Erin Egan, Vice President of U.S. Public Policy and Chief Privacy Officer at Facebook, discusses ways users can protect their data on the social network.
We press Egan on whether Facebook urging users to "take control of the ads you see" stems from Russian ads featured on the platform during the 2016 election. Egan notes that Facebook wants people to be in control of their experience and for them to enjoy spending time on the platform. She tells us she has conversations with her kids about doing regular privacy check-ups and urges other parents to do the same.
Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology.
Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash.
Even after inflation has steadily eased this year, the Federal Reserve's policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday.