March 14, 2019 IBOMLLC Team

U.S. Feds have initiated Criminal Investigation on Facebook over alleged Illegal Data Sharing

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

It appears Facebook has been closing a lot of undercover business deals; unscrupulous business for that matter. Well, allegedly!

The U.S. federal government has started criminal investigations on Facebook over alleged data dealing with some of the big tech companies in the world. This development adds to a growing list of regulatory troubles facing the social network giant.

As first published by The New York Times, there has been a grand jury subpoena for records from two OEMs that show the smartphone companies enter into a contract with Facebook to access personal information for millions of users. In essence, Facebook is selling your data to the highest bidder.

These big tech companies coming to Facebook for your data include Microsoft, Apple, Amazon, and Sony among others. The social network did confirm it is under investigation to The Times in a statement saying:

We are cooperating with investigations and take those probes seriously. We’ve provided public testimony, answered questions, and pledged that we will continue to do so,” said a spokesperson from Facebook.

The criminal charges are being overseen by the Eastern District of New York’s U.S. attorney’s office. An office …read more

Read more here:: U.S. Feds have initiated Criminal Investigation on Facebook over alleged Illegal Data Sharing

      

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