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Latest imagesIs he really sorry or the $50B market value drop is the reason?
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Is he really sorry or the $50B market value drop is the reason?
by FluteHolder Sun Mar 25, 2018 3:13 pm
https://www.cnn.com/2018/03/25/europe/facebook-zuckerberg-cambridge-analytica-sorry-ads-newspapers-intl/index.html
FluteHolder- Posts : 2355
Join date : 2011-06-03
Re: Is he really sorry or the $50B market value drop is the reason?
by Seva Lamberdar Sun Mar 25, 2018 3:24 pm
I don't think Facebook can be held responsible for another company using on its own the info. posted voluntarily by people about themselves on Facebook.
Seva Lamberdar- Posts : 6594
Join date : 2012-11-29 -
Re: Is he really sorry or the $50B market value drop is the reason?
by Idéfix Sun Mar 25, 2018 3:30 pm
If he was really sorry he would have disclosed the breach when they discovered it. These statements are party of a damage control exercise.
Idéfix- Posts : 8808
Join date : 2012-04-26
Location : Berkeley, CA
Re: Is he really sorry or the $50B market value drop is the reason?
by FluteHolder Sun Mar 25, 2018 3:59 pm
Not right Seva. FB is a multinational corporation which knew/knows what they are doing when they engage in business with a company. It is not that anything happened withOUT Any legal agreements where people signed in it from both sides. So you cannot claim ignorance. They are illegally greedy to use people's personal data (as every other company like google, msn, yahooo, your telephone provider, ISP but just FB alone is caught or this is massive), to make money. FB is a company which makes money on people's personal data. That is all to it. Nothing more and nothing less.Seva Lamberdar wrote:I don't think Facebook can be held responsible for another company using on its own the info. posted voluntarily by people about themselves on Facebook.
FluteHolder- Posts : 2355
Join date : 2011-06-03
Re: Is he really sorry or the $50B market value drop is the reason?
by Guest Sun Mar 25, 2018 4:44 pm
took me forever to page down on my FB to get to this image (i have no life)
Guest- Guest
Re: Is he really sorry or the $50B market value drop is the reason?
by Seva Lamberdar Sun Mar 25, 2018 5:13 pm
FluteHolder wrote:Not right Seva. FB is a multinational corporation which knew/knows what they are doing when they engage in business with a company. It is not that anything happened withOUT Any legal agreements where people signed in it from both sides. So you cannot claim ignorance. They are illegally greedy to use people's personal data (as every other company like google, msn, yahooo, your telephone provider, ISP but just FB alone is caught or this is massive), to make money. FB is a company which makes money on people's personal data. That is all to it. Nothing more and nothing less.Seva Lamberdar wrote:I don't think Facebook can be held responsible for another company using on its own the info. posted voluntarily by people about themselves on Facebook.
Every big company is doing it for quite a few years, collecting / harvesting info. about people from the Internet and using it in business and making money; no-one really cares. It's suddenly a big deal (even illegal!) in this case because the info. about people from Facebook got entangled in the web of Trump election as President of U.S. which many influential Americans and others (especially the Democrats in the U.S,) don't like and they even have Mueller investigation to prove their point (i.e. Trump shouldn't have been elected).
Seva Lamberdar- Posts : 6594
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Re: Is he really sorry or the $50B market value drop is the reason?
by silvermani Sun Mar 25, 2018 5:59 pm
All crooks are sorry - for getting caught, not for actually doing the dirty deed.
silvermani- Posts : 1631
Join date : 2014-01-18
Re: Is he really sorry or the $50B market value drop is the reason?
by FluteHolder Sun Mar 25, 2018 7:52 pm
Well, All big Financial crooks never said sorry (WF/JPMC/BOA CEOS who committed fraud against customers) but had a heavy $ penalty payment/agreeement with USDOJ and no wrong doing admitted. So FB would also do the same thing or the FB users who lost their data would file a class action lawsuit for $.
FluteHolder- Posts : 2355
Join date : 2011-06-03
Re: Is he really sorry or the $50B market value drop is the reason?
by FluteHolder Sun Mar 25, 2018 7:57 pm
They could send Rajat Gupta to the can, they will not do such thing for FB or any other company.
FluteHolder- Posts : 2355
Join date : 2011-06-03
Re: Is he really sorry or the $50B market value drop is the reason?
by Seva Lamberdar Sun Mar 25, 2018 8:40 pm
Like every other company, Facebook is primarily into making money for itself and not for providing free service to others for no benefit to itself.silvermani wrote:All crooks are sorry - for getting caught, not for actually doing the dirty deed.
Seva Lamberdar- Posts : 6594
Join date : 2012-11-29 -
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