- Mark Zuckerberg has taken responsibility for the Cambridge Analytica scandal.
- Zuckerberg makes mistakes, like everyone else. But a mistake on Facebook has global consequences.
- He can never be fired from Facebook due to the way his stock holdings control the company.
- Zuckerberg thus has a massive amount of power (he even has a direct line to President Trump via board member Peter Thiel) but there is no way to hold him accountable if he makes a mistake.
My colleague Steve Kovach asked Mark Zuckerberg a really interesting question last week. “Has anyone been fired related to the Cambridge Analytica issue or any other data privacy issue?“
Zuckerberg told him, “I have not [fired anyone] due to the Cambridge Analytica situation. We are still working through this. At the end of the day, this is my responsibility. So there have been a bunch of questions about that.”See the rest of the story at Business Insider
See Also:
- Facebook’s new privacy changes broke Tinder — but the dating app is fixed now
- Facebook says 87 million people’s data was taken in the Cambridge Analytica scandal — far more than previously thought
- Facebook drops a bombshell and says most of its 2 billion users may have had their personal data scraped
SEE ALSO: No one thinks this is ‘the end of Facebook’ … yet investors sense blood in the water