Facebook has had a tumultuous year, to say the least. The social networking giant found itself mired in a series of controversies, including one involving the political consulting firm Cambridge Analytica. Under intense pressure, CEO Mark Zuckerberg testified at two Congressional hearings where he faced intense criticism over his company’s data privacy practices. Despite the unflattering attention, Facebook’s business continued to grow while its share price, which tumbled soon after the Cambridge Analytica scandal, recovered.
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This is your Data Sheet newsletter for Wednesday, March 20, 2019.
Trump tweeted his complaints Tuesday about social media companies, including a tweet that said: “I will be looking into this! #StopTheBias.”
Facebook said it will make major changes to its rules for advertisers in order to settle a string of lawsuits.