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6/6, 3:02 AM (Source: TeleTrader.com)
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Facebook gave Huawei access to users' data - report

Facebook has a data-sharing agreement with Chinese telecommunications equipment company Huawei that has been flagged by US intelligence officials as a national security threat, the New York Times reported. The social media giant also partnered with electronics companies Lenovo, Oppo and TCL and those four partnerships, dating back to 2010 at least, remain in effect.

According to the report, Facebook officials promised to reexamine the deal with Huawei by the end of the week. Facebook said that the data shared with Huawei stayed on phones and not the company's servers. The deals gave these companies access to users' data, similar to the one offered to BlackBerry and other device makers.

Meanwhile, Financial Times reported that a significant number of ordinary shareholders voted against reappointing Mark Zuckerberg and Sheryl Sandberg to the board due to data leaks and disinformation. As ordinary, or Class A shareholders have just one vote per share and Class B, held by management and directors, have 10 votes per share, Facebook chief executive and the chief operating officer were reelected. Voting took place at an annual meeting last week with one shareholder describing Facebook as a “corporate dictatorship."

Breaking the News / KP