Cambridge Analytica

It could acquire other large companies without running afoul of antitrust enforcers

The archive tool will also be rolled out to other countries in coming months

Consultancy firm embroiled in scandal closes down in US

Wylie told a Senate panel he believes Russian services had access to data harvested by the consultancy

Allegations of improper use of data for 87 million Facebook users by Cambridge Analytica led to global investigation

A now-defunct political data firm embroiled in a scandal over its handling of Facebook user information

Zuckerberg had said the social network will investigate all apps that had access to large amounts of information

The social media giant has faced pressure from regulators, privacy advocates, and shareholders since March

Data privacy activists say that it would enable millions of other US voters to request information

After easily beating Wall Street expectations, shares traded up 7.1 per cent after the bell at $171