msoftnews

Tweet Facebook has reportedly told the U.S. Federal Trade Commission that it is open to granting the agency broader control over its privacy practices in exchange for ending the federal probe on the firm. Read more… Neowin

Tweet Having found that the vast majority of its customers and suppliers had been driven away given the recent scandal involving data sourced from Facebook, Cambridge Analytica will soon close down. Read more… Neowin

Tweet The Cupertino-based tech giant is coming under increasing scrutiny as four more U.S. lawmakers have now sent letters to the company seeking more information on its admitting to slowing older phones. Read more… Neowin

Tweet European competition chief Joaquin Almunia has reiterated his wish that his department examine Telefonica’s proposed takeover of KPN’s E-Plus, which would create Germany’s largest network by subscriber count. Almunia said a week ago that he doesn’t want to leave the case in the hands of the German national regulator due to Telefonica and KPN’s size and importance at the EU level. On Friday, he added that the Commission would…

Tweet Authorities in the U.S. have already been looking into Hewlett-Packard’s allegations that Autonomy – the 2011 purchase of which led to $ 5 billion worth of write-down for HP last year – had misrepresented its financial metrics ahead of the sale. Now the UK’s Financial Reporting Council (FRC) is doing the same. The FRC announced its investigation in a statement on Monday, in which it said it was examining…