Business A.M
No Result
View All Result
Wednesday, April 1, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home WORLD BUSINESS & ECONOMY

EU says Facebook’s response to data scandal has ‘diminished’ trust

by Admin
March 27, 2018
in WORLD BUSINESS & ECONOMY

The European Union has said Facebook must do more to address allegations of large-scale data mining, warning that the recent Cambridge Analytica scandal threatens democracy and has diminished trust in the social media giant.

Vera Jourova EU Justice Commissioner, wrote to Sheryl Sandberg, Facebook ’s chief operating officer, in a letter seen on Tuesday that the issue has broad “consequences for the democratic process.”

Jourova added that her concerns were “not alleviated’’ by Facebook’s response to the scandal.

“This is particularly disappointing given our efforts to build a relationship based on trust with you and your colleagues,” Jourova wrote. “This trust is now diminished.”

Facebook has long been used for political marketing, she noted, adding that the apparent lack of transparency and alleged abuse of personal data could have a “negative impact on the quality of this debate and even on our electoral process.”

The commissioner called on Facebook to “take steps to regain the trust of its users and meet its obligation to society.”

Jourova asked whether the data of EU citizens had been affected by the recent scandal, whether a similar thing could happen again, how Facebook would apply EU privacy laws and whether stricter rules are needed, giving the company two weeks to respond.

Cambridge Analytica is accused of illegally obtaining information from Facebook users after misleadingly gaining access under the guise of an app.

Facebook has come under fire after a co-founder of data analysis firm Cambridge Analytica told an undercover reporter that information from about 50 million Facebook users was taken without their consent and used for U.S. President Donald Trump’s 2016 election campaign.

Admin
Admin
Previous Post

Who suffers in a trade war?

Next Post

Nigerian banks, mobile money operators collaborate to accelerate financial inclusion

Next Post

Nigerian banks, mobile money operators collaborate to accelerate financial inclusion

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Afreximbank anchors $1.35bn financing for Dangote Refinery refinancing

Afreximbank backs Dangote Refinery with $2.5bn stake in $4bn syndicated credit

April 1, 2026
Stanbic IBTC eyes direct real estate play with new development fund

Stanbic IBTC eyes direct real estate play with new development fund

April 1, 2026
GTCO leans on regional growth as Nigeria profit declines

GTCO’s total dividend up 59% as pre-tax profit hits N1.23trn

April 1, 2026
Gas supply disruption to OML 18 cuts power supply across 9 Abia LGAs

Aba Power guarantees electricity for Abia over Easter period

April 1, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Afreximbank anchors $1.35bn financing for Dangote Refinery refinancing

Afreximbank backs Dangote Refinery with $2.5bn stake in $4bn syndicated credit

April 1, 2026
Stanbic IBTC eyes direct real estate play with new development fund

Stanbic IBTC eyes direct real estate play with new development fund

April 1, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M