scandal

Facebook impervious to scandal as Q1 results of $12 billion easily beat expectations

Facebook announced first quarter revenues of $11.97 billion, which easily beat Wall Street consensus estimates. The company managed to post growth in all key metrics, despite the ongoing data scandals that have dogged it in recent months. Marketers spent $11.8 billion on ads on Facebook, which was up a whopping 50 percent vs. a year ago. […]

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Sheryl Sandberg on Cambridge Analytica Scandal: ‘We Made Mistakes and I Own Them. They Are on Me”

Facebook knew Cambridge Analytica was mishandling user data 2 1/2 years ago, the company’s chief operating officer, Sheryl Sandberg, told NBC. But when the company discovered the problem, she said, executives relied on the consulting firm’s assurances that it had deleted the data. The company could have done an audit but did

Sheryl Sandberg on Cambridge Analytica Scandal: ‘We Made Mistakes and I Own Them. They Are on Me” Read More »

Facebook’s Data Scandal Affects Ecommerce Companies

Facebook is facing a public relations nightmare surrounding its collecting and sharing of user data. Here is the short version. A Cambridge professor used a Facebook survey app to obtain profile information from the 300,000 people who participated. He also was able to gather profile information of an additional 49 million users because Facebook had

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If You Don’t Fully Understand the Cambridge Analytica Scandal, Read This Simplified Version

Over the past week or so, I have seen countless headlines regarding Facebook and Cambridge Analytica. Yet, none of them have helped me fully understand what happened. On a basic sense I knew that my, and many other Facebook users, data was being misused. But after reading every article, I still felt like I didn’t understand

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Facebook Updates Privacy Controls in the Wake of the Cambridge Analytica Scandal

Wow – what a time for Facebook. Yesterday we noted that The Social Network had already started to add in additional privacy and transparency tools to help reassure users in the wake of the Cambridge Analytica data scandal, with more likely on the way. Now, Facebook has indeed moved on that, rolling out a refresh

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Could Facebook’s Latest Data Collection Scandal Impact Small Business Users? – Small Business Trends

Facebook is in the midst at a series of scandals threatening to impact the size of its user base and thus perhaps its usefulness to small businesses seeking to reach potential customers. Small businesses can create Facebook pages for their brands and use promoted posts and other paid advertising to reach Facebook users. However #DeleteFacebook

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Study: 45% plan to use Facebook less amid Cambridge Analytica scandal

Dive Brief: Just 8% of internet users plan to stop using Facebook following the news of Cambridge Analytica’s abuse of personal data collected from the platform, according to a survey by securities firm Raymond James, MediaPost reports.  Additionally, 19% said they would use Facebook “significantly less,” and 26% said they would use the platform “somewhat

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