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The French fine, although small in relation to Facebook's quarterly revenue of around $8bn, is the first significant action taken against a company transferring Europeans' data to the US following an EU court ruling last year that struck down an agreement that thousands of companies, including Facebook, had relied on to avoid cumbersome EU data transfer rules.
Once again in relation to Facebook Home, Pichai talked about the challenges of providing a universal experience to users.
The growth in transactions, particularly in relation to Facebook, is drawing SEC scrutiny, but SecondMarket will continue to expand as long as tech companies won't—or can't go public.
We've looked into this further, however, and it turns out this attack bore no relation to Facebook's outage on Thursday.
For those unfamiliar, Timekiwi allows users to create attractive timelines (no relation to Facebook's new Timeline feature) using posts from Twitter, Facebook, Instagram, Foursquare, Flickr, Tumblr and, of course, OverBlog.
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During today's session committee chair Damian Collins again made a direct appeal for Zuckerberg to testify, pausing the flow of questions momentarily to cite news reports suggesting the Facebook founder has agreed to fly to Brussels to testify before European Union lawmakers in relation to the Cambridge Analytica Facebook data misuse scandal.
On Saturday, Cambridge Analytica denied it had done anything wrong in relation to the handling of Facebook data.
"It is nothing new that young people care about style and status in relation to their peers, and Facebook is simply not cool anymore".
In relation to another legal matter, Facebook also added its intentions to dismiss Paul Ceglia's lawsuit.
"I am particularly encouraged in relation to the approach [Facebook] has decided to adopt on the tag suggest/facial recognition feature by in fact agreeing to go beyond our initial recommendations, in light of developments since then, in order to achieve best practice," he said in a statement.
"The NCA welcomes the announcement made by Facebook in relation to the default sharing setting for teens joining Facebook being changed to 'friends', instead of 'friends of friends'.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com