U.S. FTC reportedly probing Facebook’s abuse of personal data as UK summons Zuckerberg for questioning

“The U.S. Federal Trade Commission is investigating whether the use of personal data from 50 million Facebook users by Cambridge Analytica violated a consent decree the tech company signed with the agency in 2011, Bloomberg reported Monday,” Sara Salinas reports for CNBC. “The report follows a weekend of turmoil for Facebook after the research firm was alleged to have improperly gained access to the data of more than 50 million Facebook users.”

“A violation of the consent decree could carry a penalty of $40,000 per violation, which could mean a fine conservatively estimated to be “many millions of dollars in fines” for Facebook, The Washington Post reported over the weekend, citing a former FTC official,” Salinas reports. “‘We reject any suggestion of violation of the consent decree. We respected the privacy settings that people had in place. Privacy and data protections are fundamental to every decision we make,’ Facebook said in a statement to The Washington Post on Saturday.”

“The consent decree requires that Facebook notify users and receive explicit permission before sharing personal data beyond their specified privacy settings,” Salinas reports. “Shares of Facebook fell as much as 3 percent Tuesday, after falling as much as 8 percent on Monday. UK officials are also investigating the alleged mishandling of data, ordering auditors hired by Facebook to stand down and summoning CEO Mark Zuckerberg to provide evidence for review.”

Read more in the full article here.

“The Facebook revelations have also prompted bipartisan, transatlantic concern,” David McLaughlin reports for Bloomberg. “The U.S. Senate Commerce Committee announced Monday evening it would like a briefing on ‘the use and sharing of individual Facebook user data.'”

“The chairman of a UK parliamentary committee announced Tuesday he was requesting that Facebook Chief Executive Officer Mark Zuckerberg, who has remained silent for days, appear before the panel to supplement prior testimony by the company’s executives,” McLaughlin reports. “Republican lawmakers, who normally resist regulation of private business, started coming down on the company as early as Sunday, with Senator Jeff Flake of Arizona calling the privacy violations ‘significant’ and Senator Marco Rubio of Florida saying he was ‘disturbed’ by many things about the company.”

Read more in the full article here.

MacDailyNews Take: Faceplant.

The roof, the roof, the roof is on fire!
We don’t need no water
Let the…

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  1. More than 50 million Facebook users X $40,000 per violation = minimum $2 billion. Of course, Facebook will say the users set their configs to allow the sharing, so there will be no fine, except maybe a token fine for the sake of politicians running for re-election this fall.

  2. I’ll just leave this here:

    Trump campaign phased out use of Cambridge Analytica data before election

    The Trump campaign never used the psychographic data at the heart of a whistleblower who once worked to help acquire the data’s reporting — principally because it was relatively new and of suspect quality and value.

    In late September 2016, Cambridge and other data vendors were submitting bids to the Trump campaign. Then-candidate Trump’s campaign used Cambridge Analytica during the primaries and in the summer because it was never certain the Republican National Committee would be a willing, cooperative partner. Cambridge Analytica instead was a hedge against the RNC, in case it wouldn’t share its data.

    The crucial decision was made in late September or early October when Mr. Trump’s son-in-law Jared Kushner and Brad Parscale, Mr. Trump’s digital guru on the 2016 campaign, decided to utilize just the RNC data for the general election and used nothing from that point from Cambridge Analytica or any other data vendor. The Trump campaign had tested the RNC data, and it proved to be vastly more accurate than Cambridge Analytica’s, and when it was clear the RNC would be a willing partner, Mr. Trump’s campaign was able to rely solely on the RNC.

    The Trump contact with the firm ended on Election Day 2016 and has not been part of the Trump re-election campaign process.Major Garrett, CBS News, March 18, 2018

    1. Your bold headline doesn’t jive with the bottom line of your cut-n-paste.

      Of course the Trump contract with Cambridge Analytica ended on election day in 2016 — Trump wouldn’t pay for any data after that point. You have no idea how much data Bannon and the Boyz stole or how it was used. Note that Trump also kicked Bannon to the kerb after he felt he got all the strategy he needed out of the prickly Mercer plant.

      Who pays you to write all the Trump propaganda? You work so hard to cherry pick data points that you think prove you correct, but you miss the forest of other data points, including the one in the article you pasted here on what used to be a Mac forum.

      There is one obvious quality of all the (remaining) Trump administration: whether true or not, the lemmings will all swear before the public that if Trump thinks something is so, then it must be true. To prove him wrong leads to sacking, so nobody will question the naked emperor.

      Problem is, Trump DOES rely on underhanded popularity based “alternative facts” to draw his conclusions. He just isn’t smart enough or patient enough to absorb what data analytics says. He gets his daily brief from the Morning Joe show and then tweets how all the national intelligence agencies that he could have working for him are untrustworthy because they don’t bend to Trump’s tenuous grasp of reality.

      Note how Trump claims the US election was rigged against him, then he turns around and calls Russian dictator for life Putin to congratulate him on his “reelection”.

    1. And that is because?

      Zucker designed a system to rape user’s data for his own financial gain and now is scared to death that governments worldwide will legislate against what earns him gobs of money.

      Zucker sells eyeballs.

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