 "Facebook confirms that data of 2.7 million EU citizens was misused by Cambridge Analytica, says EU executive")
Facebook has confirmed that the data of 2.7 million EU citizens were among those improperly used by political consultancy Cambridge Analytica , the EU executive said on 6 April. [caption id=“attachment_4417779” align=“alignleft” width=“380”]  A figurine is seen in front of the Facebook logo. Image: Reuters[/caption] The European Commission said it received a letter from the social media giant late on 5 April and that it would press for more details, piling pressure on the firm that has lost more than $100 billion in market value in the last 10 days. “Facebook confirmed to us that the data of overall up to 2.7 million Europeans or people in the EU to be more precise may have been improperly shared with Cambridge Analytica,” a Commission spokesman said. “The letter also explains the steps Facebook has taken in response since.”
The change in stance, announced in a Facebook post by Chief Executive Mark Zuckerberg, comes a few days before he is scheduled for congressional hearings
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