Thursday, 19 July, 2018

UK Authorities Raid Cambridge Analytica Office in London

DANIEL LEAL-OLIVAS via Getty Images                   Matt Hancock has called for more control for Parliament over big tech's use of data DANIEL LEAL-OLIVAS via Getty Images Matt Hancock has called for more control for Parliament over big tech's use of data
Jean Garcia | 24 March, 2018, 10:35

"I think it's a clear signal that this is a major trust issue for people, and I understand that. There are big elections around the world, and you can bet that we are really committed to doing everything that we need to, to make sure that the integrity of those elections on Facebook is secured", Zuckerberg said. "So our responsibility now is to make sure that this doesn't happen again". The good news is that the most important actions to prevent this from happening again today we have already taken years ago.

In 2007, we launched the Facebook Platform with the vision that more apps should be social. They know everything we click and like on their site, and know who our closest friends and relationships are.

In 2013, a Cambridge University researcher named Aleksandr Kogan created a personality quiz app. "It happened because Facebook allowed apps to access not just sensitive information of people who used those programs - but their friends as well", writes Mozilla. An investigation will be carried out on all the apps that had "large amounts" of data before restrictions limiting data access were put in place.

Furthermore, if a user hasn't accessed an app within the last three months, Facebook will turn off the app's access to their information. Because of its scale, Facebook has become one of the most convenient platforms to reach an audience for all companies and developers, whether a multibillion corporation or a not-for-profit.

In a separate development Friday, India's government sent a notice to Cambridge Analytica asking whether it misused data to profile Indians and influence their elections.

PA Wire  PA Images                   Mark Zuckerberg has apologised for the CA scandal calling it a'major breach of trust
PA Wire PA Images Mark Zuckerberg has apologised for the CA scandal calling it a'major breach of trust

Facebook CEO Mark Zuckerberg has been noticeably absent since news broke of Cambridge Analytica harvesting millions upon millions of its users' data, but he's finally come out of hiding to address the scandal. They provided these certifications.

"We asked them multiple times and they told us they didn't have anything". We're also working with regulators as they investigate what happened.

Facebook founder Mark Zuckerberg has admitted that the social network "made mistakes" that led to millions of Facebook users having their data exploited by a political consultancy.

Thompson spoke to CBSN about his interview with Zuckerberg, who revealed "there are probably 15 changes" it will take "to further restrict data". In case something fishy is found, Facebook plans to conduct a complete audit and ban developers from using the platform.

The Walmart Inc (WMT) Position Increased by WASHINGTON TRUST Co
After $0.03 actual EPS reported by 2U, Inc. for the previous quarter, Wall Street now forecasts -1,000.00% negative EPS growth. USA stocks surged on Friday, pushing the Nasdaq composite to a record, after February jobs growth far exceeded expectations.

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