Atheer – External Sources
Big internet companies and small software developers are set to face scrutiny over how they share customer information, following the scandal involving Facebook and the British election consulting firm Cambridge Analytica.
According to Reuters, lawmakers in the United States and the EU have called for probes into how Facebook allowed Cambridge Analytica to access data on fifty million users and use it to help President Donald Trump’s election campaign. Facebook shares have fallen 8.5 percent this week, as investors fear the incident will lead to new regulation.
The scrutiny and the risk of regulatory action could affect Google, Twitter, Uber, LinkedIn and the many others that make their user data available to outside developers.