Cambridge Analytica

The breaches were first reported by the Guardian in early 2018, and Facebook received fines from regulators in the United States and the UK in 2019

The Supreme Court is allowing a multibillion-dollar class action investors' lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm. The justices heard arguments in November in Meta's bid to shut down the lawsuit. On Friday, they decided that they were wrong to take up the case in the first place. The high court dismissed the company's appeal, leaving in place an appellate ruling allowing the case to go forward. Investors allege that Meta did not fully disclose the risks that Facebook users' personal information would be misused by Cambridge Analytica, a firm that supported Donald Trump's first successful Republican presidential campaign in 2016. Inadequacy of the disclosures led to two significant price drops in the price of the company's shares in 2018, after the public learned about the extent of the privacy scandal, the investors say. Meta already has paid a USD 5.1 billion fine and reached

Cambridge Analytica was hired by then-candidate Donald Trump during his 2016 campaign against Hillary Clinton

In suits made public Tuesday, two groups of shareholders claimed that members of Facebook's board allowed the company to overpay on its fine in order to protect Zuckerberg

On Friday, CBI registered a criminal conspiracy case against Cambridge Analytica and Global Science Research for illegally harvesting personal data of Facebook users in India

Facebook reported the leak of personal data of nearly 562.000 Indians users by the UK data firm

Facebook had collected certificates from both the firms in 2016-17 that data collected by them using "thisisyourdigitallife" was accounted for and destroyed

Cambridge's clients had included U.S. President Donald Trump's 2016 election campaign

The question that remains, however, is this: Is the state a trustworthy regulator?

Rahul Gandhi accuses BJP of making the real news 'vanish' by accusing Congress of working with the controversial firm charged with stealing data from Facebook

Voter psychological profiles were built to determine political enthusiasm, political orientation, frequency in voting and consistency in voting for the same political party

There's still no proof that micro-targeting is more effective than other forms of advertising

He says the government needs to come up with good policies to encourage digital literacy and collaborate with research institutes to identify various vulnerabilities

The social networking giant reported net income of $6.09 billion -- compared with $5.14 billion in the year-ago period

Exposed server stored 419 million records on Facebook users across several databases.

The introduction of the new tool is Facebook's latest response to criticism over how it safeguards users' privacy

Social media and tech firms revolutionised the way people communicate

Cambridge Analytica (CA) is accused of acquiring data from up to 87 million Facebook profiles for use in political campaigns around the world

It was fined 15,000 pounds ($19,100, 16,700 euros) and required to pay around 6,000 pounds in court costs

PE against two firms -- Cambridge Analytica NY and GSR -- has been registered to probe the Facebook data breach case, said source