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Technology Company: Cambridge Analyticascandal and Donald Trump

technology company: The settlement also comes with restrictions and government oversight, according to CTV. Facebook for a decade had largely been trusted to regulate itself and keep its 2.4 billion users' interests at heart. The FTC fine is by far the largest the agency has levied on a technology company. Then came Russian meddling in the 2016 elections, fake news and the Cambridge Analyticascandal, in which a political data mining firm affiliated with the 2016 presidential campaign of Donald Trump improperly accessed the personal data of as many as 87 million users. Facebook now faces the prospect of not only billions of dollars in additional fines, but also new restrictions. Regulators in Europe and the U.S. took notice. ( As reported in the news.