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Australia sues Facebook over Cambridge Analytica, fine could scale to $529BN

Australia’s privacy watchdog is suing Fb over the Cambridge Analytica wisdom breach — which, once more in 2018, turn out to be a world scandal that wiped billions off the tech massive’s share price however most simple led to Fb opting for up a $5BN FTC super. Must Australia succeed in its pass smartly with aga…
Australia’s privacy watchdog is suing Facebook over the Cambridge Analytica data breach — which, back in 2018, became a global scandal that wiped billions off the tech giant’s share price yet only led to Facebook picking up a $5BN FTC fine. Should Australia prevail in its suit aga…

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Original article
Author: Natasha Lomas

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Natasha Lomas has recently written 11 articles on similar topics including :
  1. "Some more internal emails Facebook really doesnt want you to see: Turns out in 2017 COO Sheryl Sandberg had already known for years there were problems with a free ad planning tool the company offers to marketeers to display estimates of how many people campaigns running on its platform may ". (February 18, 2021)
  2. "A week after Facebook grabbed eyeballs globally by blocking news publishers and turning off news-sharing on its platform in Australia, the countrys parliament has approved legislation that makes it mandatory for platform giants like Facebook and Google to negotiate to remunerate local news p". (February 25, 2021)
  3. "Facebook is firing up its lawyers to try to block EU regulators from forcing it to suspend transatlantic data transfers in the wake of a landmark ruling by Europes top court this summer". (September 11, 2020)
  4. "The UKs data watchdog has sent a letter to parliament In lieu of a final report on a wide-ranging investigation into online political advertising which saw it raid the offices of Cambridge Analytica in 2018 after it emerged that the disgraced (and now defunct) data company had improperly acquired ". (October 6, 2020)
  5. "A German court thats considering Facebooks appeal against a pioneering pro-privacy order by the countrys competition authority to stop combining user data without consent has said it will refer questions to Europes top court". (March 24, 2021)
  6. "Austrias Supreme Court has dismissed Facebooks appeal in a long running speech takedown case ruling it must remove references to defamatory comments made about a local politician worldwide for as long as the injunction lasts". (November 12, 2020)
  7. "Facebooks self-regulatory Oversight Board (FOB) has delivered its first batch of decisions on contested content moderation decisions almost two months after picking its first cases". (January 28, 2021)
  8. "Potential threats to the free flow of GIFs continue to trouble the U.K.s competition watchdog". (April 1, 2021)
  9. "Facebooks lead data supervisor in the European Union has opened an investigation into whether the tech giant violated data protection rules vis-a-vis the leak of data reported earlier this month". (April 14, 2021)
  10. "The European Union may investigate Facebooks $1BN acquisition of customer service platform Kustomer after concerns were referred to it under EU merger rules". (April 6, 2021)
  11. "Last months ruling by the Court of Justice of the European Union (CJEU), ripping up the EU-US Privacy Shield and sewing doubt over alternative mechanisms, has put a cat among the pigeons of international data transfers". (August 26, 2020)
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