Federal investigators broaden focus on Facebook’s role in sharing data with Cambridge Analytica, examining statements of tech giant
Apparently, a federal investigation into Facebook’s sharing of data with political consultancy Cambridge Analytica has broadened to focus on the actions and statements of the tech giant and involves three agencies, including the Securities and Exchange Commission. Representatives for the FBI, the SEC and the Federal Trade Commission have joined the Justice Department in its inquiries about the two companies and the sharing of personal information of 71 million Americans, suggesting the wide-ranging nature of the investigation, apparently. The emphasis has been on what Facebook has reported publicly about its sharing of information with Cambridge Analytica, whether those representations square with the underlying facts and whether Facebook made sufficiently complete and timely disclosures to the public and investors about the matter. The Capitol Hill testimony of Facebook officials, including chief executive Mark Zuckerberg, also is being scrutinized as part of the probe, apparently.
Federal investigators broaden focus on Facebook’s role in sharing data with Cambridge Analytica, examining statements of tech gi Facebook Faces Broadened Federal Investigations Over Data and Privacy (NY Times) SEC, FBI Question Facebook Over User Data (WSJ)