Last week, the company said it is setting aside USD 3 billion to cover a possible fine from the Federal Trade Commission over privacy violations. They can, for instance, sit in on " Facebook Stories School," where they'll learn about "tips and tricks" for making the best of this disappearing video feature. "Zuckerberg said last week that Facebook's focus on private communications will be built out over the next five years or more. The model for this, he said, will be WhatsApp, a Facebook service that already offers end-to-end encrypted messaging — messages that can be opened by only the sender and the recipient and not by Facebook itself. Zuckerberg had also just testified before Congress about that and other privacy mishaps, but at F8 was already trying to put those troubles behind him.

Source: Economic Times April 30, 2019 16:18 UTC