Facebook

Facebook bug exposed photos for up to 6.8 million users

Mark Zuckerberg testifies
Facebook CEO Mark Zuckerberg. Photo: Zach Gibson/Getty Images

A Facebook bug in late September allowed outside apps to access photos they weren't supposed to, including some that users uploaded but hadn't posted. Facebook said on Friday.

Why it matters: Facebook is already facing skeptical users and regulators who believe it doesn't respect user privacy.

Facebook looks for new income as display ads stagnate

Illustration: Lazaro Gamio/Axios

Three different recent moves by Facebook suggest the company is looking to aggressively expand its business beyond selling mostly display ads — the visual ads that appear in between "Stories" or as sponsored posts on Facebook and Instagram.

Why it matters: Executives have been warning investors for months that these ads are nearing a growth ceiling on its main app. And analysts say engagement on Facebook's main app (where it sells most of these ads) is declining, which puts even more pressure on the tech giant to quickly find new sources of revenue.

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