- Facebook (NASDAQ:FB) has two basic questions to address in the Cambridge Analytica data leak scandal, CEO Mark Zuckerberg says on a conference call with media: Can it protect users, and can it make sure it's not used to undermine democracy.
- "We have to go through every part of our relationship with people, and make sure that we're taking a broad enough view of our responsibilities," he says. "It's not enough to just connect people
- Zuckerberg also says that most users should assume that their publicly available information has been scraped; he's referring here to those who enabled the ability for friends to search for them by phone number or email address.
- "We've seen some scraping," he says. "I would assume if you had that setting turned on that someone at some point has access to your public information in some way."
- Asked whether he's still the right person to lead as CEO or chairman, Zuckerberg says: Life is about learning from mistakes and figuring out what you need to do moving forward.
- More to the financial effects, Zuckerberg says there's no "meaningful impact" to advertisers or users from the burgeoning "Delete Facebook" movement.
- Shares that were starting to tick up slightly after hours are now up 3.2% with the call.
- Previously: Cambridge Analytica: We received just 30M Facebook records, deleted raw data (Apr. 04 2018)
- Previously: Facebook: Up to 87M affected by improper data sharing (Apr. 04 2018)
- Previously: Facebook's Zuckerberg to testify to House commerce panel in a week (Apr. 04 2018)
- Now read: An Unhealthy Obsession
Original article