Being the chief executive of Facebook comes with its perks – like allowing you to delete messages from someone’s inbox once you’ve already sent them.
Here’s a look at the scandal and what it means.
Facebook said last week that the personal information of up to 87 million users, mostly in the US, may have been improperly shared with Cambridge Analytica, up from previous estimates. This app reportedly poached data of these users, and data of their friends and friends, which resulted in scrapping data of nearly 5,62,120 users in India. “That includes people whose data Kogan misused here as well”.
The steps are created to deter the kind of election meddling and online information warfare that USA authorities have accused Russian Federation of pursuing, Zuckerberg said. In February, special counsel Robert Mueller indicted Russian entities for meddling in the USA election with social media schemes that enabled, for instance, users in Russia to engineer fake rallies and protests across the country.
The legislation would expand existing election law covering television and radio outlets to apply to paid internet and digital advertisements on platforms like Facebook, Twitter Inc and Alphabet Inc’s Google.
The private conference room belonging to Sheryl Sandberg, Facebook’s chief operating officer, has a sign on the door that says, “only good news”, according to NPR.
The number of people affected seems to keep ballooning.
Facebook sent a doctor to top U.S. hospitals in an effort to convince them to share patient data, including illness and prescription information, for a since-abandoned project, CNBC reported Wednesday.
“Election interference is a problem that’s bigger than any one platform, and that’s why we support the Honest Ads Act”, Zuckerberg wrote in a Facebook post on Friday. While this helped individuals find friends, Facebook says malicious actors have also used this technique. “Could you have an opt-out button – ‘Please don’t use my profile data for advertising”?” Even though there are different opinions [VIDEO]about whether Facebook did something wrong, and who else harvested #social media information, the whole affair had negative effects for the social media leader. Zuckerberg also was criticized for initially failing to apologize when he did break the silence.
The firestorm over the improper data shared has sparked calls for investigations on both sides of the Atlantic.
CEO Mark Zuckerberg will appear before a congressional committee next week to testify about the breach that made it possible for Cambridge Analytica, a firm that worked with President Donald Trump’s 2016 campaign, to collect users’ data through a third-party app without the users’ knowledge.
“AggregateIQ has never been and is not a part of Cambridge Analytica or SCL”, the statement said. Advertisers and third-party apps have flocked to the social media giant because of its vast user data, with Facebook generating profits of nearly $16 billion previous year. This information is particularly useful if the users are continually receiving news that they feel are fake.
Congress has been interested in increasing regulation on Facebook due to its size and the myriad of issues it’s facing.