Facebook is staring down its first fine for allowing Cambridge Analytica to improperly access data about millions of people, potentially opening the door for governments around the world to slap the social media giant with other tougher penalties and stricter regulation. On Tuesday, UK watchdogs announced a $664,000 (roughly Rs. 4.5 crores) preliminary fine – the maximum amount allowed – after finding Facebook ... Read More »
Currently, Cambridge Analytica in the UK is facing investigations by Parliament and government regulators into allegations that it performed illegal work on the ‘Brexit’ campaign. Photo: Reuters New Delhi: Data drives all that we do”. That is how Cambridge Analytica, the analytics and marketing firm that worked for the Trump presidential campaign in 2016, describes itself on its website. Ironically, it ... Read More »
The crisis-management playbook is pretty simple: Get ahead of the story, update authorities and the public regularly, accept responsibility and take decisive action. Crisis-management experts say that until Wednesday, Facebook was 0-for-4. Facebook’s two top executives, CEO Mark Zuckerberg and chief operating officer Sheryl Sandberg, went radio silent after news broke last Friday that political consulting firm Cambridge Analytica may have used data improperly ... Read More »
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