broadly higher in morning trading Monday despite losing some momentum after a strong rally earlier in the day. Technology and financial stocks, which took some of the biggest losses last week, accounted for much of the market's gains. Investors drew encouragement from signs that...
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Chief Executive of Cambridge Analytica (CA) Alexander Nix, leaves the offices in central London, Tuesday March 20, 2018. Cambridge Analytica, has been accused of improperly using information from more than 50 million Facebook accounts. It denies wrongdoing. (Dominic Lipinski/PA via AP)
March 22, 2018 - 1:58 pm
NEW YORK (AP) — The Latest on reports that millions of Facebook users' data was used to target political ads (all times local): 1:55 p.m. Two Facebook employees co-authored a 2015 study with embattled Cambridge researcher Aleksandr Kogan that used anonymized data that tallied 57 billion friendships...
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The offices of Cambridge Analytica (CA) in central London, after it was announced that Britain's information commissioner Elizabeth Denham is pursuing a warrant to search Cambridge Analytica's computer servers, Tuesday March 20, 2018. Denham said Tuesday that she is using all her legal powers to investigate Facebook and political campaign consultants Cambridge Analytica over the alleged misuse of millions of people's data. Cambridge Analytica said it is committed to helping the U.K. investigation. (Kirsty O'Connor/PA via AP)
March 22, 2018 - 6:45 am
NEW YORK (AP) — The Latest on reports that millions of Facebook users' data was used to target political ads (all times local): 6:45 a.m. Germany's justice minister says she is calling in Facebook's European leadership to explain the scandal involving data mining firm Cambridge Analytica and detail...
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The offices of Cambridge Analytica (CA) in central London, after it was announced that Britain's information commissioner Elizabeth Denham is pursuing a warrant to search Cambridge Analytica's computer servers, Tuesday March 20, 2018. Denham said Tuesday that she is using all her legal powers to investigate Facebook and political campaign consultants Cambridge Analytica over the alleged misuse of millions of people's data. Cambridge Analytica said it is committed to helping the U.K. investigation. (Kirsty O'Connor/PA via AP)
March 21, 2018 - 9:58 pm
NEW YORK (AP) — The Latest on the alleged use of Facebook data to influence the U.S. presidential election (all times local): 9:55 p.m. Facebook CEO Mark Zuckerberg says he is willing to testify before Congress to answer questions about the privacy scandal engulfing his company. But he suggested...
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FILE - This Feb. 19, 2014, file photo, shows a Facebook app icon on a smartphone in New York. South Korea’s telecoms regulator says it is fining Facebook for illegally limiting user access to its services. The Korea Communications Commission said Wednesday that Facebook should pay 396 million won ($369,400) as a penalty for alleged violations of the communications law from late 2016-2017, following reports it had interfered with some local users’ access to Facebook and Instagram. (AP Photo/Patrick Sison, File)
March 21, 2018 - 6:28 am
SEOUL, South Korea (AP) — South Korea's telecoms regulator has fined Facebook for illegally limiting user access to its services from late 2016 to 2017. The Korea Communications Commission said Wednesday that Facebook should pay 396 million won ($369,400) as a penalty for violating a law against...
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