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fleur-de-lisa

(14,624 posts)
Wed Mar 21, 2018, 03:42 PM Mar 2018

"The mood inside Facebook HQ is somber, disillusioned, confused"

Jo Ling Kent @jolingkent 2:33 PM - Mar 21, 2018

The mood inside Facebook HQ is somber, disillusioned, confused.. and now the companies is facing two class action lawsuits in the aftermath of Cambridge Analytica data scandal.. one from investors, one from users.


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fleur-de-lisa

(14,624 posts)
2. Fuckerberg to speak tomorrow publicly . . . I'm sure it will be PR bullshit.
Wed Mar 21, 2018, 03:47 PM
Mar 2018
https://www.politico.com/story/2018/03/21/zuckerberg-cambridge-analytica-477577

"Facebook CEO Mark Zuckerberg will make public remarks by Thursday morning on “rebuilding trust” amid the ongoing controversy over abuse of the company’s data by the Trump-affiliated firm Cambridge Analytica, a source familiar with the situation said."

gratuitous

(82,849 posts)
6. Advance copy of Zuckerberg's speech
Wed Mar 21, 2018, 03:54 PM
Mar 2018

Please don't ask how I procured it.

"At Facebook, we take your privacy very, very, VERY seriously. We're as astonished and distressed as everyone else that our unmonitored wholesale distribution of our subscribers' information resulted in some less than honorable persons getting their hands on it and spewing it all over the internets. In an effort to rebuild trust with our subscribers, we're offering a one-time free poll of their choice: Which 'Friend' are you (hint: it's Rachel); If you were a zoo animal, which one would it be; or Your zodiac sign interpreted to tell you something you'd like to hear about yourself. You may be asked some preliminary questions before you can take the poll, but that's a mere formality. We also ask our valued subscribers to post the response they get on their wall, along with their mother's maiden name. We at Facebook hope we can now put this unpleasantness behind us. Please pump our stock price back up."

 

TheDebbieDee

(11,119 posts)
8. Was listening to Thom Hartmann yesterday...
Wed Mar 21, 2018, 04:01 PM
Mar 2018

FB/Zuckerberg could face up to a 40k fine for each FB account in which data was handed over improperly to CA... If he loses these class action law suits!

TheBlackAdder

(28,182 posts)
12. A lot of those fines, like HIPAA exposures, while stiff per record, are capped at $250K or other amt
Wed Mar 21, 2018, 04:28 PM
Mar 2018

The reason why they are capped, is that if a firm looses a backup, or suffers from a hacking event, while stewards of millions of personal records--it could immediately drive a business into bankruptcy, for a single violation.

 

poboy2

(2,078 posts)
9. Facebook and Cambridge Analytica worked side by side at a Trump campaign office in San Antonio
Wed Mar 21, 2018, 04:02 PM
Mar 2018
Facebook and Cambridge Analytica worked side by side at a Trump campaign office in San Antonio
https://www.democraticunderground.com/100210388760

edbermac

(15,937 posts)
11. Last line from The Social Network.
Wed Mar 21, 2018, 04:20 PM
Mar 2018

“You’re not an asshole, Mark...you’re just trying so hard to be.”

Looks like he’s succeeding.

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