Facebook's under scrutiny as federal agencies join probe of tech giant's role in sharing data
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 now involves three agencies, including the Securities and Exchange Commission, according to people familiar with the official inquiries.
Representatives for the FBI, the SEC and the Federal Trade Commission have joined the Department of Justice 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, said five people, who spoke on the condition of anonymity to discuss a probe that remains incomplete.
Facebook discovered in 2015 that Cambridge Analytica, which later worked for the Trump campaign and other Republican candidates, had obtained Facebook data to create voter profiles. Yet Facebook didn’t disclose that information to the public until March, on the eve of the publication of news reports about the matter.
The questioning from federal investigators centers on what Facebook knew three years ago and why the company didn’t reveal it at the time to its users or investors, as well as any discrepancies in more recent accounts, among other issues, according to these people.The Capitol Hill testimony of Facebook officials, including Chief Executive Mark Zuckerberg, also is being scrutinized as part of the probe, said people familiar with the federal inquiries.
https://www.msn.com/en-us/news/technology/facebook’s-disclosures-under-scrutiny-as-federal-agencies-join-probe-of-tech-giant’s-role-in-sharing-data-with-cambridge-analytica/ar-AAzv6fJ?li=BBnb7Kz