Cambridge Analytica scandal is not a ‘breach’. It is Facebook’s business model in action

Cambridge Analytica scandal is not a ‘breach’. It is Facebook’s business model in action

By Uri Gal Posted March 22, 2018 13:03:48 Photo: The Cambridge Analytica scandal shows digital surveillance is at the core of Facebook’s business model. (Reuters: Dado Ruvic) The magnitude of Facebook’s surveillance scheme revealed by the Cambridge Analytica story has led to public outcry and sent shockwaves through the political …

Facebook slides as US regulator investigates data breach, Wall Street regains energy

Facebook slides as US regulator investigates data breach, Wall Street regains energy

Updated March 21, 2018 08:31:41 Photo: Facebook shares fell by another 2.6 per cent overnight, as it faces questions about a massive data breach. (Reuters: Thomas Hodel) Related Story: Facebook loses $US35b after massive data breach, tech stocks lead Wall Street sell-off Although Wall Street has recovered from yesterday’s sharp …