POLITICUSUSA
Facebook’s legal troubles continue to grow in number and intensity. Over recent days we have reported that:
And now it has been reported that the Attorneys General of 37 states have joined forces to investigate Facebook.
According to Bloomberg News Facebook has dropped nearly $100 billion in market value over the past 10 days, and is headed for its worst month in nearly six years. Its stock price was down over 6% Monday in early trading.
Cambridge Analytica had a detailed 27-page blueprint for making Donald Trump victorious in the 2016 presidential election according to exclusive new reporting in The Guardian newspaper. The internal company document which was leaked by a high-level source from the company, explains how data was used to create 10,000 different ads that supported Trump. These ads were all played to different targeted audiences during the summer and fall of 2016, and the ads were viewed billions of times.
Facebook’s Mark Zuckerberg issued a statement late Wednesday on the Cambridge Analytica data scandal which has embroiled his company in global controversies and seen a loss of up to $50 billion in market value.
‘The Heat is On’ is a Glenn Frey song made famous by the 1980’s TV show ‘Miami Vice.’ Given all the news about how Facebook data was improperly used to manipulate hundreds of millions of people in elections, the song’s title is an apt description of the environment that the social media giant is currently facing.
Top executives of Cambridge Analytica (Cambridge) – the company that credits itself with helping Donald Trump win the presidency through its improper use of Facebook data – have been secretly filmed boasting about how they could fix elections by entrapping political candidates.
Everybody knows that Steve Bannon helped Donald Trump win the presidency, but very few people know how he did it. But now thanks to whistleblower Christopher Wylie, information has come out that shows how Bannon and others supporting the Trump campaign obtained data from over 50 million Facebook users without their express permission.
The Russian influence operation designed to tamper with the 2016 U.S. presidential election used a combination of old-school espionage tactics and 21st-century technologies that will not be easy to stop, even now that the methods have been exposed, experts said.
Trump and Putin got some bad news as Facebook has announced that they will be unveiling a tool that will allow people see if they liked or followed Russian created content.
About 20 million Americans may have seen Russian-backed content on Instagram in the run-up to the 2016 U.S. presidential election, Facebook Inc disclosed on Wednesday as lawmakers questioned tech companies about Russia's use of social media to try to influence the vote.
Trump claims that the Russian Facebook ads supporting him are no big deal because Facebook was on Hillary Clinton's side.
Hoping to lure Russian trolls into an online trap, Rachel Maddow announced that she is setting up a fake secession movement.
Facebook Inc launched an overhaul of how it handles paid political advertisements, giving a concession to U.S. lawmakers who have threatened to regulate the world's largest social network over secretive ads that run during election campaigns.
Facebook said on Wednesday it would introduce tougher rules on who can make money from advertising on its network, responding to criticism that it makes it too easy for providers of fake news and sensational headlines to cash in.
If any American – i.e. anybody connected to the Trump campaign – knew this crime was being committed, they could face time in the slammer.
The new revelation is the latest sign that, no, Russian election meddling – all to help Donald Trump defeat Hillary Clinton – is not fake news.
Fake news is bad enough but as Media Matters explains, the “alt-right” "embraces it for a more dangerous purpose": harassment and death threats
"Our goal is to connect people with the stories they find most meaningful, and we know people want accurate information."
"Let's talk about deplorables: They went after my CHILDREN on social media. Because I wrote some stories about their God. Sick, twisted ppl"
One black religious leader says Trump flaunts "a ticket of unbridled bigotry, sexism, racism and everything that is wrong with America."