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Report: Facebook delays launch of home products

Facebook Inc. delayed the unveiling of its new home products because of the recent data scandal, Bloomberg News reported March 28, citing sources with knowledge of the matter.

The company had previously planned to unveil hardware products such as connected speakers with digital-assistant and video-chat capabilities at its F8 conference in May. The company, however, still plans to unveil the products later this year.

According to a recent report, Facebook Chairman and CEO Mark Zuckerberg will be testifying in the coming weeks on data privacy and address recent concerns regarding how the social media platform's user data is handled following the alleged misuse of Facebook's user data by London-based political data analytics firm Cambridge Analytica LLC and other third parties.