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Tuesday October 08, 2024

Facebook under criminal probe over data deals with tech companies

By Monitoring Desk
March 15, 2019

NEW YORK: US federal prosecutors are conducting a criminal investigation into data deals Facebook Inc struck with some of the world’s largest technology companies, media reported. A grand jury in New York has subpoenaed records from at least two prominent makers of smartphones and other devices, the newspaper reported, citing people familiar with the requests and without naming the companies. Both companies are among the more than 150, including Amazon.com Inc, Apple Inc and Microsoft Corp, that have entered into partnerships with Facebook for access to the personal information of hundreds of millions of its users, according to the report.

Facebook is facing a slew of lawsuits and regulatory inquiries over its privacy practices, including ongoing investigations by the US Federal Trade Commission, the Securities and Exchange Commission and two state agencies in New York.