Republican lawmakers concerned by Facebook data leak

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Go back to Republican lawmakers concerned by Facebook data leak

BofA/Merrill Lynch Remains Bullish on Facebook (FB) Following Privacy Concerns

March 20, 2018 8:36 AM EDT

BofA/Merrill Lynch reiterated a Buy rating and $265.00 price target on Facebook (NASDAQ: FB) following data management and privacy issues. In 2015, FB learned that Dr. Aleksandr Kogan, a professor at the Univ. of Cambridge, violated FB Platform Policies by passing user data from the app... More

Facebook (FB) Shares Under Pressure Amid Backlash from Cambridge Analytica Data Violation

March 19, 2018 6:23 AM EDT

Facebook (NASDAQ: FB) shares are down 2.7% in pre-open trading Monday amid concerns over privacy violations following reports a consulting firm that worked on President Donald Trump's campaign gained inappropriate access to 50 million Facebook users' data.

On Friday, Facebook said it is suspending Strategic Communication Laboratories (SCL), including their political data analytics firm, Cambridge... More