US Top Prosecutor Sues Facebook Over Data Breach Accusations

US Top Prosecutor Sues Facebook Over Data Breach Accusations

US Top Prosecutor Sues Facebook Over Data Breach Accusations

"We're seeking to hold Facebook accountable for jeopardising and exposing the personal information of tens of millions of its users", Rancine said on a conference call with reporters.

Warner, the top Democrat on the Senate Intelligence Committee that heard testimony from Facebook Chief Operating Officer Sheryl Sandberg in September, has previously put forth several potential measures for regulating tech companies.

The social network has admitted that up to 87 million users may have had their data hijacked by Cambridge Analytica, which shut down weeks after the news emerged on its handling of private user information.

Flashback:I reported back in July how Facebook's stock suffered the worst single-day market loss in history back in July amid the Cambridge Analytica scandal.

The fallout from Cambridge Analytica, which is still ongoing, led to congressional hearings in the United States and inquiries in the United Kingdom. "That's almost half of the people that live in the District of Columbia". Something like 44% of American adults get their news from Facebook. A U.S. federal investigation has been ongoing for months, looking into whether Facebook has been entirely up front about its relationship with Cambridge Analytica. "People are getting fed up with having their information mishandled".

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In an interview, Steve Satterfield, Facebook's director of privacy and public policy, said none of the partnerships violated users' privacy or the F.T.C. agreement.

"It looks like they are throwing spaghetti against the wall and seeing what sticks", she said.

Earlier this week it was revealed that Facebook allowed unhindered access to users' messages, email addresses and other data as part of deals with major companies like Netflix and Spotify. It also alleges that Facebook was aware in 2014 that the developer wanted to download the information about users' friends but "failed to monitor or audit the app".

With each breakdown, Facebook risks losing credibility with both its audience and the advertisers whose spending generates most of the company's revenue. He lost more money than any other billionaire this year.

Facebook is now in a fresh controversy over its application of privacy policy which appears to favour business partners at the detriment of teeming global users. In addition to threatening Facebook's reputation, the suit could potentially cost the company billions.

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