Facebook Insecurity

After Days of Silence, Facebook’s Mark Zuckerberg Admits to ‘Mistakes’ With User Data

3/21/18
from The Wall Street Journal,
3/21/18:

CEO pledges to investigate outsiders’ handling of user information.

Facebook Inc. FB 0.74% Chief Executive Mark Zuckerberg broke his silence five days into a growing uproar about how outsiders handle Facebook’s user data, admitting mistakes and pledging an investigation but failing to calm some who thought he should have gone further in his remarks. The growing controversy has shaken the social-media company, knocking its stock price lower and prompting renewed calls for governments to better regulate technology businesses that hold enormous quantities of information about their users. Mr. Zuckerberg, in a post Wednesday on Facebook, said the company has already taken many steps to address user privacy in recent years, but he said “we also made mistakes, there’s more to do, and we need to step up and do it.”

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