Facebook Posts Surge in Revenue as It Tackles User-Data Crisis - News Summed Up

Facebook Posts Surge in Revenue as It Tackles User-Data Crisis


Facebook’s earnings report marks the first snapshot of how the company’s ties to Cambridge Analytica are affecting its business. Facebook’s earnings report marks the first snapshot of how the company’s ties to Cambridge Analytica are affecting its business. Facebook’s earnings report marks the first snapshot of how the company’s ties to political-data firm Cambridge Analytica are affecting the Silicon Valley giant’s business. Photo: EPA/AFPCambridge Analytica aided the Trump campaign in 2016 and allegedly bought data about tens of millions of Facebook users from an outside developer. Much of the fallout happened after the quarter ended in March and isn’t fully reflected in the earnings report.


Source: Wall Street Journal April 25, 2018 20:24 UTC



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