Report: SEC probes Facebook privacy issues
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July 13, 2018
NEW YORK (AP) — A report says the Securities and Exchange Commission is investigating whether Facebook adequately warned its investors about privacy lapses involving the data mining firm Cambridge Analytica.
The Wall Street Journal said Thursday that the SEC has requested information from Facebook on how much the company knew about Cambridge Analytica's use of user data. The report cited unnamed people familiar with the matter.
Cambridge Analytica, which was affiliated with President Donald Trump's 2016 election campaign, got access to data on up to 87 million Facebook users.
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