Facebook held back on naming Cambridge Analytica in 2017 -deposition

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Facebook held back on naming Cambridge Analytica in 2017 -deposition
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Mark Zuckerberg considered saying in a 2017 speech that Facebook was looking into 'organizations like Cambridge Analytica,' according to details from a deposition of him by the U.S. Securities and Exchange Commission.

Facebook Chairman and CEO Mark Zuckerberg speaks during the annual Munich Security Conference in Germany, February 15, 2020. REUTERS/Andreas Gebert

When Meta executives learned of issues related to Cambridge Analytica, and how they responded, is central to lawsuits in California and Delaware in which shareholders allege the executives breached fiduciary duties and consumers allege mishandling of their private information.Facebook, now organized as Meta Platforms Inc

Portions are redacted, leaving unclear why Zuckerberg proposed referencing Cambridge six months before the additional accusations about it. Zuckerberg in the deposition also acknowledges asking colleagues in January 2017 to assess Cambridge's claims about its influence in elections. The SEC as part of its settled probe had asked Zuckerberg in the deposition about a draft speech he wrote about Russia possibly interfering in the 2016 election by abusing Facebook services.

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