Facebook is pushing back against a media report saying that it provided extensive information about its users and their friends to third parties like phone makers.
The New York Times reported Sunday that Facebook struck data-sharing deals with at least 60 device makers, including Apple and Amazon, raising more concerns about what users give up when they use Facebook.
Facebook says it disagrees with reporting by the paper regarding software it rolled out 10 years ago that helped get Facebook on mobile devices like iPhones. Ime Archibong, vice president of product partnerships, said in blog post that Facebook has maintained tight control over the technology and that it is not aware of any abuse by the companies that it teamed with.
Shares slipped 1.6 percent before the opening bell Monday.
This article was written by cool news network.