Cambridge Analytica

Facebook expects to pay a fine of up to $5 billion in a settlement with federal regulators. The tech giant disclosed that figure in its first-quarter 2019 financial results.

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Congress isn’t the only government body looking into Facebook. Now a laundry list of federal agencies, including the Federal Trade Commission, the Securities and Exchange Commission and the Department of Justice, are interested. 

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Facebook CEO Mark Zuckerberg is testifying on Capitol Hill to answer questions about protecting user data. Stream the hearing below, courtesy of PBS Newshour.

As the Facebook scandal over Cambridge Analytica's misuse of the personal data of millions of users continues to unfold, Facebook is suspending another data analytics firm over similar allegations.

According to reporting by CNBC, Cubeyou collected data from Facebook users through personality quizzes "for non-profit academic research" developed with Cambridge University — then sold the data to advertisers.

Cambridge Analytica / Wikimedia Commons

Facebook has suspended Cambridge Analytica, a firm with ties to the Trump campaign, from its platform after discovering they had not deleted users personal data that it had obtained. The firm engaged in "psychographic" targeting by using customized language and advertisements in a bid to appeal to voters.

Join us today as we discuss the implications of Cambridge Analytica's actions as well as the impact Europe's new privacy law will have on how we all use the Internet.