Photograph: JOSH EDELSON/Getty Images

American tax authorities have accused Facebook of deliberately “downplaying” the value of its assets as part of a scheme to pay less US tax, in a cour(...)

The IRS argues that Facebook understated the value of the intellectual property it sold to an Irish subsidiary in 2010. Photograph: Loic Venance/AFP via Getty

Facebook is slated to begin a tax trial in a San Francisco court on Tuesday, as the Internal Revenue Service tries to convince a judge that the world’(...)

Facebook’s former chief product officer Chris Cox. Photograph: Stephen Lam/Reuters

Facebook’s chief product officer and one of its earliest employees, Chris Cox, said on Thursday he is leaving the company just days after chief execut(...)

Facebook CTO Mike Schroepfer. Photograph: Bloomberg

Facebook has developed a “much sharper and more pessimistic view” of all the bad things that can happen on the social network since the Cambridge Anal(...)

 Facebook founder and CEO Mark Zuckerberg: “It was my mistake, and I’m sorry. I started Facebook, I run it, and I’m responsible for what happens here”

Facebook has begun the process of alerting up to 45,000 Irish users who may have had their data improperly shared with Cambridge Analytica. From Mon(...)

Facebook chief operating officer Sheryl Sandberg speaking in France last year. More information is needed from the tech giant, said EU justice commissioner Vera Jourova. Photograph: Philippe Wojazer/Reuters

Facebook officials will be traveling - or at least making phone calls - to Europe to respond to concerns that the data of as many as 2.7 million peopl(...)

Facebook chief executive Mark Zuckerberg. Photograph: Stephen Lam/File Photo/Reuters

Up to 45,000 Irish Facebook users may have had their data improperly shared with consultancy Cambridge Analytica, the social media company confirmed. (...)

The entrance to Facebook’s corporate headquarters  in Menlo Park, California, the US. Photograph: Josh Edelson/AFP/Getty Images

Facebook Inc said on Wednesday that the personal information of up to 87 million users may have been improperly shared with political consultancy Cam(...)

An attendee operates the Oculus VR Rift virtual reality  headset during the company’s Connect 4 product launch event in San Jose, California

Facebook is launching a new virtual reality headset that does not require a separate computer to operate, allowing more mobile uses than the company’s(...)

 Visitors trying new virtual reality goggles during the second day of the Web Summit in Lisbon. Photograph: EPA/Adre Kosters

If you were expecting diversity at the Web Summit, you certainly wouldn’t be disappointed. The event played host to everyone from sports stars to Wiki(...)

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