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Facebook's Zuckerberg under pressure over data breach [Business News Network (BNN) Energy & Resources (Canada)]

FACEBOOK (FB)  More Company Research Source: Business News Network
Last facebook earnings: 7/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
PDF Facebook's Zuckerberg under pressure over data breach Government officials in the U.S. and Europe are demanding answers from Facebook Inc. after reports that Cambridge Analytica, the advertising-data firm that helped Donald Trump win the U.S. presidency, retained information on tens of millions of Facebook users without their consent. Over the weekend, entreaties for the social-media giant to take responsibility evolved into calls for Chief Executive Officer Mark Zuckerberg to appear in front of lawmakers. Facebook has already testified about how its platform was used by Russian propagandists ahead of the 2016 election, but the company never put Zuckerberg himself in the spotlight with government leaders. The pressure may also foreshadow tougher regulation for the social network. “It’s clear these platforms can’t police themselves,” Senator Amy Klobuchar, a Minnesota Democrat, said Saturday on Twitter. “They say ‘trust us.’ Mark Zuckerberg needs to testify before Senate Judiciary.” Ma [Read more]

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