Ever since they went public back in 2012, Facebook has been getting a tough time from Wall Street. In the first few months, their stock dropped by almost 75% before slowly recovering; the stock currently sits at $27, down 29% from their initial price of $38. Facebook has been under considerable pressure to expand into the developing markets, such as Africa and Asia, as well as a developing robust monetization methods in places such as Europe and North America.
Microsoft has revealed a small number of its computers, including some in its Mac software business unit, have been infected with malware.
The world's largest software company said the security intrusion was "similar" to recent ones reported by Apple and Facebook. It said there was no evidence of customer data being affected and it is continuing its investigation
Israeli security researcher, Nir Goldshlager has found a way to abuse Facebook's OAuth mechanism allowing for complete account take over. From his blog:
Apple Inc computers were attacked by the same hackers who targeted Facebook Inc, but no data appeared to have been stolen, the company said on Tuesday in an unprecedented admission of a widespread cyber-security breach.
Facebook revealed on Friday that unidentified hackers traced to China had staged a sophisticated attack by infiltrating its employees' laptops, but no user information was compromised.
Facebook revealed on Saturday that its internal network was hacked last month.
The attackers were able to access the tech giant's computer network after employees visited a mobile developer's website which downloaded malware - software often used to steal information - onto employees' laptops.