Why Zuckerberg Is Winning the Facebook Hearings.
▻https://www.bloomberg.com/view/articles/2018-04-11/zuckerberg-testimony-why-facebook-is-winning-so-far
The best news for Facebook Inc. the company was that Zuckerberg ably deflected any challenges to the beating heart of its economic model: its hungry data collection and the fine-tuned targeted advertising based on that data. Zuckerberg’s success is a win for anyone primarily concerned with the company’s market value. But it’s a loss for the rest of us.
Facebook will keep failing users’ trust as long as its business is based on unrestrained hoovering of as much user data as possible, and crafting ever-more innovative ways for advertisers to harness that information for commercial goals. It’s an arrangement to which Facebook’s users agree and can sidestep, technically, but it is hardly informed consent or a real option to avoid.This inherent conflict was on display during two of Zuckerberg’s exchanges on Tuesday. The first was with Senator Roy Blunt, the Republican from Missouri. He asked Zuckerberg a series of questions about what information the company can collect on its 2 billion users and use for advertising, including whether the social network can pinpoint that a person who posts on Facebook from his work computer in the morning is the same person who uploads a photo to his Facebook smartphone app at night.
Mark Zuckerberg Testimony: Senators Question Facebook’s Commitment to Privacy.
▻https://www.nytimes.com/2018/04/10/us/politics/mark-zuckerberg-testimony.html