financetom
News
financetom
/
News
/
Facebook likely to face two more state probes on privacy issues
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Facebook likely to face two more state probes on privacy issues
Jan 31, 2019 9:36 PM

Facebook Inc could be subjected to at least two more state probes in the United States on the alleged mishandling of user data, Bloomberg on Thursday.

The report, which cited people familiar with the matter, said Pennsylvania Attorney General Josh Shapiro and his Illinois counterpart Kwame Raoul have joined forces with Connecticut to focus on investigating existing allegations.

The state probes are coalescing into two main groups, the report said. The states of New York, New Jersey and Massachusetts are also probing the social media giant and are seeking to uncover any potential unknown violations.

The Illinois attorney general's office declined to comment on Bloomberg's report when contacted by Reuters, while the office of the attorney general of Pennsylvania did not immediately respond to a request for comment.

Facebook told Reuters in an emailed statement it was having "productive conversations" with attorneys general from a number of states.

"Many officials have approached us in a constructive manner, focused on solutions that ensure all companies are protecting people's information, and we look forward to continuing to work with them," Facebook's vice president of state and local public policy, Will Castleberry, said.

Facebook and other tech giants have been under pressure for over a year after it was revealed that British consultancy Cambridge Analytical acquired data on millions of US users to target election advertising. That led to heads of several tech companies testifying before Congress last year.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
​​​​​​Dow Muted in Early Trading, while Nasdaq 100 Returns to Recent Highs and Nikkei 225 Makes Progress
​​​​​​Dow Muted in Early Trading, while Nasdaq 100 Returns to Recent Highs and Nikkei 225 Makes Progress
Jun 11, 2024
Dow Jones 30, Nasdaq 100, Nikkei 225 Analysis and Charts ​​​Dow stabilises but struggles to move higher ​After dropping back on Friday the index managed to recover on Monday, holding above the lows of Friday’s session. ​This allows the price to begin a move back towards the previous highs at 40,000, so long as the 50-day simple moving average (SMA)...
Aussie resumes losses after grim data
Aussie resumes losses after grim data
Jun 11, 2024
The Australian dollar resumed its losses in Asian trade on Tuesday against a basket of major rivals, approaching five-week lows against its US counterpart following grim data A stream of weak Australian dollar underpinned hopes of early RBA interest rate cuts this year, in turn harming the Aussies standing. The Price The AUD/USD pair fell 0.3% today to 0.6591, with...
USD/JPY Drifts Higher, Will the BoJ Announce Bond Tapering at Friday’s Policy Meeting?
USD/JPY Drifts Higher, Will the BoJ Announce Bond Tapering at Friday’s Policy Meeting?
Jun 11, 2024
USD/JPY Analysis and Charts Japanese Yen Prices, Charts, and Analysis The Bank of Japan may announce that it is cutting back its bond purchases.USD/JPY traders will also need to follow US data and Wednesday’s FOMC meeting. Recommended by Nick Cawley Get Your Free JPY Forecast With the USD/JPY exchange rate approaching levels that could cause concern for Japanese authorities, there...
FOMC Preview: Dot Plot to Reveal Fewer Rate Cuts in 2024
FOMC Preview: Dot Plot to Reveal Fewer Rate Cuts in 2024
Jun 11, 2024
FOMC Decides Rate Outlook: FOMC almost certain to leave rates unchanged in light of stubborn inflation, robust jobsSummary of economic projections likely to validate market perceptions of a delayed first rate cutA hawkish Fed message may extend the dollars recent ascent but the inflation data may complicate matters in the lead up Fed to Stay the Course and Delay Timing...
Copyright 2023-2025 - www.financetom.com All Rights Reserved