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It is according to a report of the Information, citing familiar sources with the subject. The social media giant would be on a shopping spree in order to acquire a large cybersecurity company. Facebook has reportedly spoken to several large cyber security firms about a possible buyout, although Information sources would not identify with which companies Facebook has had interviews.
regardless, Information According to some sources, Facebook could sign an agreement by the end of the year. If Facebook buys a big cybersecurity company, it could help the company on two fronts. First, it would give Facebook the resources it needs to help society prevent new hackers. Second, it's a good PR blow. Spending tens, if not hundreds of millions of dollars on a cybersecurity company could convince the public that Facebook takes its cybersecurity problems seriously.
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