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Acxiom CEO says data industry bracing for regulation

SAN FRANCISCO Companies that buy and sell consumer data are preparing for increased scrutiny from U.S. lawmakers after a scandal over how social network Facebook handles personal information, Acxiom Corp's chief executive said on Friday.

Tech tumbles ahead of crucial week for quarterly results

SAN FRANCISCO U.S. technology stocks tumbled on Friday ahead of a crucial week of quarterly reports from Alphabet, Facebook and other heavyweights as investors worried that the high-performance sector may be running out of fuel.

Tech, Apr 20 2018

Facebook's damage limitation drive hits trouble in Germany

BERLIN/FRANKFURT Facebook's attempt to limit fallout from a massive data breach hit trouble in Germany on Friday as a privacy watchdog opened a case against the social network and politicians accused its bosses of evasion.

Hamburg data protection officer opens non-compliance procedure against Facebook

BERLIN Hamburg's data protection ombudsman has opened non-compliance procedures against Facebook, which has been accused of abusing its users' data, a spokesman for the representative said.

Tech, Apr 20 2018

Indonesia demands more answers from Facebook on data misuse

JAKARTA Indonesia has given Facebook a week to provide more information on how personal data of about one million of its citizens was misused and on the steps the company is taking to prevent such breaches, the country's communications ministry said.

Tech, Cybersecurity Apr 20 2018

PwC had cleared Facebook's privacy practices in leak period

Facebook Inc's privacy practices were cleared by auditing firm PricewaterhouseCoopers LLP in an assessment completed last year of the period in which data analytics consultancy Cambridge Analytica gained access to the personal data of millions of Facebook users.

Tech, Cybersecurity Apr 20 2018

German lawmakers to grill Facebook manager on data privacy

BERLIN German lawmakers will question a senior Facebook Inc manager about data privacy in the wake of revelations that the personal information of millions of users wrongly ended up in the hands of political consultancy Cambridge Analytica.

Tech, Cybersecurity Apr 19 2018

Exclusive: Facebook to put 1.5 billion users out of reach of new EU privacy law

SAN FRANCISCO If a new European law restricting what companies can do with people's online data went into effect tomorrow, almost 1.9 billion Facebook Inc users around the world would be protected by it. The online social network is making changes that ensure the number will be much smaller. | Video

Tech, Apr 19 2018

British lawmakers to interview Cambridge academic Kogan over Facebook data

LONDON A Cambridge University academic who harvested data on millions of Facebook users will appear before a British parliamentary committee investigating the scandal on April 24.

Tech, Apr 19 2018

Thursday Morning Briefing

North Korea has expressed its commitment to “complete denuclearization” of the Korean peninsula and is not seeking conditions, South Korean President Moon Jae-in said today, as the United States vowed to maintain “maximum pressure” on Pyongyang. https://www.reuters.com/article/us-northkorea-missiles/north-seeks-complete-denuclearization-says-moon-as-u-s-vows-continued-pressure-idUSKBN1HQ1BK