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Facebook stock drops after reports of FTC probe and UK summons of Zuckerberg in data scandal The probes follow a weekend of turmoil for Facebook after reports that Cambridge Analytica gained access to the data of more than 50 million users. Shares of Facebook fell nearly 5 percent Tuesday, after falling as much as 8 percent on Monday. UK officials are also investigating the alleged ...
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What's going on with Facebook and Cambridge Analytica? Aged 24, while studying for a PhD in fashion trend forecasting, he came up with a plan to harvest the Facebook profiles of millions of people in the US, and to use their private and personal information to create sophisticated psychological and political profiles. And then target them with political ads ...
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Facebook Stock Plunges John Gruber: "In the short run I always caution against reading anything into the market's sense, but in this case I think investors are right. Facebook is in some serious trouble. This Cambridge Analytica scandal proves that Facebook ought to be heavily regulated, and that's not good for Facebook's ...
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