>> Now, before we dive in here.>> Facebook in the spotlight again over how it handled user's private data. A New York Times investigation revealing Sunday, the scope of data sharing deals Facebook had struck with at least 60 companies, including Apple, Amazon, Microsoft and Samsung, over the last decade.
The Times found that under the agreements, some companies were given access to user's relationship status, work, upcoming events and a wide range of other personal information. In a blog post late Sunday, Facebook defended its record, saying those partnerships were forged in the days before the app store, to allow device makers to build their own versions of the Facebook app.
Facebook also denied reports that it gave firms access to the data of user's friends who had barred any sharing. Facebook says it began winding down the data sharing deals in April, already ending 22 partnerships. That's right after Mark Zuckerberg's social media empire came under intense scrutiny by lawmakers.
Following news reports that a political consulting firm, Cambridge Analytica, misused the private information of millions of Facebook users. The scandal temporarily damaged Facebook stock and prompted calls for greater regulation of Internet companies across the world.