Facebook shares dive 7% amid data misuse claim
Leading losses in the NASDAQ
Facebook shares have fallen 7% overnight, losing more than $38bn (£33.4bn), as the company is claimed to be involved in the data privacy scandal surrounding Cambridge Analytica and Donald Trump's Presidential election campaign.
Last weekend, a number of US newspapers reported Facebook was involved in aiding the UK political consultancy to swing elections. Cambridge Analytica is alleged to have mined the personal data of 50...
More on US
Sanlam preps US absolute return fund with value approach
Market-neutral product to launch soon
SocGen's Albert Edwards: 'Fragile' US economy will be exposed
When tax reform 'sugar rush' wears off
US midterms: 'Damp squib' or another 'sugar rush' for US economy?
Markets rose following result
Trump set for largest rise in Dow Jones in first year of a post-war presidency
On track for 33% rise
Watch our PA webinar: Why should UK income-seekers pick the US?
Panellists discuss whether US equity income could be a shelter in stormy markets
More news
Sandringham adviser kicked from network amid ongoing Lighthouse legal battle
Legal battle ongoing
HMRC's family company investigation could uncover 'shadowy' practices
'Lessons have not been learned' from past mistakes
FCA confesses to freedom of information data breach
From November 2019
Emma Bryon: Are mortality calculators TMI?
Emma Bryon explores why longevity calculators can provoke unexpected behaviour as people are confronted with their own mortality. Here she warns against providing educational tools from an industry ivory tower
Paul Dyer, former FCA deputy chief risk officer: The failings I've seen in DB transfers
10 common advice errors
