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Factbox: Who is Cambridge Analytica and what did it do?

British data analytics firm Cambridge Analytica is at the center of controversy in the United States and Britain after two newspapers reported on Sunday that the company harvested personal data about Facebook users beginning in 2014.

Facebook under pressure as U.S., EU urge probes of data practices

British privacy regulators are seeking a warrant to search the offices of the political consultancy Cambridge Analytica late Monday following reports that the company may have improperly gained access to data on 50 million Facebook users, according to a Channel 4 television report.

Privacy issues emerge as major business risk for Facebook

Facebook faces substantial business risks from new European Union privacy rules set to take effect in May, a looming reality that came into stark relief over the weekend with revelations that a controversial political consulting firm had improperly obtained personal data on 50 million Facebook users.

'Socially responsible' investors reassess Facebook ownership

With European and U.S. lawmakers calling for investigations into reports that Facebook user data was accessed by UK based consultancy Cambridge Analytica to help President Donald Trump win the 2016 election, investors are asking even more questions about the social media company's operations.

Supreme Court upholds Pennsylvania election map in win for Democrats

In a boost to the Democratic Party's chances of winning back the U.S. Congress this year, both the U.S. Supreme Court and a Pennsylvania panel of federal judges on Monday rejected Republicans' efforts to block the state's new congressional district map from taking effect.

U.S. Senate advances bill to penalize websites for sex trafficking

The U.S. Senate voted 94-2 on Monday to advance legislation to make it easier to penalize operators of websites that facilitate online sex trafficking, setting up final passage of a bill as soon as Tuesday that would chip away at a bedrock legal shield for the technology industry.

Dropbox IPO oversubscribed: sources

Cloud storage company Dropbox Inc's initial public offering was oversubscribed, two people familiar with the matter said on Monday, indicating healthy demand for the first big tech IPO this year even as tech stocks opened the week on sour note.

Trump says he is working to lower prescription drug prices

President Donald Trump promised to bring down prescription drug prices on Monday, saying U.S. citizens pay far more than people in other countries do for the same product and that his administration would announce new measures in about a month.


Exclusive: Trump to boost exports of lethal drones to more U.S. allies

WASHINGTON President Donald Trump will soon make it easier to export some types of lethal U.S.-made drones to potentially dozens more allies and partners, according to people familiar with the plan. | Video