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Fund managers to 'review' Facebook investments after data scandal

The SMH |  23 March 2018  |  Investing

Face Book

Large Australian shareholders, including investment giant AMP Capital, are reconsidering their investments in Facebook due to ethical concerns over the social media giant's latest privacy scandal.
AMP is among those reviewing its stake in the social media behemoth after the personal information of 50 million users was reportedly collected by political consultancy Cambridge Analytica. 

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