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Mark Zuckerberg wasn't warned about the worst crisis in Facebook's history, and it points to something rotten in the firm's culture

Mark Zuckerberg wasn't warned about the worst crisis in Facebook's history, and it points to something rotten in the firm's culture

February 19th, 2019|Tags: , , |

On Tuesday February 19, 2019, Jake Kanter at Business Insider wrote:
Facebook was roasted in a devastating report by British lawmakers on Monday.

After 18 months, 73 witnesses, 4,350 questions, and countless hours of evidence, British lawmakers have delivered an excoriating verdict on Facebook's year from hell.

Nowhere is this better evidenced than in Facebook's early handling of the enormous Cambridge Analytica data breach, a scandal that hobbled the company in March last year.Lawmakers were shocked at what Zuckerberg didn't know about the scandal — and said it pointed to structural issues at Facebook.

But the three anonymous executives' failure to flag the looming Cambridge Analytica scandal also raises questions about Facebook's reporting systems. This was also hinted at last week by the former security chief Alex Stamos, who told CNN it could be difficult for Facebook execs to admit fault.

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The latest news from Business Insider Jake Kanter has recently written 7 articles on similar topics including facebook:
  • "France pushed forward with plans to tax the revenue of internet giants, while Boris Johnson indicated his support for a similar idea in Britain". (July 5, 2019)
  • "Some 68% of independent Facebook shareholders voted to remove Mark Zuckerberg as chairman at the firm's annual investor meeting". (June 8, 2019)
  • "'Arrogance is not a substitute for good corporate governance,' said Michael Connor, who helped coordinate action among activist Facebook investors". (June 4, 2019)
  • "Activist Facebook investors will on Thursday vote on whether to fire Mark Zuckerberg as chairman and rip up the firm's dual-class share structure". (May 30, 2019)
  • "Bad actors installed the surveillance technology by phoning the target through WhatsApp's call functionality, according to the Financial Times". (May 14, 2019)
  • "Shareholders will vote on two proposals to overhaul Facebook's governance at the social network's annual shareholder meeting on May 30". (April 13, 2019)
  • "In putting out a fire over privacy, Mark Zuckerberg needs to be careful that he doesn't throw oil over another burning issue at Facebook". (March 22, 2019)