- Meta Platforms, Inc’s (NASDAQ:META) lawsuit with Israel-based data collection company Bright Data for data harvesting and selling divulged that the social media giant itself for years paid a contractor to scrape data from other websites.
- Email correspondence between the two businesses confirmed that Meta had a years-long professional relationship with the data-scraping outfit, Bloomberg reports.
- Bright Data offers various services, including scraping profile information from social media platforms and e-commerce sites.
- Read: Meta Platforms Q4 Earnings: Shares Soar On Revenue Beat, Updated Guidance; Here’s What Mark Zuckerberg Says
- Since 2021, Meta has cracked down on scraping-for-hire services prosecuting companies, including Bright Data.
- Meta spokesman Andy Stone confirmed that Meta had paid Bright Data to gather data from e-commerce sites to build brand profiles on Meta platforms and find “harmful websites” and “phishing operations.
- Meta ended the relationship with Bright Data after learning about its data violations.
- In November, the EU penalized Meta €265 million ($277 million) for failing to protect user data from third-party data scraping.
- Price Action: META shares are trading higher by 20% at $183.68 premarket on the last check Thursday.
EXCLUSIVE: Safe-T Group Sees Q1 Sales ~$4M Vs. $3.23M Est.
HERZLIYA, Israel, April 18, 2022 - Safe-T® Group Ltd. (Nasdaq, TASE: SFET) (“Safe-T” or the “Company”),
a global provider of cybersecurity and privacy solutions to consumers and enterprises, today provided