Monday, 23 April, 2018

Here's how much Facebook spends on Mark Zuckerberg

Mark Zuckerberg Mark Zuckerberg
Jan Cook | 17 April, 2018, 20:30

The company gets this data from websites and apps that let people share or like posts using Facebook plugins, or log into the website with their Facebook accounts.

Most of this isn't new information, but it's part of Facebook's initiative to be more transparent with the government and its users about how the data it collects is shared.

"Because of the high visibility of our company, our compensation and governance committee has authorized an overall security program for Mark Zuckerberg to address safety concerns due to specific threats to his safety arising directly as a result of his position as our founder, Chairman, and CEO", Facebook said in its disclosure.

Facebook is a "utility", as founder and sovereign ruler Mark Zuckerberg used to tell people before it became clear that this might have negative regulatory implications. And from the very beginning, the creators of Facebook and Twitter struggled to find revenue streams to finance their expensive-to-maintain platforms. Facebook had admitted that almost 5.62 lakh people in India were "potentially affected" by the incident.

During questioning, it was revealed by Zuckerberg that Facebook doesn't just track the data and usage of its registered users.

Search for vanished family turns up woman's body
The 31-metre drop killed the women, both 39, and their children Markis Hart , 19; Jeremiah Hart , 14; and Abigail Hart , 14. Police have said a search of the family's home in Woodland, Washington, turned up no suicide note.

Amid the raging Facebook-Cambridge Analytica controversy, Product Management Director of the company, David Baser tried to answer some "hard questions" and clarified about the data it collects and how it employs to its own benefit or in order to provide "better" services.

In a blogpost on Monday, the U.S. social networking giant said the programme in India aims "to fight the spread of false news on our platform". Not really. Any website that uses Facebook log in or sign up option, runs Facebook ads, has a Like button alongside its posts or uses Facebook analytics sends information about your browsing activity back to the social network.

"Going forward, we're going to address this by verifying the identity of every single advertiser who's running political or issue-oriented ads to make it so that foreign actors or people trying to spoof their identity or say that they're someone that they're not can not run political ads or run large pages", said Zuckerberg during his Congressional testimony. And it says that others like Google and Twitter do it too so why single out Facebook on the issue. So when a website uses one of our services, your browser sends the same kinds of information to Facebook as the website receives. "Facebook receives over a million DYI requests per month and under Irish data protection law it must comply with access requests within 40 days", wrote Facebook's privacy ops team in an email to Dehaye. If not, the company claims the data does not get used to create a profile.

Facebook had also launched a "Data Abuse Bounty" programme to reward people who report any misuse of data by app developers. "We'll keep working to make that easier".

"We also want to empower people to decide for themselves what to read, trust, and share by providing the community with more information and control..."

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