Posted on 03/20/2018 8:39:05 AM PDT by Red Badger
Amid calls for investigation and a #DeleteFacebook campaign, company releases an official statement but its figurehead keeps quiet ===================================================================================================================
he chief executive of Facebook, Mark Zuckerberg, has remained silent over the more than 48 hours since the Observer revealed the harvesting of 50 million users’ personal data, even as his company is buffeted by mounting calls for investigation and regulation, falling stock prices and a social media campaign to #DeleteFacebook.
Facebook’s shares slid 6.77% on Monday following the news, knocking $36bn off the company’s valuation as investors worried about the consequences of the revelations. Zuckerberg owns 16% of the company and personally saw his fortune fall $5.5bn to $69bn, according to Forbes’ live tracker of the world’s wealthiest people.
The embattled social media company announced on Monday that it will engage a digital forensics firm to conduct an audit of Cambridge Analytica to determine whether or not the firm still has copies of the data in question.
The Observer reported this weekend that a company called Global Science Research (GSR) harvested tens of millions of Facebook profiles and sold the data to Cambridge Analytica. The New York Times reported on Saturday that Cambridge Analytica still possesses “most or all” of the harvested data. Cambridge Analytica has denied knowing that the data was obtained improperly.
“If this data still exists, it would be a grave violation of Facebook’s policies and an unacceptable violation of trust and the commitments these groups made,” Facebook said in a statement.
(Excerpt) Read more at theguardian.com ...
He’s busy counting his philanthropy money he made when be dumped some stock last Friday. Or maybe working on the wall around his estate in Ha-why-eee.
I’m thrilled to not be on Facebook.
It was fun in college, but pointless after college.
Yep,
The flaw in Facebook is when you put your heart and mind into political action, you take your mind off running your business.
Google is going to be next.
Facebook, upset about data mining for political purposes.... Laughable.
Odd.
The data harvesting wasn’t a “scandal” when Democrats did it.
Odd.
The data harvesting wasn’t a “scandal” when Democrats did it.
I hate to break it to my liberal friends, but any time Zuck opens his mouth in a public setting, things tend to go south for Facebook, so hiding him is probably the smart move.
Everyone who posts anything on FB agrees that the material belongs to FB at that time. This is going nowhere. FB is trying to pretend that people’s security settings etc are really of much value.
This whole Facebook sell off smells rotten.
It was hip, cool, smart and oh so savvy!.........................
It would seem that all the fakebook suckers (suckers?) who were so happy to have, “followers” also had trackers!
Zuck for President!? Brave New World.
FB is now for Grandmas and middle schoolers.............
There’s no “scandal” and neither FB nor Cambridge did a single thing wrong. They harvested data when no one paid attention to privacy. They weren’t alone. Obama did the same 4 years earlier, and Amazon, Google and others do so every single day.
I never liked “social(ist)” media. I never understood why people want to advertise themselves. I now understand why it always gave me the willies.
FakeBook & the Zuckmeister have a
truth & credibility problem. 18 U.S.C. §1001
Data harvesting scandal unfolds but NOT when Obama did it 5 years ago MSM winks.
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