Mark Zuckerberg breaks his silence over 'Cambridge Analytica' scandal that compromised 51 million profiles
Facebook founder, Mark Zuckerberg broke his silence over the
Cambridge Analytica scandal on Wednesday but did not apologize for the
fact that 51 million Facebook users' information was taken without their
knowledge.
In a lengthy post, Zuckerberg offered his timeline of the events
which led to the revelation this week that the shadowy data firm which
shaped Trump's campaign and has been linked to Brexit improperly
harvested tens of millions of users' data in 2013 by buying it from an
app.
READ: Mark Zuckerberg loses $5b as Facebook shares fall
He said 'the good news' was that Facebook changed its practices years
ago to stop apps from accessing so much information. He however did
acknowledge that the breach happened under his watch and said the
company was now working on ways to win back users' trust.
'I started Facebook, and at the end of the day I'm responsible for
what happens on our platform. 'I'm serious about doing what it takes to
protect our community. While this specific issue involving Cambridge
Analytica should no longer happen with new apps today, that doesn't
change what happened in the past. 'We will learn from this experience to
secure our platform further and make our community safer for everyone
going forward,' he said.
His announcement sent Facebook's struggling stock back up to $169.39
before the final bell. At 1.30pm, after news emerged that he was due
to address the scandal, the stock surpassed the $170 mark for the first
time since Monday. Before the scandal, it was $185.
In his statement, Zuckerberg said that while it was 'his
responsibility' what happened at Facebook, the company was duped by
Aleksandr Kogan, the researcher who sold the information to Cambridge
Analytica, just as the people who gave him their details were.
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