Facebook faces growing pressure over data and privacy inquiries

Source: Cecilia Kang, N.Y.Times (Paid Registration)

Federal regulators and state prosecutors are opening investigations into Facebook. Politicians in the United States and Europe are calling for its chief executive, Mark Zuckerberg, to testify before them. Investors have cut the value of the social networking giant by about $50 billion in the past two days.

They are all focused on the same thing: whether Facebook mishandled users’ data.

 

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