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Facebook: There may be more Cambridge Analytica-sized leaks

28 April, 2018, 15:20 | Author: Samuel Sharp
  • Government sends second notice to Facebook, CA; seeks response by May 10

The CTO said Facebook did not know until a year ago that the person it hired to be a social psychology researcher - Joseph Chancellor - had co-founded Global Science Research, the company with Aleksandr Kogan that obtained information on Facebook users via a personality quiz app. Kogan later gave that information to Cambridge Analytica.

Facebook also said data on as many as 87 million people, a lot of them in the USA, .

The scandal, affecting up to 87 million users, sparked calls for regulation and for users to leave the social network, but there was no indication advertisers immediately changed their spending, Reuters noted.

Schroepfer said users would be able to view who runs adverts by June and that further measures, including labels for political ads and a searchable archive, would be rolled out before local elections in May 2019.

"I'm sorry, I shouldn't have said that", Schroepfer replied.

The co-founder and CEO of Facebook Mark Zuckerberg has apparently agreed to meet with MEPs at the European Parliament next month.

Lucas questioned whether Facebook had integrity, to which the executive responded: "It hurts when we make mistakes".

But even wary owners, especially those trying to reach a wide audience on a small advertising budget, say they need to go where their customers are - and for many, that's Facebook. Stevens pressed him on whether Facebook read any terms and conditions of developers who put apps on the platform prior to 2014.


Being "targeted" with information, may actually save many from seeking it out.

Schroepfer said it was clear Facebook had not done enough to ensure its tools were "potentially being used for harm" or take a broad enough view of its responsibility. Facebook's user base and advertising revenue are still growing all over the world, with some of the fastest growth in the Asia-Pacific region.

While some famous names and companies have abandoned Facebook recently, the site's number of monthly active users keeps on growing.

"You aren't an innocent party wronged by the likes of Cambridge Analytica, but you are the problem, sir".

On top of this, adverts that are political will have to display who paid for them and be clearly labelled as "political".

Facebook on Wednesday reported a 63 percent rise in quarterly profit and an increase in users, suggesting that its business has suffered little damage, at least for now, from recent scandals.

The comments came as Facebook revealed quarterly sales rose by almost 50% in the social media giant's first results since the privacy scandal over users' data emerged. Cambridge Analytica said in a tweet that it "immediately deleted the raw data from our file server, and began the process of searching for and removing any of its derivatives in our system" after Facebook ed them to let them know data had been improperly obtained. Facebook updated its risk section as the company audits how outside developers use its social network and cuts off some access to data.

Labour's Paul Farrelly said that journalist Matt Taibbi's description of Goldman Sachs as a "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money" could easily apply to Facebook.

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