The daily business briefing: June 6, 2018

Facebook admits giving Chinese tech companies data access, Mexico imposes tariffs to retaliate against Trump levies, and more

Facebook CEO Mark Zuckerberg
(Image credit: Getty Images)

1. Facebook admits giving Chinese companies data access

Facebook announced Tuesday that it has data-partnership agreements with at least four Chinese electronics companies, including Huawei, a telecommunications equipment company flagged as a security threat due to its close ties with the Chinese government. In addition to Huawei, the companies Lenovo, Oppo, and TCL have private access to Facebook user data like work and education history, relationship status, and likes. In 2007, before its app worked well on phones, Facebook wanted to get more people to use the social network, and the company made agreements with these Chinese device makers so they could offer select Facebook features, like status updates, on their phones. Facebook told The New York Times that it is ending its partnership with Huawei by the end of the week.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.