Producer price index fell 0.5% in July from a month earlier, largely reflecting a drop in energy costs
US retailers stocked up on goods last autumn and winter only to face a demand downturn as consumers divert spending to increasingly expensive fuel and food
They hope the magic mushroom sector can avoid the mistakes made when marijuana became legal
The District of Columbia said it sued Meta CEO Mark Zuckerberg for his alleged role in the data breach that allowed political consulting firm Cambridge Analytica to target Facebook users during the 2016 presidential election.
A “sweeping investigation” revealed that Zuckerberg contributed to lax oversight of user data and the creation of misleading privacy agreements that resulted in Cambridge Analytica and other third parties getting their hands on the personal information of 87-million Americans, DC attorney-general Karl Racine said in a statement on Monday.
Cambridge Analytica was hired by then-candidate Donald Trump during his 2016 campaign against Hillary Clinton. Racine called it “the largest consumer privacy scandal in the nation’s history.”
The lawsuit mirrors an earlier suit Racine filed against Facebook in 2018, though the judge overseeing that case rejected the Democratic attorney-general’s attempt to add Zuckerberg as a defendant earlier this year, saying he’d waited too long.
“We continue to persist and have followed the evidence right to Mr. Zuckerberg,” Racine said in the statement. “The evidence shows Mr. Zuckerberg was personally involved in Facebook’s failure to protect the privacy and data of its users leading directly to the Cambridge Analytica incident.
Meta didn’t immediately respond to a message seeking comment. The company has previously derided Racine’s claims as “little more than a broadside against Facebook’s business model.”
More stories like this are available on bloomberg.com
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.