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Facebook roundup: Wages, spyware, breakup

May 14, 2019 4:47 AM ETMeta Platforms, Inc. (META) StockMETABy: Yoel Minkoff, SA News Editor43 Comments
  • Facebook (NASDAQ:FB) is hiking its $15 minimum wage for all U.S. contract workers - up to $22 in some areas - committing to a "higher standard that better reflects local costs of living."
  • WhatsApp has confirmed that its phone conversations could have potentially be tapped by a third party amid reports outlining allegations that Israel-based NSO Group was able to successfully install malware.
  • Lastly, Joe Biden announced be would open to breaking up Facebook, marking the latest Democratic presidential candidate to press for greater regulation of prominent Silicon Valley companies.

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