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Facebook to EU: We're not compensating users in data scandal

Published 05/24/2018, 12:47 PM
© Reuters.  Facebook to EU: We're not compensating users in data scandal
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  • Facebook (FB -0.4%) says it won't compensate users over misuse of data in the company's Cambridge Analytica data-leak scandal.
  • That comes in written responses that Facebook provided in follow-ups to European Union testimony by CEO Mark Zuckerberg.
  • EU lawmakers had said that the scandal would make Facebook liable; the company replies that while the data misuse was a "breach of trust," no bank account or credit card details were shared, and that there's no evidence EU user data was involved.
  • Now read: Emerging Value Capital Management Q1 - Howard Hughes Sold, Tesla (NASDAQ:TSLA) Short Closed; New Long Positions


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