Facebook probe: Data practices face transatlantic investigation as share value tumbles - News Summed Up

Facebook probe: Data practices face transatlantic investigation as share value tumbles


Facebook said on Monday it had hired forensic auditors from the firm Stroz Friedberg to investigate and determine whether Cambridge Analytica still had the data. "The lid is being opened on the black box of Facebook data practices, and the picture is not pretty," said Frank Pasquale, a University of Maryland law professor who has written about Silicon Valley's use of data. London-based Cambridge Analytica said it strongly denied the media claims, and that it deleted all Facebook data it obtained from a third-party application in 2014 after learning the information did not adhere to data protection rules. Late on Monday, the Connecticut Attorney General said the office will initiate an inquiry into Facebook data policies. The revelations about Cambridge Analytica were "horrifying, if confirmed," said EU Justice Commissioner Vera Jourova.


Source: Irish Independent March 20, 2018 06:45 UTC



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