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Stock impact report

The Wall Street Journal: Facebook suspends another analytics firm over data practices [MarketWatch]

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: MarketWatch
Facebook suspends another analytics firm over data practices Facebook Inc. suspended another company that harvested data from its site and said it was investigating whether the analytics firm’s contracts with the U.S. government and a Russian nonprofit tied to the Kremlin violate the platform’s policies. Crimson Hexagon, based in Boston, has had contracts in recent years to analyze public Facebook data for those and other clients, according to people familiar with the matter and federal procurement data. Crimson Hexagon says it has the largest repository of public social media posts, totaling more than one trillion, from sites that also include Twitter Inc. TWTR, -0.05% and Instagram. Crimson Hexagon operates with little oversight from Facebook FB, +0.89% once it pulls public data from the social-media platform, according to more than a dozen people familiar with the business. The government contracts weren’t approved by Facebook in advance, for example, the people said. Faceboo Show less Read more
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