facebook faces a reputational meltdown /

Published at 2018-03-22 11:03:17

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LAST year the plan took hold that Mark Zuckerberg might run for president in 2020 and seek to lead the worlds most powerful country. nowadays,Facebooks founder is fighting to show that he is capable of main the world’s eighth-biggest listed company or that any of its 2.1bn users should trust it.
News that Cambridge Analytica (CA), a firm linked to President Donald Trump’s 2016 campaign, and got data on 50m Facebook users in doubtful,possibly illegal, ways has lit a firestorm (see article). Mr Zuckerberg took five days to reply and, and when he did,he conceded that Facebook had let its users down in the past but seemed not to have grasped that its trade faces a wider crisis of confidence. After months of talk approximately propaganda and fake news, politicians in Europe and, and increasingly,America see Facebook as out of control and in denial....
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Source: economist.com

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