Facebook says sorry for data breach scandal in British newspaper ads

Facebook's attempt to impact India's voting process will not be tolerated govt's stern warning to Mark Zuckerberg

While Cambridge Analytics is facing heavy scrutiny over the use of the data acquired from Facebook Inc., the bigger finger should be pointed directly at Zuckerberg and the company's board that has spent the last 18-months and more dodging serious questions over the company's affiliations with companies and governments and the use of ads during the 2016 U.S Presidential Election.

Mark Zuckerberg said he expects there are other companies alongside Cambridge Analytica which may have abused their access to large amounts of Facebook user data.

"This was a breach of trust, and I'm sorry we didn't do more at the time", Zuckerberg said, reiterating an apology first made last week in United States television interviews.

We've already stopped apps like this from getting so much information.

Zuckerberg, whose firm has lost more than $50 billion in market value since the allegations, said Facebook would give users more information and control about who can access their data.

"I'm not sure we shouldn't be regulated", he told CNN.

A new Reuters-Ipsos poll in the USA released Sunday showed that 41 percent of Americans trust Facebook to obey laws that protect their personal information, compared to 66 percent of trust in Amazon; 62 percent in Google; 60 percent in Microsoft and 47 percent in Yahoo.

American firm Cambridge Analytica has been accused of illegally harvesting personal data from 50 million Facebook users in order to influence the last USA presidential election and the Brexit referendum.

Investors have been too kind to Facebook Inc. this time around, with speculators bargain hunting and, why not when considering the slide, but capital is at risk, particularly if the U.S government takes the boldest of steps and decides to shut it down.

The billionaire entrepreneur has been making the rounds in the media world, discussing the company's relationship with Cambridge Analytica, a controversial firm which harvested personal data from almost 50 million Facebook profiles in an attempt to influence the 2016 presidential election.

The plain black text apology on a white background, with only a tiny Facebook logo, appeared in Sunday publications including The Observer - one of the newspapers whose reporting on the issue has sent Facebook's share price tumbling.

The apology was signed off by Facebook CEO Mark Zuckerberg.

"It's psychologically harder to let go of a platform like Facebook that's become pretty well ingrained into people's lives", Ms Williamson explained.

"Abuse of social media including Facebook can not be allowed to impact the fairness of elections", Ravi Shankar Prasad told reporters.

Related news:

Hot News

isis-killer-beheading-video-story-top Rehoboth march calls for end to gun violence
Mar 26, 2018 - 02:25
To change the law, they know that it requires a change in the nations politics. A mother embraces her daughter at a protest against gun violence on Saturday.

isis-killer-beheading-video-story-top Facebook scraped call, text message data for years from Android phones
Mar 26, 2018 - 02:23
In looking at his grandmother's data dump, he also discovered that Facebook had been collecting SMS records from 2015 to 2017. When the feature is enabled, the feature allows Facebook to see when a call or text was sent or received, the company said.

isis-killer-beheading-video-story-top European Union 'reserves right' for counter-measures in Trump trade…
Mar 26, 2018 - 02:22
For instance, if Facebook sells an ad created to reach users in Milan, the company would pay tax on that ad revenue in Italy. The proposals require backing from the European Parliament and the 28 EU countries, but they are divided on the issue.

isis-killer-beheading-video-story-top No More "Free Reign" To China: Donald Trump After Announcing Tariffs
Mar 26, 2018 - 02:18
But the European Union said it would "reserve its rights" to impose countermeasures as long as the exemption remained temporary. Avoid fake news! Subscribe to the Standard SMS service and receive factual, verified breaking news as it happens.

isis-killer-beheading-video-story-top After education and health successes, AAP govt unveils green budget
Mar 26, 2018 - 02:17
Rs 15 crore has been allocated to Delhi Commission for Protection of Child Rights to evaluate and rank government schools. Of the Rs 13,997 crore budget allocation, Rs 13,328 crore is the revenue budget, and Rs 759 crore is the capital budget.

isis-killer-beheading-video-story-top After RS setback, Mayawati says BSP's alliance with SP will continue
Mar 26, 2018 - 02:09
SP has 47 MLAs in the Uttar Pradesh Assembly, of whom Nitin Agarwal is expected to vote for the BJP. Mayawati has already said an upper-caste BJP used an Agrawal face to defeat its Dalit candidate.

isis-killer-beheading-video-story-top Man confesses faking mental illness after attack on woman
Mar 26, 2018 - 02:05
In a mobile phone video, the woman is strung up in public and her husband lashes out at her until she collapses. Stone, 35, was arrested and charged with domestic battery on Wednesday by the Pasco County Sheriff's Office.

isis-killer-beheading-video-story-top Police officer killed as bomb blast rocks Egypt's Alexandria
Mar 25, 2018 - 01:36
But al-Nimr, who was the intended target of bombing, according to police, escaped unharmed. Two police officers were killed.

isis-killer-beheading-video-story-top Netflix to include introductory warning video in 13 Reasons Why episodes
Mar 25, 2018 - 01:36
Netflix just a released a new video equipping teenagers and adults with helpful tips on suicide and other mental health issues. The show also caused a bit of controversy because some critics felt the show glorified suicide.

isis-killer-beheading-video-story-top Afrin, the movie, premieres days after Turkish army…
Mar 25, 2018 - 01:32
Ankara has accused the US of not fulfilling a promise to move Syrian Kurdish fighters out of Manbij. They have vowed to continue the fight, using hit-and-run attacks against Turkish troops in Afrin.

isis-killer-beheading-video-story-top 'Unhappy' Trump Reverses Threat To Shut Down US Govt
Mar 25, 2018 - 01:27
The surprise threat also threatened to undermine future efforts by White House staff tasked with negotiating on Trump's behalf. If Trump were to veto the bill it would also torpedo the Taylor Force Act, which was included as a rider.

isis-killer-beheading-video-story-top Activists and lawmakers react to Trump's transgender military ban
Mar 25, 2018 - 01:23
The Pentagon responded by allowing those serving to stay in the military, and began allowing transgender individuals to enlist beginning January 1.

isis-killer-beheading-video-story-top Meghan Markle Hints at Having Babies of Her Own
Mar 24, 2018 - 17:03
Instead of her usual pants look, the royal-to-be opted for midi skirt by Greta Constantine for the busy day. Not only did the pair take in some performances, but they also offered up words of support.

isis-killer-beheading-video-story-top Russian Federation tension: British diplomats leave Moscow
Mar 24, 2018 - 17:03
Alexander Yakovenko also wrote to Detective Sergeant Bailey, who has said his experience was "completely surreal". We spoke for about half an hour. "His mother, brother and other relatives were (in Russia)".

isis-killer-beheading-video-story-top Maryland students headed to DC for anti-gun violence march
Mar 24, 2018 - 16:59
Levy's mother, Nadine Sylvester, and sister, Kyla Robotham, are keeping his legacy alive by leading the calls to end gun violence. March For Our Lives will help gauge whether students can sustain the momentum of their movement and push lawmakers to act.