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looking beyond borders

foreign policy and global economy

Archive for the tag “Facebook”

Cambridge Analytica Shuts Down All Offices Amid Ongoing Facebook Crisis

Cambridge Analytica, the embattled data firm that worked on President Trump’s 2016 presidential campaign, has told employees it is shutting down, along with its UK counterpart SCL Elections. The move, which impacts all offices of both companies worldwide, comes amid recent revelations that the company harvested the data of up to 87 million Facebook users without their consent, according to multiple sources close to the company.

Read Here – Wired

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Zuckerberg Survived But Facebook Still Has Problems

A composed and contrite Mark Zuckerberg held up under hours of grilling by more than 40 U.S. senators — but his performance did little to mask Facebook’s growing political problems in Washington.

Read Here – Politico

Also Read: Key Moments From Mark Zuckerberg’s Senate Testimony

Silicon Valley Falls To Earth

For its entire history, Silicon Valley has deflected skepticism, building itself a filter bubble that largely protected it from tough questions about its grand plans for remaking humanity and capitalism, about its bulldozing of privacy and media. Tomorrow will be the day Zuckerberg raises his hand before Congress, and it will be the day Silicon Valley no longer floats above the world.

Read Here – The Atlantic

The Cambridge Analaytica Data Apocalypse Was Predicted In 2007

In early 2009 the attendees of a conference published a statement of principles in the prestigious journal Science. In light of the role of social scientists in the Facebook-Cambridge Analytica debacle—slurping up data on online behaviour from millions of users, figuring out the personalities and predilections of those users, and nominally using that knowledge to influence elections—that article turns out to be prescient.

Read Here – Wired

Zuckerberg Offers the Bare Minimum On The Cambridge Analytica Mess

Two years and four months after Facebook found out that Cambridge Analytica might have illicitly pulled user data from its platform, and five days after the latest round of stories about the political consultancy’s electioneering, Mark Zuckerberg finally made a statement about the situation.

Read Here – The Atlantic

The Problem Is Facebook, Not Cambridge Analytica

Facebook is being hammered for allowing the data firm Cambridge Analytica to acquire 50 million user profiles in the U.S., which it may or may not have used 1  to help the Trump campaign. But the outrage misses the target: There’s nothing Cambridge Analytica could have done that Facebook itself doesn’t offer political clients.

Read Here – BloombergView

Also read: Where Is Mark Zuckerberg?

What Does Mark Zuckerberg’s Pledge Of Fixing Facebook’s Issues Mean For The Fate Of News On The Platform?

The question had been raised before: What if Facebook, struggling with the global “fake news” problem, just threw up its Like hands and de-prioritised news altogether? In the dawn of 2018, it doesn’t seem as far fetched anymore. Mark Zuckerberg’s goal for the new year (joining previous annual goals of visiting all 50 U.S. states, running 365 miles in a year, and building an AI system for his home) is now focusing on fixing Facebook’s issues of abuse, hate, foreign interference, and mindless scrolling (maybe). But how does “fixing” affect the distribution of legitimate news?

Read Here – NiemanLab

Mark Zuckerberg Has Bigger Plans Than The White House

The world’s fifth-richest man has publicly committed $45 million — most of it in the first 10 months of 2017 — into groups aligned with two political causes: ending the era of mass incarceration and fixing the affordable housing crisis in American cities. The sum, reported here for the first time, represents the first series of investments by the Chan Zuckerberg Initiative (with wife Priscilla Chan), or CZI, which is setting goals to extend far beyond the next election cycle. With a $60 billion-plus funding commitment, CZI would be the biggest foundation in the world, almost 30 percent larger than the Bill and Melinda Gates Foundation at $43 billion.

Read Here – Vice

Facebook Marks The End Of Social Media’s Wild West

Increasingly, Facebook is finding itself in an impossible position as it tries to remain, in spirit at least, a content-agnostic platform that allows everyone to have a voice. Sometimes the company faces scrutiny when it allows certain content to remain, as in the case of fake news or neo-Nazi propaganda. Other times it faces scrutiny for removing content.

Read Here – BloombergView

Silicon Valley’s Dangerous Political Game

Google, Facebook, Amazon, and the rest of Silicon Valley are on top of the world. They’ve never enjoyed more success or influence. Yet at the peak of their power, they are stepping on the political accelerator in a way that could backfire spectacularly.

Read Here – Entropy Economics

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