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Cambridge analytica News
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Facebook agrees to pay $725 million as a settlement to resolve lawsuit.
Facebook was accused to share users' personal information to third parties like Cambridge Analytica.
Cambridge Analytica, now defunct, worked for Donald Trump's successful presidential campaign in 2016.
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The depositions are set to happen sometime before September 20.
The deposition comes as part of a lawsuit filed in a California court.
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The CBI has now registered a case against the UK-based Cambridge Analytica and Global Science Research Ltd for illegally harvesting data of the India Facebook users.
The central agency has alleged that Cambridge Analytica and Global Science Research Ltd have illegally harvested data of the Indian users for commercial purposes
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The CBI is examining a set of fresh details shared by Cambridge Analytica and Facebook in its ongoing probe related to data harvesting of details of Indian voters from the social networking platform, officials said on Thursday.
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The stock of the world`s largest social media company fell 7.25 per cent, its biggest intraday drop since July, taking losses for the year to about 24 per cent.
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The IT ministry is in the process of seeking suggestions and feedback from the general public on the draft Bill, and is learnt to be keen on introducing it in the ensuing winter session of Parliament.
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Union Law and IT Minister Ravi Shankar Prasad had told Rajya Sabha last month that the probe will be handed over to the CBI.
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Choksi, wanted in the Rs 13,500-crore PNB case along with nephew and diamond trader Nirav Modi, has taken the citizenship of Antigua.
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The Central Bureau of Investigation (CBI) will be probing the Cambridge Analytica data breach, IT Minister Ravi Shankar Prasad said on Thursday. The Centre has been sending notices to Cambridge Analytica but there have been no replies, Shankar said.
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Crimson Hexagon has had contracts in recent years to analyse public Facebook data for third-party clients and collected more than 1 trillion public social media posts from Facebook, Instagram, Twitter, Tumblr etc.
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Facebook already has two patents titled Dynamic eye tracking calibration and Techniques for emotion detection and content delivery.
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Cambridge Analytica filed for bankruptcy earlier this year after former employees alleged that it used personal information harvested from Facebook accounts to target voters during Donald Trump's 2016 US presidential campaign.
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Cambridge Analytica used the data of millions of Facebook users to target ads during political campaigns, including the US presidential vote.
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Facebook has come under scrutiny for the way it handles personal data.
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Facebook pulled or slapped warnings on nearly 30 million posts containing sexual or violent images, terrorist propaganda or hate speech during the first quarter.
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Responding to calls for transparency after the Cambridge Analytica data privacy scandal, Facebook said those closures came on top of blocking millions of attempts to create fake accounts every day.
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The data set was collected via the personality quiz app "myPersonality" by academics at the University of Cambridge.
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The apps were suspended pending a thorough investigation into whether they misused any data, said Ime Archibong, Facebook`s vice president of product partnerships.
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"We are committed to protecting people's information and safeguarding the integrity of elections in India," a Facebook spokesperson said in an e-mail.
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While the company maintains it is not guilty of acquiring user data illegaly, Cambridge Analytica has reportedly issued a statement saying losing customers has forced it to shut down operations.
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