The USA reported that at the China Development Forum in Beijing, the two tech honchos called for better regulations to protect personal data shared online. Meanwhile the call for additional protection measure comes after the leak of personal and other data on some 50 million users to the London-based political consulting firm Cambridge Analytica became public.
Accordingly the US Federal Trade Commission confirmed on Monday that it was investigating Facebook and said that it "takes very seriously recent press reports raising substantial concerns about the privacy practices of Facebook". Rob Sherman, Facebook's deputy privacy chief, said in a statement last week that the tech social networking firm remains "strongly committed to protecting people's information".
Previously after the controversial leak of private information on millions
of users came to light, press reports said that the FTC was investigating
whether Facebook violated the terms of a 2011 consent agreement requiring user
consent for sharing data by providing user data to Cambridge Analytica in 2014.