Facebook is suing South Korean data analytics firm Rankwave to make sure it isn't breaking the leading social network's rules, the US company said Friday.[SAN FRANCISCO] Facebook is suing South Korean data analytics firm Rankwave to make sure it isn't breaking the leading social network's rules, the US company said Friday.
Facebook was investigating Rankwave data practices relating to advertising and marketing and the South Korean company didn't co-operate with efforts to confirm it was complying with policies for all developers synching to the platform, Ms Romero said in an online post. Facebook estimated that it would be hit with a fine of US$3 billion to US$5 billion by the US Federal Trade Commission for"user data practices," and factored that into its earnings report.
Over the past year, the social network has come under fire following revelations of the hijacking of personal data of tens of millions of users by Cambridge Analytica, a consultancy working for Donald Trump's 2016 presidential campaign.
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