Facebook (NASDAQ:FB) Under Criminal Investigation

Facebook CEO Mark Zuckerberg Meets With Members Of Congress On Capitol Hill

Federal investigators are scrutinizing partnerships that allowed other companies to access users' data without their consent, according to a new report in the New York Times.

According to the New York Times report, a grand jury in New York has already subpoenaed information on these types of deals from at least two smartphone and other device manufacturers involved.

"We've provided public testimony, answered questions and pledged that we will continue to do so", it said in a statement.

The probe constitutes a sharp escalation of Facebook's legal problems in the U.S., where it is under scrutiny from four separate government agencies, including the United States justice department, as well as from legislators. Congressional lawmakers have also called attention to the role Facebook played in spreading disinformation during the 2016 presidential election, and the Justice Department is investigating how Cambridge Analytica, a political consulting firm that helped President Donald Trump's election campaign, obtained Facebook data for some 87 million users.

Ireland confident of halting Wales' unbeaten run, says Sexton
Beirne has been injured through this championship and although returning impressively for Munster; he was ruled out of the French game after experiencing difficulties in training last week, but Schmidt confirmed the turnover specialist is in his thoughts.

Weather warning for gale force winds
Sea fronts and coastal communities could also be affected by spray and large waves. Heavy rain is also forecast for later on tonight and into tomorrow morning.

UK PM: Brexit vote to proceed as planned
On the other hand, the opposition Labour party, with its 247 MPs, is likely to reject May's proposal. The latest pact stressed the "legal force" and "binding character" of the withdrawal agreement.

Facebook's stock declined 1.5 per cent in after hours trading on Wednesday.

The social network's arrangements allowed Netflix and Spotify to read Facebook users' private messages, the Times reported, citing internal documents. But a criminal investigation would raise the stakes significantly.

Facebook has defended the deals.

Those companies were not named in the story, but the Times noted that Facebook has data-sharing partnerships with companies including Microsoft, Apple, Sony and Amazon. At the time, the company strongly disputed that these data partnerships violated users' privacy or the company's 2012 settlement with the FTC.

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