Facebook and Cambridge Analytica suffer backlash following data breach claims

IBTimes 2018-03-20

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Facebook and Cambridge Analytica have suffered backlash following claims the political consultancy firm harvested 50 million Facebook users' data to influence the 2016 U.S. election.Facebook's stock value fell 7% at the end of Wall Street trading on March, 19 and the U.K. Information Commissioner is seeking a warrant to search Cambridge Analytica's servers.A story published by the Observer and further investigated by Channel 4 News and the New York Times also revealed the company boasted about honey traps, entrapping politicians and fake news campaigns.

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