[ad_1] According to Vice Chancellor Joseph Slights of the Delaware Chancery Court, the shareholders have a “credible basis” to suspect that Facebook board members may have committed wrongdoing. Slights said his decision does not conclude that there was any misconduct. Though, if the shareholders discover otherwise, they could file another suit. Facebook has faced several […]
Category: cambridge analytica
Facebook will be liable for future Cambridge Analytica-style scandals
[ad_1] Under the updated terms and conditions, which Facebook confirmed to TechCrunch will apply worldwide, the company is also amending its policy on the limitation of liability. It “now acknowledges its responsibility in case of negligence, for instance in case data has been mishandled by third parties.” Essentially, it’s on the hook for any future […]
Facebook knew about Cambridge Analytica prior to ‘Guardian’ exposé
[ad_1] While the company admitted to the publication that it had concerns about CA’s practices months before its data gathering became public knowledge, it insisted that it “absolutely did not mislead anyone.” A spokesperson said the employees were talking about a different issue in the email exchange, and that it wasn’t about CA’s data purchase […]
Facebook board member met Cambridge Analytica whistleblower in 2016
[ad_1] Andreessen stayed in touch with Wylie up until the story broke in March 2018, according to one of the sources. However, there was supposedly no “follow-up” to put Wylie’s information to work. Andreessen’s venture capital company, Andreessen Horowitz, has declined to answer questions. In a statement, Facebook said it wasn’t aware of the data […]