Thursday April 9, 2020

Facebook shares fall further on Wall Street

Social network faces increased political pressure in Britain and US, with calls for chief executive Mark Zuckerberg to appear before committees

20th March, 2018
Facebook faces political pressure. Pic: Getty

Reports in The Observer and New York Times at the weekend said Cambridge Analytica had retained information on millions of Facebook users without their consent.

Bloomberg reported that the US Federal Trade Commission was investigating Facebook over whether it violated terms of a consent decree over its use of personal data

At the weekend, Facebook suspended Cambridge Analytica from its network, but rejected suggestions that there had been a “data breach”. It claimed that a...

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