Cambridge Analytica suspended its CEO Alexander Nix Tuesday after an undercover recording showed him bragging about illegally influencing political campaigns. The firm was already under fire for its role in the Facebook data scandal. Many of that company’s top executives, including CEO Mark Zuckerberg, have stayed silent the last few days and even skipped out on a company-wide meeting Tuesday. These two strands together indicate potential turmoil at the top of both companies, according to Jesse Byrnes, Associate Editor of The Hill. “I think we’re seeing the gravity of the issue playing out now,” he told Cheddar. “We’re seeing lawmakers...calling for the top executives to make public appearances and to be answering questions.” Late last week, news broke that data company Cambridge Analytica had used Facebook to collect data on millions of Americans without their permission. It then used that information to create personality profiles which were allegedly passed on to President Donald Trump’s campaign team before the 2016 election. Its transgressions may have surpassed that -- in a video from Britain’s Channel 4 news, Nix talked about entrapping politicians with sex workers and his willingness to take bribes. The exec further boasted about the company’s role in electing Trump. Also on Tuesday, Facebook came into the crosshairs of the Federal Trade Commission, which launched a probe into how the social media company used data from Cambridge. “[They’re] going to be interested to see if Facebook allowed Cambridge Analytica to access this information and...whether they were at least knowledgeable about this,” said Byrnes. Facebook said in a statement that in 2015 it asked Cambridge Analytica to delete all the data it had collected. It denied it knew Cambridge ignored that request and so suspended the company from its platform. Not only does this controversy add to questions about Facebook’s privacy and data protection policies, it’s also given rise to the #DeleteFacebook campaign, which some say could eventually gain traction. “I think people are going to reach a moment where the straw kind of breaks the camel’s back,” said Damon Beres, Executive Editor at Mashable. “We’ve been hearing so much about all these bad things that are happening because of Facebook...I would not be surprised if eventually people say enough is enough.” Investors may be nearing that breaking point too. Facebook’s stock continued its downward trajectory on Tuesday, slipping another 2.5 percent after Monday’s near seven percent drop. For the full interview, [click here](https://cheddar.com/videos/facebook-under-fire-what-the-u-s-could-learn-from-the-eu).

Share:
More In Politics
Maxwell Frost, Candidate for Congress in Florida, on Top Gen Z Voter Issues
Meet the new generation running for office in the midterm elections. Maxwell Frost, a 24-year-old Democrat, is the youngest candidate running for Florida’s 10th congressional district. A member of Gen Z (those born after 1996) Frost spoke to Cheddar about objectives that he believes are top of mind for his age bracket, including tackling gun violence, healthcare for all, and LGBTQ+ rights, especially in light of his state's recently enacted, so-called “Don’t Say Gay" law.
U.S. To Release 1 Million Barrels Of Oil A Day To Lower Gas Prices
President Biden has announced a historic release of oil from the U.S. reserves in an attempt to cut down surging gas prices across the country. The administration will release 1 million barrels of oil per day for the next six months, marking the largest withdrawal in the nearly 50-year history of the country's emergency supply of oil. Patrick DeHaan, Head of Petroleum Analysis at GasBuddy, breaks down why the Biden administration is making this unprecedented move, and what impact it could have on prices at the pump.
Need2know: War Crimes, Sacramento Shooting Arrest & Aluminum Shortages
Catching you up on what you need to know on April 5, 2022, with Biden's call for a war crimes trial for Putin, another arrest made in the Sacramento mass shooting, NYC rolling out a campaign against Florida’s "Don’t Say Gay" bill, an aluminum shortage potentially affecting beer and cat food cans, and more.
Sacramento Mass Shooting Raises Questions on How to Curb Rising Gun Violence
After a devastating mass shooting in Sacramento over the weekend that killed six people and wounded a dozen more, arguments about gun reform are also resurfacing. David Pucino, deputy chief counsel at Giffords Law Center to Prevent Gun Violence, joined Cheddar News to talk about efforts to curb gun violence such as community intervention programs — and the more that needs to be done by lawmakers. "One thing that would be really important is at the federal level closing the loopholes that allow for private sales to go forward without a background check," he noted.
Load More