Facebook contemplated charging for access to user data: Report

ANI  |  California [United States] 

Facebook's miseries post scandal are only mounting. In a latest revelation, the allegedly contemplated charging companies for access to its user data.

A staffer floated the idea of closing off data access to companies that did not spend at least USD 250K a year, Engadget reported. This was when was struggling to turn its revenue around in the wake of its 2012 stock IPO.

Clearly, the company did not decide in favour of charging for user data. claims that the emails containing the information does not have additional context. While the company did try to fight to strike a balance between making more money from the user data and preserving privacy, the mega scandal has left a global reputational damage.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 29 2018. 13:05 IST