Data firm suspends CEO over Facebook scandal - News Summed Up

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Data firm suspends CEO over Facebook scandal


WorldFacebook expressed outrage Tuesday over the misuse of its data as Cambridge Analytica, the British firm at the centre of a major scandal rocking the social media giant, suspended its chief executive. Lawmakers on both sides of the Atlantic have demanded answers after it was revealed at the weekend that Cambridge Analytica improperly harvested information from 50 million Facebook users. Cambridge Analytica has denied using Facebook data for the Trump campaign, but the scandal has ratcheted up the pressure on the social media giant -- already under fire for allowing fake news to proliferate on its platform during the US campaign. US media reported Tuesday evening that the Federal Trade Commission is investigating Facebook over the data scandal. Cambridge Analytica's board said meanwhile that Nix would stand aside immediately pending an investigation into the snowballing allegations against him.


Source: Sunday Times March 21, 2018 05:48 UTC



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