March 2018 has not proven to be the best month for the Facebook share price, with Facebooks worldwide reputation in tatters, Mark Zuckerberg has been asked to appear in front of the UK parliamentary committee but has refused. He must have eyes on the Facebook share price as he has agreed to appear before a US Congress commitee to face questions about the suspension of Cambridge Analytica’s parent company “Strategic Communication laboratories” from using any further data supplied to them by Facebook.
The Canadian freelance developer turned whistle-blower Christopher Wylie, has been giving evidence to the UK Parliamentary committee this week, where he claims that the misuse of raw data supplied by Facebook, contributed to the success of the Trump presidential election campaign. His claim is based upon the fact that the Cambridge Analytica database was used by the Trump Campaign to smear the reputation of Hilary Clinton, by targeting certain voters within the US, to push across their messages.