image: Paul Marotta/Getty Images

Facebook gains after announcing new privacy tools (FB)

March 28, 2018

Shares of Facebook are set to open up about 1%, near $154, Wednesday after the company said it would release new tools to let users control data already harvested by the social network.

In the wake of an ongoing scandal about how Cambridge Analytica and other firms use personal data collected from Facebook, the company said it’s making it easier for people to revoke apps’ access to their data, and simplifying privacy settings on its site and mobile app.

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