Page 3 - Data Scandal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Dave. >> significant development. alexandra field live for us in south korea. to wall street. investors are concerned about what happened yesterday. it was the worst day in history for facebook. shares plunged 19% after it announced it will spend billions on security. facebook lost $119 billion in stock market value. that is the biggest single day loss for a public company ever. to put that in perspective, how much value evaporated from the company is more than the value of most companies like costco and american express and c caterpillar. it took $16 billion off mark zuckerberg's value. fac...

As a crash. a crash in facebook shares. right now, facebook has lost more than $100 billion in market value. sales were lower than expected last quarter. it is the future that really spooked wall street. facebook's plans to put privacy first spending millions -- get that -- billions on security which will cut into profit for years. this is the direct issue from the data scandal. it combats the spread of fake news or election meddling. it is important. it is a responsibility for the company. it is little late and it will cost it money. investors worry that the facebook problems are not unique a...

That cambridge analytica data scandal. that's the company that secretly gathered the personal data of millions of users. the british information commissioner's office has announced its biggest possible fine against the social media group which equals $664,000. the office accuses facebook of failing to safeguard people's information and not being transparent about how the data has harvested. facebook's chief privacy officer responded as we have said before, we should have done more to investigate claims about cambridge analytica and take action in 2015. we've been working closely with the ico i...

Reporters tracked down yet another scandal about the firm. the story of the firm using its own stolen data, tens of millions of private profiles that they stole off facebook without consent and used to build basically the spine of their operation as a company. reporters started asking about that in march. well this week, the financial times in britain reports that those questions that reporters were asking about that scandal, questions caused two things to happen at the firm. number one according to the financial times the questions from reporters about the data scandal caused the cambridge an...

The royal family members such disappearances of government critics in the u.a.e. are quite common as human rights watch has reported on such cases so and what is most concerning is that usually these people who are detained they don't stand a chance for a trial or a fair fair trial at least and this is actually a violation of several international treaties. paula you still rich i thank you very much for keeping track of that story for us. lawmakers have demanded better data protection and privacy measures from facebook c.e.o. mark zuckerberg face questioning at the european parliament in bruss...