The Password Protection Act of 2012 — which was introduced in both the Senate and House of Representatives last May, but not acted upon and sent to committee — was the subject of an amendment at the House Labor Committee that would make an exception to the prohibition of employers requesting the Facebook passwords of employees or applicants in the event of company investigations.
A 22-year old Pittsburgh man has taken a hostage in a high-rise building and is using Facebook to explain why. UPDATE: AP reports that the suspect has surrendered to police.
Not long after Germany reopened its investigation into Facebook’s facial-recognition technology, a German consumer group sent the social network a cease-and-desist letter. The Federation of German Consumer Organizations is ordering Facebook to quit giving third-party applications users’ data without their consent. If the social network doesn’t do this by Sept. 4, the Germans plan to sue.
On the cusp of decision time, when many fund managers and investors will have to decide whether or not to partake in Facebook shares during its initial public offering (orders will reportedly cease at the end of today), a poll conducted by CNBC in conjunction with The Associated Press reveals surprising findings that may dissuade some investors.