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What you need to know in advertising today

Everything that you need to know about advertising today.

Facebook announced on Friday that Cambridge Analytica, the data-analysis firm that played an important role in Donald Trump's online strategy during the 2016 US election, has been suspended from the social-media platform for mishandling user data.

"Given the public prominence of this organization, we want to take a moment to explain how we came to this decision and why," Facebook VP and deputy general counsel Paul Grewal said in a press release on Friday night.

Grewal noted that another company, Strategic Communication Laboratories (SCL), was also suspended. By booting the companies from its platform "pending further information," Facebook will no longer allow them to buy ads or manage their pages.

To read more about why the controversial data-analysis firm was suspended, click here.

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In other news:

undefined. The app contains videos by conspiracy theorist David Icke, who claims the world is ruled by reptile-human hybrids.

Condé Nast is leaving the "Concert" ad sales partnership formed by NBCUniversal and Vox Media in March 2017, Digiday reports. Condé Nast wouldn’t comment on why it left the partnership, but said it would partner again with Concert under the right circumstances.

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