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Cambridge Analytica Deceived Facebook Users On Data: US Probe

Monday, December 9, 2019, 7:44 AM

US regulators concluded that British consultancy Cambridge Analytica at the center of a-massive-scandal on hijacking of Facebook data deceived users of the social network about how it collected and handled their personal-information. Facebook's own investigation found that some data from 87-million users in the US and elsewhere had been compromised by the firm, and claimed the practices violated the social network's terms of service.
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Facebook Users Care Less About Privacy Than Regulators

Friday, April 26, 2019, 7:18 AM

Facebook Inc is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter. It has been just over a year since Facebook's improper data sharing with political consultancy Cambridge Analytica launched probes on both sides of the Atlantic.