Home Resources Blog FTC Investigating Facebook in the Wake of Cambridge Analytica Crisis

FTC Investigating Facebook in the Wake of Cambridge Analytica Crisis

Admin Globaldots

29.03.2018

1 Min read

U.S. Federal Trade Commission (FTC) confirmed that it has launched an open, non-public investigation into Facebook‘s privacy practices following the Cambridge Analytica crisis.

FTC is allegedly focused on finding whether Facebook violated a 2011 consent decree over its handling of the personal data of more than 50 million users, which an app creator transferred to a data analysis firm without the users’ knowledge.

Facebook fell as much as 6% to $149.84 on Monday after the announcement, taking the stock down 20% from its 52-week high.

Image Source

Read more: Forbes

Learn More

Cloud Cost Optimization

What is FinOps? The Complete Guide

Nesh (Steven Puddephatt), Senior Solutions Engineer @ GlobalDots 31.05.23

While cloud-computing supports immense innovation – providing limitless resources in the pursuit of greater output and agility – public cloud end-user spending is projected to reach a staggering $600 billion this year. Hyperscale cloud vendors remain driving forces behind this growth, having proven their salt as highly strategic launchpads for digital transformation. The competition for […]

Cloud Cost Optimization

Cloud Cost Optimization: A Strategic Approach to Business Expansion

Francesco Altomare, Southern Europe Regional Manager @ GlobalDots 18.05.23

FinOps is a strategic framework designed to manage and optimize cloud costs effectively. It’s a transformative approach that brings financial accountability to the forefront of the variable spend model of cloud computing. This model allows businesses to gain a firm grip on their cloud expenses, ensuring that every dollar spent is accounted for and utilized […]

Cloud Cost Optimization

AWS Data Transfer Cost Optimization: Everything You Need to Know

Nesh (Steven Puddephatt), Senior Solutions Engineer @ GlobalDots 17.05.23

While AWS services provide a wealth of mission-critical services – storing over 2.2 trillion objects in S3 – many organizations are left floundering in the solution’s complex pricing structures. Spanning transfer types and geographies, data transfer costs can be hugely unpredictable and rapidly get out of hand. Below, we leverage decades of industry experience to […]

Back to Resources

Unlock Your Cloud Potential

Schedule a call with our experts. Discover new technology and get recommendations to improve your performance.

Book a Demo