Facebook Secretly Wiretapped Competitors: Documents [zero hedge]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: zero hedge
Facebook Secretly Wiretapped Competitors: Documents Authored by Zachary Stieber via The Epoch Times (emphasis ours), Facebook secretly obtained proprietary data from competitors, including Snapchat, according to newly unsealed court documents. At the request of CEO Mark Zuckerberg, Facebook officials developed a program called In-App Action Panel (IAAP) that they deployed in 2016 and which was in use through mid-2019, according to the documents, which include internal emails. The program utilized cyberattacks to intercept information from Snapchat, YouTube, and Amazon. The program then decrypted the information. “Facebook’s IAAP Program used nation-state-level hacking technology developed by the company’s Onavo team, in which Facebook paid contractors (including teens) to designate Facebook a trusted ‘root’ certificate authority on their mobile devices, then generated fake digital certificates to redirect secure Snapchat analytics traffic (and later, analytics from YouTube and Amazon)
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- 4/25/24 - Form 4
- 4/24/24 - Form PX14A6G
- META's page on the SEC website