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On July 20, 2008, Facebook introduced "Facebook Beta", a significant redesign of its user interface on selected networks. The Mini-Feed and Wall were consolidated, profiles were separated into tabbed sections, and an effort was made to create a cleaner look. [66] Facebook began migrating users to the new version in September 2008. [67]
Additionally, Facebook had to implement a new privacy structure, follow a 20-year settlement order, and allow the FTC to monitor Facebook. [225] Cambridge Analytica's CEO and a developer faced restrictions on future business dealings and were ordered to destroy any personal information they collected. Cambridge Analytica filed for bankruptcy. [226]
Account verification is the process of verifying that a new or existing account is owned and operated by a specified real individual or organization. A number of websites, for example social media websites, offer account verification services.
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In 2020, Facebook, Inc. spent $19.7 million on lobbying, hiring 79 lobbyists. In 2019, it had spent $16.7 million on lobbying and had a team of 71 lobbyists, up from $12.6 million and 51 lobbyists in 2018. [128] Facebook was the largest spender of lobbying money among the Big Tech companies in 2020. [129]
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