Facebook shares dive £67bn in wake of Cambridge Analytica scandal

Facebook shares dive £67bn in wake of Cambridge Analytica scandal

Cambridge Analytica vigorously denies the charges levelled against it, saying that Wylie was merely "a part-time employee who left his position in July 2014" and had no direct knowledge of how the firm had operated since.

Tyagi, shortly after the Facebook data theft controversy broke, told The Wire that SCL and Cambridge Analytica would use their experience and the work they had done in India to pad up their resume while "pitching to a big client".

Wylie said SCL India has a database of 600 districts and seven lakh villages.

Appearing before the United Kingdom parliament on Monday, Wylie had said in response to a British lawmaker's question on SCL's involvement in India, "I believe their client was Congress but I know that they've done all kinds of projects, both regional- I don't think they've done, I don't remember a national project but I know regionally".

"They (Cambridge Analytica) worked extensively in India". They do have offices there, they have staff there.

He said, "I believe their client was Congress".

SCL's activities in India, as per the list, dates back to 2003 when it carried out two projects - a psephological study and opinion polling for a national party to identify swing voters and in another a party's audit and a study of its key voters in a particular state.

SCL also has an India arm called Strategic Communication Laboratories Private Limited, The Print reported last week.

"Their claims are completely false", says Avneesh Rai, adding, "the slide put out by Wylie says they have caste data for all of India".




"They could care less as to whether or not their work is compliant because they like to win", Wiley said Tuesday.

Instead, data aggregators falling under Partner Categories supplement companies with data they may not otherwise have, helping marketers and Facebook target users better.

He said: "Cambridge Analytica was working with Kenyan politicians, but because in a lot of African countries if a deal goes wrong you pay for it".

"Whether the personal data of Indian voters and users has been compromised by Cambridge Analytica or any other downstream entity in any manner, and if so, how was it compromised?" the notice stated.

Wylie, who exposed the data breach scandal involving Facebook, attached a document to his Twitter post, detailed the company's India operations, a day after his testimony to the United Kingdom parliament. "The whistleblower has publicly confirmed that the Congress was indeed their client", Union IT Minister Ravi Shankar Prasad said. Common Cause, the same group that filed a complaint in January alleging that the $130,000 payment from the Trump campaign to porn star Stormy Daniels could have been illegal, filed complaints on Monday urging the DOJ and FEC to investigate whether Cambridge Analytica's involvement with multiple USA campaigns in the 2014 and 2016 elections violated this provision.

India's main opposition party has become thoroughly embroiled in the Cambridge Analytica (CA) voter-manipulation scandal.

Kalin is said to have told Eustace what "we could do with you once you are in government" and what the candidate might say in his campaign.

A non-partisan watchdog group has filed complaints with the Department of Justice and the Federal Election Commission alleging that the data firm Cambridge Analytica violated USA election law by having foreign nationals involved in the decisions of political committees. He contends that the data of 50 million Facebook users was harvested and used to "build a powerful software program to predict and influence choices at the ballot box", the Observer article said.

The whistleblower who revealed the scale of the data harvesting going on from Facebook profiles, said he had come forward after realising his work has a "wider impact" than he initially thought.

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