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View Full Version : Facebook Shares Plunge After D.C Sues Over Cambridge Analytica Scandal




Swordsmyth
12-19-2018, 04:09 PM
The suit was filed Wednesday in Superior Court in the District of Columbia by the district’s attorney general, Karl Racine:

“Facebook failed to protect the privacy of its users and deceived them about who had access to their data and how it was used,” Racine said in a Dec. 19 statement.
“Facebook put users at risk of manipulation by allowing companies like Cambridge Analytica and other third-party applications to collect personal data without users’ permission,” he said.

#BREAKING (https://twitter.com/hashtag/BREAKING?src=hash&ref_src=twsrc%5Etfw): Today I sued Facebook for failing to protect the privacy of millions of its users and deceiving them about who had access to their data and how it was used: https://t.co/UDvYhrWH3I pic.twitter.com/6Eqk2LqyJ4 (https://t.co/6Eqk2LqyJ4)
— AG Karl A. Racine (@AGKarlRacine) December 19, 2018 (https://twitter.com/AGKarlRacine/status/1075443119464824832?ref_src=twsrc%5Etfw) The lawsuit marks the first time that regulators in the United States have sought to penalize Facebook for how it was used during the 2016 US presidential election.

More at: https://www.zerohedge.com/news/2018-12-19/facebook-shares-plunge-after-dc-sues-over-cambridge-analytica-scandal