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Done to try to stand in the way of that, chuck schumer telling warner in your reporting to back off facebook, not to mention big potential conflicts of interest he has because his daughter works there. i think schumer honestly believes facebook is a company they should work with. he was also the single largest recipient of donations of facebook employees in 2016. he is their friend, their ally. when times got tough, they relied on him to try to get members of his party to back off. it didn t work well, but he certainly tried. there s particular focus in your piece on sheryl sandberg and criticism from within the company, folks inside the company, who suspect that she s more concerned about her personal profile with possible aspirations to return to public life over what s in the interest of the company. that was certainly the impression many in the company had. especially in the spring after the cambridge analytica story broke. the company is under tremendous pressure, and she wa ....
Is all of this just sabre rattling? stay tuned. first let s get to breaki news now. i want to bring in matthew rosenberg who broke the cambridge analytica story. the gang is all assembled. welcome. good evening to all. matthew, i m going to start with you because your new reporting, you have learned that the justice departmentme and the fb investigating cambridge analytica. what are they looking for? this is very early days and it is opaque as these investigations are. what we know is you ve got a senior prosecutor who deals in financial fraud who is being questioning former employees and others. they reached out to the banks cambridge analytica did business with. there s also been an fbi agent involved who deals with cyber crimes. people who have spoken with the prosecutors as witnesses and others have said that all they were told was that there was an ....
Don t pay for your service? senator, we run ads. i see. that s great. whenever a controversy like this arises, there s always a danger that congress s response will be to step in and overregulate. now that s been the experience that i ve had in my 42 years here. in your view, what sorts of legislative changes would help to solve the problem that the cambridge analytica story has revealed and what sorts of legislative changes would not help to solve this issue? senator, i think that there a few categories of legislation that make sense to consider. around privacy specifically, there are a few principles i think it would be useful to discuss and potentially codify into law. one is around having a simple and practical set of ways that you explain what you re doing with data. we talked a little bit earlier ....
whenever a controversy like this arises there is always the danger that congress will step in and overregulate that s been my experience that i have had. what sort of legislative problems the cambridge analytica story has revealed and what sorts of legislative changes would not help to solve this issue? senator, i think there are few categories of legislation that make sense to consider. around privacy specifically, there are few principles that i think it would be useful to discuss and potentially codify into law. one is around having a simple and practical set of ways that you explain what you are doing with data. and we talked a little bit earlier around the complexity of laying out these long privacy policy. it s hard to say that people fully understand something when it s only written out ....
Force for good but all we hear is how much harm the technology has caused to the technology and users and people who think their personal data is safe. is there any sort of mind shift or just in p.r., self salvation mode. he sounded proud of the company he built. when you build a company like facebook you re going to mess stuff up. that is the exact language that he used. so he knows is giving out personal information of 87 million people to a data targeting fm tha may have that is at the center of the mueller investigation to russia influence simply messing up. i think it is more than that. i think what comes out of the cambridge analytica story is they have no idea how millions tens of millions of users data is being use and who it got back to and they are putting band aids on it and this is a long haul. we are just at beginning and i ....