Cambridge Analytica offices searched
Authorities in Britain as well as the USA are investigating Cambridge Analytica over allegations the firm improperly obtained data from 50 million Facebook users and used it to manipulate elections, including the 2016 White House race and the 2016 Brexit vote in Britain.
Overview of relations between Cambridge Analytica, Facebook, and Donald Trump's presidential campaign.
The alleged breach came to light thanks to a Cambridge Analytica whistleblower called Christopher Wylie.
The co-founder of the Leave.EU campaign Arron Banks has repeatedly insisted Cambridge Analytica helped with pro-Brexit campaigns during the run-up to the 2016 referendum.
According to the ads, a quiz app built by a Cambridge University researcher leaked Facebook data of millions of people four years ago.
Friday's notice to the firm followed local media reports that Indian political parties had used the data analytics firm during elections.
On Wednesday, Zurich's data protection officer Bruno Baeriswyl told the Tages Anzeiger newspaper that voter manipulation using such data was possible in Switzerland.
Japanese government asks court to fine Nissan for uncertified vehicle checks
In the US , the expectation is 20-30 per cent by 2025, while it's 35-40 per cent by the same mark for China. One new electric vehicle would also be a globetrotter, a crossover inspired by the Nissan IMx Concept.
Kinder Morgan (KMI) Holdings Lessened by CapWealth Advisors LLC
It turned negative, as 70 investors sold KMI shares while 353 reduced holdings. 26 funds opened positions while 103 raised stakes. The stock has a market capitalization of $33,113.07, a PE ratio of 1,501.00, a P/E/G ratio of 1.53 and a beta of 0.62.
The Barrick Gold (ABX) Shares Gap Up to $12.17
The stock of Barrick Gold Corporation (NYSE: ABX ) has "Hold" rating given on Monday, August 21 by BMO Capital Markets. First Eagle Investment Management LLC increased its holdings in shares of Barrick Gold by 1.6% during the 3rd quarter.
The Cambridge Analytics fiasco appears to have crystallized the anxiety many people feel about Facebook's enormous sway over daily life and its massive data trove.
"As anyone who is familiar with our staff and work can testify, we in no way resemble the politically-motivated and unethical company that some have sought to portray", acting CEO Alexander Tayler said in a statement.
Facebook's response, however, is limited to a narrow range of technical changes that will further limit the data apps can collect and lead to audits of apps that exhibit troubling behaviour.
A United Kingdom parliamentary media committee is investigating how Facebook uses data, and has summoned CEO Mark Zuckerberg to testify. A proposed class-action lawsuit has been filed in California against both Facebook and Cambridge Analytica.
Chief executive Mark Zuckerberg has issued a public apology, admitting there had been a "major breach of trust".
Mozilla said it would consider returning to Facebook if it could better protects its users data.
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