Facebook Slides On Report 50 Million Users Had Profiles Accessed Illegitimately (fb)

Markets Insider Facebook's stock dipped early Monday morning. The social media giant has faced intense criticism over news that Cambridge Analytica, a political research company with ties to President Donald Trump, had allegedly illegitimately obtained and used 50 million Facebook user profiles. US and UK lawmakers fear the data was used to sway voters in the last presidential election and Brexit. Watch Facebook's stock move in real time here. Shares of Facebook fell 4% early Monday morning after news broke over the weekend that a third party was accused of accessing and using the data of more 50 million Facebook user profiles without their permission. The New York Times and Guardian reported Saturday that the controversial political research outfit, Cambridge Analytica, was accessed user information for highly targeted political ads on Facebook.See the rest of the story at Business InsiderNOW WATCH: What would happen if humans tried to land on JupiterSee Also:18 high-paying jobs for people who hate math12 Costco deals that are well worth the moneyAndrew McCabe might have one last trick he could use to save his estimated $60,000-a-year pension