Federal prosecutors are investigating Facebook’s data deals with more than 150 tech giants, including Amazon, Apple, Microsoft and Sony. The agreements allowed the companies to see user data, sometimes without their consent. Facebook has ended most of the partnerships over the past two years. “We are cooperating with investigators and take those probes seriously,” said a Facebook spokesperson in a statement to The New York Times. Meanwhile, Facebook’s Chris Cox, chief product officer, and Chris Daniels, the vice-president in charge of WhatsApp, are both leaving the company, CEO Mark Zuckerberg announced in a blog post. (New York Times, CNBC)
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Federal prosecutors are investigating Facebook’s data deals with more than 150 tech giants, including Amazon, Apple, Microsoft and Sony. The agreements allowed the companies to see user data, sometimes without their consent. Facebook has ended most of the partnerships over the past two years. “We are cooperating with investigators and take those probes seriously,” said a Facebook spokesperson in a statement to The New York Times. Meanwhile, Facebook’s Chris Cox, chief product officer, and Chris Daniels, the vice-president in charge of WhatsApp, are both leaving the company, CEO Mark Zuckerberg announced in a blog post. (New York Times, CNBC)
Talking point: The move shows further scrutiny into a company already being looked at by the Federal Trade Commission and the Securities and Exchange Commission. The Department of Justice’s securities fraud unit is also investigating the company after it was alleged that Cambridge Analytica had improper access to 87 million Facebook users’ data, which it used to help Donald Trump’s presidential campaign.
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