Facebook faces U.K. fine over its privacy scandal

Facebook faces U.K. fine over its privacy scandal

6 years ago
Anonymous $TjsaxHwAP-

https://phys.org/news/2018-07-facebook-uk-fine-privacy-scandal.html

The penalty is a pittance for Facebook, which generates that sum roughly every seven minutes, based on its first-quarter revenue of $11.97 billion. But it would represent the first tangible punishment for the company's privacy scandal, which tarnished its reputation, temporarily pushed down its shares and forced CEO Mark Zuckerberg to testify before Congress, but otherwise led to few lasting repercussions.

Cambridge Analytica, a London firm financed by wealthy Republican donors, worked for the 2016 Trump campaign and for a while employed Steve Bannon, the CEO of President Donald Trump's campaign and later a White House adviser.