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Mark Zuckerberg Addresses the Cambridge Analytica Scandal, Says Facebook 'Made Mistakes' in Protecting Data (buzzfeed.com)
Facebook CEO Mark Zuckerberg on Wednesday commented on the massive, deepening data harvesting scandal his company has been embroiled in since last Friday. From a report: "We have a responsibility to protect your data, and if we can't then we don't deserve to serve you. I've been working to understand exactly what happened and how to make sure this doesn't happen again," he said. The scandal -- involving the illicit collection of data from 50 million Facebook users, and its later use by Trump campaign analytics vendor Cambridge Analytica -- has helped chop off nearly $50 billion in value from Facebook's market cap since last Friday, led to calls from US lawmakers for Zuckerberg testify before congress, and raised eyebrows at the U.S. Federal Trade Commission, which is now probing the company. Speaking of things Facebook plans to do to ensure that this mess doesn't repeat itself, Zuckerberg added, "First, we will investigate all apps that had access to large amounts of information before we changed our platform to dramatically reduce data access in 2014, and we will conduct a full audit of any app with suspicious activity. We will ban any developer from our platform that does not agree to a thorough audit. And if we find developers that misused personally identifiable information, we will ban them and tell everyone affected by those apps. That includes people whose data Kogan misused here as well.
"Second, we will restrict developers' data access even further to prevent other kinds of abuse. For example, we will remove developers' access to your data if you haven't used their app in 3 months. We will reduce the data you give an app when you sign in -- to only your name, profile photo, and email address. We'll require developers to not only get approval but also sign a contract in order to ask anyone for access to their posts or other private data. And we'll have more changes to share in the next few days."
There is no explicit apology in Zuckerberg's comment today.
"Second, we will restrict developers' data access even further to prevent other kinds of abuse. For example, we will remove developers' access to your data if you haven't used their app in 3 months. We will reduce the data you give an app when you sign in -- to only your name, profile photo, and email address. We'll require developers to not only get approval but also sign a contract in order to ask anyone for access to their posts or other private data. And we'll have more changes to share in the next few days."
There is no explicit apology in Zuckerberg's comment today.
Facebook's business model is predicated on this data collection and selling to whomever is willing to pay.
Facebook also dragged down the rest of the stock market Since its illegal to hire foreign nationals to run your campaign, not to mention the rest, looks like we are really in store for some serious #winning.
It's so much bullshit, because it is a damage-control response to the CA issue only.
The problem -- of which they are deeply and keenly aware -- is MUCH larger than just CA, and has existed this way, intentionally, for YEARS.
This is a farcical non-response, though some of the measures they are now forced to take will indeed partially address the broader issues.
Why are outside "app" vendors being essentially handed lists of emails? Unfortunate that this will continue, even after the changes -- this is bad practice and promotes spam if nothing else.
"And if we find developers that misused personally identifiable information, we will ban them and tell everyone affected by those apps."
The official Facebook app doesn't count.
sub f{($f)=@_;print"$f(q{$f});";}f(q{sub f{($f)=@_;print"$f(q{$f});";}f});
So have I got this right.
Obama scrapes Facebook data for two elections = okidoki
Trump may have used Facebook data = SJW fainting scandal.
https://www.fastcompany.com/40...
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Comment removed based on user account deletion
Translated ...
"We didn't mean for our longstanding creepy privacy destruction policies to benefit a Republican rather than a Democrat this election cycle, and we promise it won't happen again"
FB is nothing but a media company, with a news feed that resembles live TV, albeit personalized and "customisable" to an extent.
In any publicly listed for profit media corp the tussle will be between the editorial department which wants full control on content vs marketing / sales which needs sales from selling space. FB has no editorial department, its the users for most part and algos, but marketing / sales is where FB earns its valuation and profile.
What do marketing/sales do? Sell space on news feed, and sell user data.
I feel FB will be profitable even if it stops selling user data. But then almighty greed.
The only plus for current fiasco..."FB boy for POTUS" is DOA.
Tat Tvam Asi