On June 18, 2016, one of Facebook’s most senior executives sent out a shocking memo telling employees that there could be negative consequences of the company’s growth, including getting people killed, but these consequences were “justified.”
Facebook’s legal troubles continue to grow in number and intensity. Over recent days we have reported that:
- Facebook is being sued in U.S. by its users over improper data harvesting,
- The FTC Opened an investigation into Facebook’s violation of a 2011 consent decree, and
- Facebook CEO Zuckerberg was invited to testify at a U.S. Senate hearing.
And now it has been reported that the Attorneys General of 37 states have joined forces to investigate Facebook.
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.