it's facing investigations by the us federal trade commission, the uk's information commissioner, theuropean parliament and a house of commons committee. it all follows allegations that information on millions of facebook members was used for political purposes by the british firm, cambridge analytica. that firm's chief executive, alexander nix, was suspended earlier this evening. our business editor simonjack reports. in the information age, personal data is the new currency and we spend it liberally on social media platforms. how old we are, whether we are in a relationship, what are our political leanings, this can all be gathered and used. cambridge analytica is a company which does exactly that and it is at the centre of a political storm that has rocked one of the biggest companies in the world. it started with an app designed by a british academic that invited facebook users to do a personality test. 270,000 people downloaded the app, it collected personal information on them, theirfriends, theirfriends‘ friends and so on until it had information on 50 million facebook users. t

it's facing investigations by the us federal trade commission, the uk's information commissioner, theopean parliament and a house of commons committee. it follows allegations that information on millions of facebook‘s users was gathered from the site and used for political purposes by the british firm cambridge analytica. that firm's chief executive, alexander nix, was suspended earlier this evening. our business editor simonjack reports. in the information age, personal data is the new currency and we spend it liberally on social media platforms. how old we are, whether we are in a relationship, what are our political leanings, this can all be gathered and used. cambridge analytica is a company which does exactly that and it is at the centre of a political storm that has rocked one of the biggest companies in the world. it started with an app designed by a british academic that invited facebook users to do a personality test. 270,000 people downloaded the app, it collected personal information on them, theirfriends, theirfriends‘ friends and so on until it had information on 50 milli

the facebook fallout — the social media giant face a grilling by the us federal trade commission overhe leak of data on millions of users. taxing the tech titans — how the european commission plans to make companies like google, amazon and facebook pay their fair share. and on the markets the jitters have eased for now with all eyes onjerome powell, the new chairman of the us central bank, as he concludes his first rate setting meeting. as we've been hearing, us regulators are set to grill facebook about it how keeps the data on its users secure. it follows claims that data on more than 50 million users was used by the political consultancy firm. now to getting the tech firms pay more tax. brussels plans to tax companies digital revenue based on where users are located rather than where the hq where users are located rather than where the h0 is. the french government collect over 33% in corporate taxes. this compares to a tax rate seen in ireland ofjust 12.5% so you can see the differences between some countries in europe. under the plans, there will be a blanket of 3% tax on sales co

it's official the us federal trade commission is investigating facebook stock is trying to determine whether the company's privacy practices cause quote substantial injury to uses facebook stock plunged to further the deaths on the news following last week's decline the social media company has been on the pressure following a series of privacy scandals hash tag delete facebook has a new supporter in law and musk the billionaire tech maverick has now deleted the pages of his company's tesla and space x. but that's by no means the biggest low for facebook big advertisers are jumping ship like firefox creator mozilla in speaker manufacturers so knows the privacy scandal is expanding rapidly politicians the world over are raring to take action against data breaches. in the future going to monitor companies like facebook much more closely and as well as punish data protection violations quickly severely and seriously. on friday these images of a police raid on cambridge analytical went around the world the company reportedly misused the data of fifty million facebook users to target elect

the us federal trade commission has confirmed that it's investigating facebook.tions that cambridge analytica had gathered data on 50 million users. the ftc probe follow revelations facebook could face huge fines but said it welcomed the opportunity to answer the regulator's questions. amazon is taking a step into the french grocery market by teaming up with one of the country's biggest grocery brands monoprix. the services will initially be available to amazon prime customers in the paris area. other french retailers have been trying to improve their online offerings so they can compete better with amazon. america's second biggest shopping mall owner is changing hands. brookfield is paying $9.25 billion to take full control of ggp which owns 115 malls. ggp's share price has fallen in the last few years as traditional store based retailers have struggled to compete with online shopping. the german carmaking giant volkswagen is due in court again over the diesel emissions scandal. this time its trying to fend off a class action lawsuit in the uk. tens of thousands

us federal trade commission has confirmed that it is opening an investigation into facebook‘s rules oncy. this comes facebook‘s rules on privacy. this co m es after facebook‘s rules on privacy. this comes after revelations that a political consulting company had been given access to use as people ‘s personal data without their consent. facebook shares have dropped 13% since the scandal broke. we have more about the background behind this probe. this goes back to 2011 when facebook had an agreement with the federal trade commission in the united states and said that the company would always ask express consent from facebook users if it changed its privacy settings. this is called a consent decree. facebook said it would investigate how third parties are given access to users because they do. as a result of that, facebook said if it violated the consent decree it would be fined $60,000 per violation. the consent decree it would be fined $60,000 perviolation. if the consent decree it would be fined $60,000 per violation. if there were 50 million people that they say it might have had thei

us in on what investigators want to know from facebook. this goes back to 2011, an agreement facebook made with the federal trade commission that centred on using someone's data, they had to inform them. facebook or agreed to audit how third parties use facebook data. the consent decree could be violated, a fine could be $16,000 per violation. it could be $16,000 per violation. it could now be $110,000. but if you do some back of the envelope maths, there are approximately 50 million facebook users that are said to have had theirface the facebook users that are said to have had their face the data used by cambridge analytica. if every one of thoseis cambridge analytica. if every one of those is a violation, facebook could face a fine of 800 billion. we don't think that is what the ftc will find them, but facebook, as of right now in the markets, it is only worth $450 billion. these fines are huge for a company like facebook. one thing i want to ask you about, here is some copy in from reuters out of new york: what's going on here, kim?|j what's going on here, kim? i have been telling you how the shares have been telling you how the shares

the us federal trade commission has confirmed it's investigating facebook‘s privacy policies after revelations company, cambridge analytica, had been given access to users' personal data. facebook, which was subject to an ftc inquiry in 2011, said it welcomed the opportunity to answer the regulator's questions. malaysia has proposed making it a criminal offence to publish fake news — offenders could face up to 10 years in prison. opposition groups say the government is trying to silence debate about a corruption scandal involving the prime minister, najib razak, ahead of a a general election. the proposed legislation defines fake news as any report, information or data that is wholly or partially false. more than 60 people, many of them children, have died in a large fire at a busy shopping centre in siberia. emergency services in russia say they're struggling to recover bodies from inside the complex in the industrial city of kemerovo. now, scientists say they've discovered the main reason why whales are so big. it's apparently to retain body heat in chilly ocean waters. a us study found that

an investigation into facebook's now infamous data breach has been launched by the us federal trade commission fifty million accounts are said to have been targeted by the political consulting firm cambridge analysts iker and its parent company now legs have emerged between them and high profile british politicians and even royalty and startling figure explains . at this point you've likely heard of cambridge analytic the company at the center of a media storm who's accused of using massive amounts of stolen facebook users data to influence elections around the world but what about its parent company c l a british behavioral research and strategic communications firm if you take a look at the key figures at s.c.l. you can't miss the connections between the company's board and britain's political military and even royal establishment first there's their sea nigel oaks. oaks comes from a military family and is one of the company's founders he made headlines back in the eighty's during his reported courtship of lady helen windsor the daughter of one of the queen's cousins he once said this about

the facebook fallout — the social media giant face a grilling by the us federal trade commission overlans to make companies like google, amazon and facebook pay their fair share. and on the markets the jitters have eased for now with all eyes onjerome powell, the new chairman of the us central bank, as he concludes his first rate setting meeting.

personal data of late an investigation into the social networks now been launched by the us federal trade commission fifty million accounts is said to have been targeted by cambridge analytic and its parent company i spoke to keith best a campaigner for greater integration and reform of the e.u. he says it'll be hard though to determine exactly how much influence was exerted up to that big. to the trouble is it's going to be very difficult to prove the nexus between any kind of illegal activity and people actually being persuaded to vote in a way that they might not otherwise have done it's going to leave a lost the smell over the whole campaign and the result of the referendum only inferring this both sides of the campaign were were entertaining. people's fears and trying to engage them in that way but you know tried to distill forty years more than forty years of close involvement with the you into a yes no answer in a referendum was a crazy thing to do in the first place links of all submerged between cambridge analytical and a high profile british politician even royalty is jacqueline explained.

competing wesson cooking oil brand smucker and parent corporation con agra relented after the us federal trade commission said the proposed merger would allow smucker and parent company con agra to control over seventy percent of the cooking oil market and raise prices and similarly while tom in tech merger sector has modified its response to a challenge from regulators they say that. com says that they are trying to buy chip maker chip maker broadcom by proposing to focus on upgrading the five g. network in the united states next we're going to go to deron marble marble was at a summit he was in the bahamas there was at a summit in the bahamas and he's going to tell us about that summit coming to coming to us from los angeles there are you there i'm here thanks for having me back on bart it's an honor. great sorry for the shuffle step step there in a little technical problem let me ask you about the conferences the first one i know it's rough duty in the bahamas but tell us what was it was taking place there so polymath network sponsored an incredible conference called polly kahn in nassau bahamas it wa

data big time of course an investigation into the social networks now been launched by the us federal trade commission seemed fifteen million accounts are said to have been targeted by cambridge analytical and its parent company this issue. and i mean we were affronted during the campaign by the vote leave the so-called battle bus which went around. and with a great big slogan on the side saying three hundred fifty million pounds a week can go back to the n.h.s. when it was a totally inaccurate figure wasn't the net amount that we were paying into the european union anyway it was counted out of thin air and that really set the tone for the whole campaign and i'm afraid i think a lot of people were told a lot of in accuracies only infer in this both sides of the campaign were were entertaining. people's fears and trying to engage them in that way but it meant that it was a pretty lousy campaign and people weren't really given the facts but you know tried to distill forty years more than forty years of close involvement with the you into a yes no answer in a referendum was a crazy thing to do over the p

facebook is being investigated by the us federal trade commission over the alleged misuse of user datater allegations that 50 million facebook users' private information was misused by research firm cambridge analytica. the uk—based firm suspended its chief executive on tuesday. we'll get more on this story later in the programme. china's tencent, the owner of the popular we—chat messaging app, is now about $72 billion more valuable than facebook as the us social networking giant deals with a string of controversies. there is a lot going on in financial markets at the moment. tencent is due to reports its latest set of financial results later today. sarah toms is in our asia business hub in singapore. sarah, this is interesting, how things are changing. as facebook foals, tencent is seen as more valuable? that's right. tencent is often known as china's facebook. it seems very appropriate at the moment. the two social media giants have been neck and neck in value for quite some time. but now the gap has widened after the crisis. billions, tens of billions of dollars in fact have been wi

the us federal trade commission has launched a probe into the company and has the power to levy colossales. the company has seen $50 billion wiped off its value in the last two days. so, could this scandal mark a moment of reckoning for the way we share and companies use our personal data? i think for the first time, things that people suspected have surfaced thanks to the testimony of whistle—blowers. now we are finally seeing that the leaders of these companies are being called to testify in front of parliaments. they are being held to account in the media, analysts in the financial industry are dumping their stock as a vote of no—confidence. this is a real moment where it is going to incentivise change. the facts of our lives are valuable. facebook founder mark zuckerberg has built a fortune out of them. politicians on both sides of the atlantic want him personally to explain how they are used. our technology reporter dave lee in san francisco has more on the lack of response from facebook. we have not yet heard from the founder and chief executive of facebook, mark zuckerberg. we hav

and facebook shares have shrugged off confirmation from the us federal trade commission that it's investigatingeversed monday's losses to close slightly up. the ftc probe follows the revelations that cambridge analytica had gathered data on 50 million users. facebook could face huge fines, but said it welcomed the opportunity to answer the regulator's questions. a unit of taiwan's foxconn is planning to buy belkin international — a maker of smartphone accessories — for 866 million dollars. it's part of foxconn‘s efforts to expand into branded goods. our asia business correspondent karishma vaswani is in singapore with more on this story. what is the reaction to this? it is not a done deal. it isn't at all, and it is important to underline that currently it has to be approved by the committee for foreign investment in the united states. just to remind our viewers what is at stake here, it is the cable and connector division of foxconn, and that company, that unit of foxconn which is based in taiwan, is planning to buy belkin international, and that makes smartphone accessories, things like wi re

competing wesson cooking oil brand smucker and parent corporation con agra relented after the us federal trade commission said the proposed merger would allow smucker and parent corporation con agra to create troll over seventy percent of the cooking oil market and raise prices meanwhile a proposed merger in the tech sector her. has been modified in response to a challenge from regulators singapore based broadcom is trying to save its bid for u.s. chip maker qualcomm by promising to focus on upgrading the five g. network in the united states earlier this week we reported that the committee on foreign investments in the united states has asked broadcom to put off the meeting to consider takeover bid citing national security concerns and on the labor front teachers in west virginia claimed a rare victory for labor after a nine day strike state legislators met striker's demand for a five percent pay raise and critically putting the whole putting a hold on surance costs that were set to increase however teachers now face a fight over how to finance the pay raise and reform the public employees insurance agen

and other companies of move forward since new president cyril ramaphosa took office the us federal trade commission is investigating facebook the consumer watchdog is trying to determine whether the company's privacy practices caused substantial injury to uses facebook stock plunged to further depths on the news following last week's decline the social media company has been under pressure following a series of privacy scandals. hash tag delete facebook has a new supporter ilan musk the billionaire tech maverick has now deleted the pages of his company's tesla and space x. but that's by no means the biggest blow for facebook big advertisers are jumping ship like firefox creator mozilla speaker manufacturers so knows the privacy scandal is expanding rapidly politicians the world over are raring to take action against data breaches. in the future are going to monitor companies like facebook much more closely and as well as punish data protection violations quickly severely and seriously. on friday these images of a police raid on cambridge analytical went around the world the company reportedly misus

us. the federal trade commission could impose huge fines on facebook because of this.od to be looking at facebook so at the moment mr zuckerberg has had to choose his words very carefully, which could be one reason why it took them quite so long to publicly address this problem which, frankly, it is not show any signs of going away even after this statement. dave lee in san francisco. joining me now from bromley is journalist alex hern. he is the digital features writer for the guardian newspaper. what do you make? i think dave was right, the lack of apology will rankle lots of people. mark zuckerberg and facebook a problem, cambridge analytica and the app developer took advantage of a feature which facebook puts into the site in 2007 and removed years later in 2015, which let any developer take vast amounts of data from people with only their friends‘ consent. amounts of data from people with only theirfriends‘ consent. that was a terrible idea at the time, even worse in hindsight. any other company would have a response, which is to go that was a mistake, we did it i

used. >> the federal trade commission is now investigating facebook's privacy practices. we will take a look at starts here. facebook's stock went down. the dow jones has had a very good day. dow jones up almost 600 point. 82 and half percent. >>> president trump expelling 60 russian of phil -- officials. this move is in reaction to the poisoning of a former russian spy and his daughter in england this month. both remain in critical condition. the expelled russians will have seven days to leave the united states. the european union also announces -- announced that 14 member nations have expelled a total of 30 russian officials. russia has announced it plans to counter the expulsions. >>> we're learning more on an adult film actress office alleged affair with president trump. >> more on what stormy daniels said in a television interview. >> did you go to the police expect no because i was scared. >> reporter: stormy daniels, the former adult actress allegedly paid to cover up an affair with president donald trump, telling her story on 60 minutes. she said she was physicall

in the us, the federal trade commission is reported to be investigating. here, the information commissioner's office said it's applying for a warrant get access to cambridge analytica; and told facebook to drop its own audit of the controversial political data intelligence firm. it was a sign that the authorities here — as elsewhere — are not going to let facebook act as though this is a little local difficulty, that can be dealt with via an in—house memo telling people to wash the coffee cups. authorities across the west have are shocked at the way facebook let app developers harvest data, and then break all the rules by passing it onto others. and not tell anyone when they discovered rules had been broken. how should we describe facebook‘s attitude to the date of its users at the time cambridge analytica had taken possession of so much of it? permissive? certainly — that in fact was the goal. app developers could make better apps for use on facebook if they could get the data. careless ? well, yes. at that time apps didn'tjust hoover up the user's data b

they are being investigated by several very influential groups, particularly in the us, the federal trade commissionk and at the moment mr zuckerberg has had to choose his words very carefully, which could be one reason why it took them quite so long to publicly address this problem which, frankly, does not show signs of going away even after the statement today. thank you very much, dave lee in san francisco. the foreign secretary has compared russia‘s staging of the world cup this summer to hitler hosting the olympics in nazi germany. —— hosting the olympics. borisjohnson also says that he is "deeply concerned" about how british fans may be treated at the world cup. 0ur diplomatic correspondent james landale reports. in salisbury, the investigation into the nerve agent attack on sergei skripal and his daughter continued, as the diplomatic row between britain and russia threatened to damage sporting relations too. this summer, england‘s football team will travel to russia for the world cup and they‘ll be accompanied by thousands of british fans — and the government‘s worried about their safety. we‘

use of personal data. >> the federal trade commission is being asked to get involved. >> this stems from news that the come campaign hired a data analytics firm that gathered personal information from about 50 million facebook users. they suspended their ceo today after the release of an undercover video that seems to show the ceo discussing bribery and entrapment of political opponents. according to the firm, his comments were released. cambridge analytical was suspended on friday after reports the company had not deleted the user information they collected despite facebook's requests. cambridge analytical denies any wrongdoing. but if federal regulators determine that facebook players played a part, they could be fined up to $40,000 for each violation. >> if the industry won't solve these kinds of problems themselves, we will have to solve them with legislation. facebook should have had a way to verify everything. and not being sloppy about it. apparently, they did not do this. so, we will have to find out why. >> this recent revelation has many people thinking twice about giving that personal informatio

michael finney alerted us to this recall yesterday. the federal trade commission says they can overheat and catch fire. an estimated 260,000 were sold between 2014 and 2017. you can find the exact model numbers on our website, abc7news.com. if you have one, stop using it immediately and contact amazon for a refund. >>> another turn in the taser debate. the move expected to address the concern of critics. >>> also, caught on video, a girl waits to cross a busy street in san jose. it's what happens next that has police searching for a driver this morning. >>> also an accident in a monterey county school sends a student to the hospital. why it could add fuel to the debate over arming teachers. debate over arming teachers. ♪ >>> good morning. it's 5:00 a.m. on this wednesday, march 14th. >> you're never more than seven minutes away from your accuweather forecast. don't put away your umbrella just yet, right, mike? >> yes, that is a good point. because we have rain today, tomorrow and even friday. or at least chances of it. not all of us getting rain this morning. it's

officials from the federal medications commission and the federal trade commission talk about the techniques usedy telemarketers and ways to prevent illegal calls. this is just under. >> good morning everyone. welcome to

the us federal trade commission hasjust said it has an open nonpublic investigation of facebook‘s privacyrty. his supporters claim he‘s the victim of a politically motivated smear campaign. 0ur correspondent eleanor garnier is in westminster. there are those who are defending him but it‘s clear he‘s under a lot of pressure on this. that's right, he is, what is striking about statement from the british board, but also from the jewish statement from the british board, but also from thejewish leadership council, is that their criticism is specifically aimed atjeremy corbyn directly, he is blamed politically and personally for allowing the culture to build up inside the labour party that has, they say, a loud expressions of anti—semitism to be made without concern. i‘m joined by graham bash from thejewish voice for labor. —— labour. do you accept there are pockets of anti—semitism in the labour party and thatjeremy corbyn has been left wanting on this issue? i do not accept jeremy has been left wanting at all. i know what anti—semitism is, i've experienced it all my life, especially when i wa

sides of the atlantic zuckerberg's been called to testify before the us senate judiciary committee. and the federal trade commission launched an investigation into facebook's privacy practice. meanwhile the potential impact of the data breach is expanding. on top of donald trump's election campaign in the united states the whistleblower at the heart of the scandal to british lawmakers facebook's user data was likely also used by the official campaign backing britain's exit from the u.. i think it's simply means of our society that it could have been a different outcome. of our feelings an. you know how they're not being in my view g.. as for wiley says the british company cambridge analytica and canadian company aggregate i q. use facebook's user data to influence elections. both companies have denied this small facebook says it wasn't where the data were being used in this way. the european union has about four weeks until it's temporary exemption from u s tatariffs onn steel and aluminum imports expires. german ministrations aston over allies defeated better trading terms inn order to win permanent exexemptions.n

the federal trade commission in the us is investigating facebook‘s privacy policies in response to thecal consulting company, cambridge analytica, was given access to users' personal data. a statement from facebook welcomed the opportunity to answer regulators' questions. it was subject to an ftc inquiry in 2011. the former president of brazil, luiz inacio lula da silva, has lost his latest appeal against a corruption conviction which could see him jailed for 12 years and terminate his hopes of running for office again. the supreme court will decide next month whether he can remain free while he appeals to higher courts. at least 60 people — including many children — have died in a fire at a busy shopping centre in russia. emergency services in siberia are struggling to recover bodies from inside the complex, in the industrial city of kemerovo. a security guard is among five people who've been arrested. investigators say fire exits were blocked and the alarm system had been turned off. sarah rainsford reports. it was a children's play area on a busy sunday afternoon. and then this. a s

for us, for the federal trade commission, it has to be the sale of a good or product or the solicitation of a donation. informational calls are not covered, so when michele and kevin gave the example of the school call, the appointment reschedule call, the doctor's office call, those are not telemarketing under the federal trade commission's rules and i want to make one additional point on scope of coverage. calls that use sound board technology or avatar technology, which we often see used by for profit telefunders, those soliciting charitable donations on behalf of others, the ftc considers those robocalls and they are not permitted. thank you. >> so our primary authority comes from the florida unfair and deceptive trade practices act. we also have other florida state law like the florida telemarketing act that we can enforce in court. we also have the ability to enter into federal court and enforce provisions of the tcpa and the tsr and we have partnered with the federal trade commission to bring actions in federal court and have obtained very successful results. >> great. thank you.

using it immediately and contact amazon for a refund. >>> a bay area mattress company charged with falsely claiming it's products were assembled in the united states has settled with the federal trade commission also uses the name nectar sleep and dream cloud. nectar's promotional materials claim that it's products were assembled in the u.s., but the assembly was actually done in china. >>> when it comes to student loan debt, women owe less but worry more than men. that according to a research survey by student loan hira. on average women owe $18,000 less than men. but 28% of men surveyed that their student loan debt was not at all manageable. compared that to 13% of men who felt that way. women were also less likely to take out loans for education and felt less prepared for retirement. i want to hear from you, my "7 on your side" hot line is open daily in 9:00 to 2:00. >>> all right, a south carolinamcarolina man is alive today thanks to his 9-year-old neighbor. he was working on his car when his jack slipped and that car fell right on top of him. for 30 minutes he screamed for help. eventually his neighbor malichai coffee heard him and ran to help. >> he kept saying he was stuck up under so

us more. >> reporter: launching a formal investigation, the federal trade commission now says it has substantialhe privacy practices of facebook. after third parties access to personal data of millions of unsuspecting users. the investigation comes just as some android users express outrage discovering facebook and tracking and saving phone calls and text messages going back years. in seattle, brian wisty says he agrees to let the instant messenger app access his own phone contacts. >> to find out they grabbed a whole lot more than i intentionally handed them. yeah, i feel like i've been had. i feel like i've been hustled. >> reporter: facebook insists users consented when they approved access to contacts and they can turn it off at any time. calling facebook's privacy issues dire, tim cook joined ibm's ceo in suggesting new privacy laws may be necessary. >> the privacy issues experienced with facebook are actually more serious and bigger than the conversations we had during the equifax breach. >> cyberpros say facebook users should tighten their privacy settings now. if you want to see the info

our top story, facebook is under investigation by the federal trade commission over use of personal data million users by a data analytics firm to help -- that helped elect president donald trump is up joining us now to discuss in washington is sarah. we are hearing from lawmakers asking and demanding that the ceo of tech companies including mark zuckerberg make an appearance in congress which see have not stop will we any new regulations coming from this? where would they be from? >> i think the u.s. federal trade commission is looking into whether facebook violated terms, the consent decree that they were under since 2011. the federal trade commission has a consumer protection mandate and they have been one of the teams in washington to look into this. what happened in 2011, they said the ftc had to give users the informedty to give consent. they were going to share their information with both parties. the question that they will be looking at according to a person theliar with the agency, question is whether facebook users had been allowed to give their consent are giving the analytic

us election drawing as scrutin. facebook representatives at every few asking questions he's on wednesday can analytic is ceo suspended federal trade commission uk e.e.e. lawmakers all demanding answers on how the consultingng firm harvested and use facebook data from tens of millions of us voters. without right arouns the details. another difficult day for facebook. this time a uk summons for ceo mark zuckerberg. who has been asked to give evidence to a british parliamentararararar compans rings to cambridge analytical? a british political consulting firm. it was a lower says cambridge analytical misuse data is collected from facebook users and weaponized in the twenty sisixteen at us presidential election this data was with misappropriated and is and i i think that they need to be investigated for us. now we're in the information commissioner is seeking a warrant to search cambridge analytical computer servers. the firm has already missed a monday deadline to provide access to these records. did you to the bbc elizabeth denham's of the facebook inquiry was part of a larger investigation of some thirty organizations use of personal data for

in 2011, they signed a consent decree with the federal trade commission, promising not to allow unauthorized useusers' profile data. nix's admission suggests facebook may have violated that agreement. roger mcnamee, an early investor in facebook, is now a critic of the company. >> i think there is a giant problem for facebook, and frankly, for democracy in the united states. >> reporter: sam lester, with the electronic privacy information center, agrees. >> users had no idea that cambridge analytica was accessing this data. it's a clear violation of the 2011 consent order. >> potentially, it could cost them $40,000 for every offense, times 50 million people. >> reporter: that could total more than $2 trillion in fines. mcnamee says mark zuckerberg's silence is disappointing. >> you don't get to make a billion dollars, or in mark's case, you know, tens of billions of dollars, without being responsible for the consequences of your actions. >> reporter: a facebook spokesperson said today the entire company is outraged they were deceived by cambridge analytica, but lawmaker centers both congress and

the company is accused of using the information to pinpoint political ads in favor of president trump in the 2016 election. the u.s. federal trade commission into it and the british parliament is calling on facebook founder mark zuckerberg to testify. >>> president trump once again called out the bay area for not cooperating i.c.e. officials. sacramento sheriff scott jones was part of the discussion at the white house. he told the president he was at ground zero in the debate and that there are failures every, single day in california. >>> arrested by i.c.e. agents earlier this month in southern california, this woman has been released from custody. the government had accused her of being part of a human smuggling ring. >>> this morning, we are getting a look at a gunman accused of firing shots at a maryland high school and the sro who confronted him. a boy shot a 16-year-old girl. school resource officer blaine gaskill shot the shooter. >>> a suspected serial bomber marc anthony condit is dead after a chase in a suburb of austin. condit killed himself after detonating an explosive device inside his vehicle. the five connected explosions t

officials from the federal medications commission and the federal trade commission talk about the techniques used by telemarketers and ways to prevent illegal calls. this is just under. >> good morning everyone. welcome to the fcc, ftc policy forum on fighting the scourge of illegal robo calls. i'm patrick weber, chief of the consumer and governmental affairs bureau at the fcc. we are very pleased to join forces with the ftc to further the fight against illegal robo calls and caller id speed. online calls are a major source of complaints to the sec and ftc and we look forward to the policy discussions today that will address ways to protect consumers and encourage the development of private-sector solutions. this morning will hear remarks from fcc and ftc leadership. we will also hear from a diverse group of speakers on three moderated panels focusing on challenges facing consumers and industry today i'm a recent regulatory enforcement efforts, solutions and tools for consumers. today's policy forum is being streamed live with captions on the sec website and will be posted for later viewing once

after revelations that facebook data was used by a british firm cambridge analytica, which worked on president trump's election campaign. >> the federal trade commission is now investigating the social network, so are the attorneys general in new york and massachusetts. >> facebook will brief the house judiciary committee about this and today it held an emergency meeting with it's employees. >> neither mark zuckerberg or sheryl sandberg was there. the facebook statement says the entire company is outraged that we were deceived. >> reporter: facebook is facing strong head winds as investors continue to hammer the stock. >> i imagine that users voted with their own feet is what the company is the most concerned about. >> reporter: the senior director at santa clara university's applied ethics. she says facebook can expect scrutiny by its 1.4 million users and advertisers. >> i think both the regulatory market and the consumer market will rein them in. >> reporter:. the company would only say it was part of a regular gathering on a range of topics. captain keller, a specialist in corporate liability and responsibility at stanford's center for internet an

us >>> the u.s. federal trade commission saying it has opened an investigation into facebook's privacy practices.ely a coalition of 37 state attorneys general are demanding answers. shares of facebook fell by more than 6% after that news before recovering to close fractionally higher stock was up slightly. remember on a day that the market was up by 3%. >>> let's get you caught up on the markets at this hour as the dow logged its third largest point gain in history. joining us is karen cavanaugh, she is senior market strategist at boya investment and david bonson is joining us we had january, ladies and -- lady and gentleman, and then we have davos where everybody said this is going to last forever and these are the great he was times we've ever seen and there's nothing to worry about and since then we've seen 5 and 600 points either up and down routinely. the vix is suddenly back in play we've made very little head way. still down double digits. >> that means the grind higher isn't going to be as easy as it was last year. let's face it, the fundamentals are stronger than ever the economy is acce

us. the facebook fallout is continuing with the u.s. federal trade commissionnching an investigation into how the social media network handles information about its users. the fshtc says there are substantial concerns about privacy practices at facebook. lawyers ahave also written facebook demanding answers over their alleged role in the data compiled by cambridge analytica. arjun, you're still with us, thanks for sticking around how do you read this facebook story from here? is there anything that the company can do to get the public to trust them again? >> i think there needs to be a lot of work done in the way they communicate what they do with the data a lot of people are downloading the stuff that people knows about them you look at that and say look at the amount of data, all the message history. then you think hold on, i uploaded that picture. i sent that message. i posted that status that's what people are realizing now, their data hygiene over the past few years has been poor and their footprint is all over the internet that's what we're seeing now peo

federal trade commission is investigating facebook's the consumer watchdog is trying to determine whether the company's privacy practices cause substantial injury to uses facebook stock plunged to further depths on the news following last week's to climb the social media company has been under pressure following a series of privacy scandals including accusations of data misused by consulting group cambridge analytics affecting fifty million facebook users in the u.s. . entrepreneur and sort of mentor joins us now from washington county facebook has done nothing wrong here i mean what on earth did we think facebook was doing with our data if not sharing it with third parties to target us. i am pretty sure that most people were not thinking. that they're actually actively sharing their data they were intrigued to play funny games or two polls on facebook and really engaged there's also peer pressure so you at facebook you can always see that many of your friends have already participated so it's really easy to forget that you're actually actively sharing your data at all times when you upload things or when you click on things that facebook right and i w

and could robert mueller use any of it in his investigation? and the federal trade commission says it's investigating facebook. new calls growing for ceo mark zuckerberg to testify on capitol hill. whether we'll hear from him in the after math of the data mining scandal, and will facebook ever win back the public's trust? stay close. >> i invite mr. zuckerberg, come work with us. they need to work with us to try to get it right. if you have moderate to severe plaque psoriasis, or psoriatic arthritis, little things can be a big deal. that's why there's otezla. otezla is not an injection or a cream. it's a pill that treats differently. for psoriasis, 75% clearer skin is achievable with reduced redness, thickness, and scaliness of plaques. and for psoriatic arthritis, otezla is proven to reduce joint swelling, tenderness, and pain. and the otezla prescribing information has no requirement for routine lab monitoring. don't use if you're allergic to otezla. otezla may cause severe diarrhea, nausea, or vomiting. tell your doctor if these occur. otezla is associated with an increased

using facebook data to track data. >> they started off with growing legal troubles and backlash. first, the federal trade commission announced it is investigating status -- facebook's data. this announcement sent facebook's stock down more than 5%. levels not seen since july of last year. shares rebounded but they are still down more than 15% from last month high. a group of 37 state attorney general's issued a demand for mark zuckerberg to explain the data protection practices. it follows a report that facebook saves extensive call and text data made by certain android users pick the company clarified that it only collects that kind of data on users who opt in. intense criticism has been mounting since news which worked with the 2016 trump presidential campaign gained access to the personal data. mark zuckerberg has taking out full-page ads to apologize for a breach of trust in the cambridge analytical scandal. russell hancock is ceo of joint venture silicon valley. they need to be right in the eyes of their customers. because a member, they are always right. they are now voicing real concerns. >> they say that th