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Stock impact report

Facebook suspends another data analytics firm [CNN]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: CNN
Facebook suspends another data analytics firm Facebook announced Friday that it is suspending another data analytics firm pending an investigation into how the company used its data. Facebook's decision to suspend Crimson Hexagon comes as Facebook faces continued fallout over how it handles the personal data of its 2.2. billion monthly users. The Wall Street Journal , citing people familiar with the matter and federal procurement data, reported Friday that Crimson Hexagon had contracts to analyze public Facebook ( FB ) data for several US government agencies and an unnamed Russian nonprofit. Related: Cambridge Analytica's Facebook data was accessed from Russia, MP says "We don't allow developers to build surveillance tools using information from Facebook or Instagram," a company spokesperson told CNNMoney. "We take these allegations seriously, and we have suspended these apps while we investigate." In response to the story, Facebook said it has so far found no evidence suggest Show less Read more
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