Apple co-founder protests Facebook by shutting down account

Apple co-founder protests Facebook by shutting down account

SAN FRANCISCO (AP) — Apple co-founder Steve Wozniak is shutting down his Facebook account as the social media giant struggles to cope with the worst privacy crisis in its history.

In an email to USA Today, Wozniak says Facebook makes a lot of advertising money from personal details provided by users. He says the “profits are all based on the user’s info, but the users get none of the profits back.”

Wozniak says he’d rather pay for Facebook. He says “Apple makes money off of good products, not off of you.”




Facebook CEO Mark Zuckerberg will testify on Capitol Hill on Tuesday and Wednesday about the company’s ongoing data-privacy scandal and how it failed to guard against other abuses of its service.

Facebook has announced technical changes intended to address privacy issues.

According to Norwegian tech site NRKbeta, Facebook has been reported to data protection authorities for breaking European privacy law in Norway, The Netherlands, Belgium, Spain, Portugal, Italy, and Greece.

After the revelation of the Facebook Cambridge Analytica scandal, the social media giant has admitted that as many as 87 million people’s data was affected, or about 27 million more than originally reported. The company says that mostly US citizens were affected, but it’s now clear that the data collecting affected users in Europe as well.

Since 2007, the social media giant has contributed a cumulative $381,000 to 46 of the 55 members on the House Energy and Commerce Committee, which will hear from Zuckerberg on Wednesday.

While the average committee member received between $6,750 and $6,800, Committee Chair Greg Walden (R-OR) received $27,000, and top-ranking Democrat Frank Pallone of New Jersey received $7,000 from Facebook.

Rep. Anna Eschoo (D-CA), whose district is adjacent to Facebook headquarters and home to many Facebook employees, received the most from Facebook at $55,150 since 2007. Eschoo narrowly lost a battle with Pallone for ranking Democrat position on the committee in the 2014 election.

Walden and Pallone announced Zuckerberg’s appearance on Wednesday to testify on “critical consumer data privacy issues.”

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“This hearing will be an important opportunity to shed light on critical consumer data privacy issues and help all Americans better understand what happens to their personal information online,” Messrs. Walden and Pallone said in a Wednesday statement. “We appreciate Mr. Zuckerberg’s willingness to testify before the committee, and we look forward to him answering our questions on April 11th.” (also, thanks for all that money Zuck! We’ll be sure to put the softballs on a plastic “T” for you)

Meanwhile, a Roll Call report reveals that two Democrats on the House Energy and Commerce Committee have nearly $100,000 invested in shares of Facebook – with Democratic Reps. Joe Kennedy of MA and Kurt Schrader of OR owning approximately $80,000 and $15,000 respectively.

Ten Democratic members of the Committee, including Kennedy, sent a letter last Thursday to the Federal Trade Commission (FTC) to commend the agency on its investigation into Facebook.

Meanwhile House Minority Leader Nancy Pelosi owns at least $500,000 shares of Facebook through her husband, while Texas Republican Rep. Michael McCaul reported at least $1 million in Facebook stock and around $30,000 in 2016 capital gains through his wife and child.

Pelosi’s office noted “These investments are Mr. Pelosi’s not Leader Pelosi’s. Leader Pelosi plays no role in this investment and has no stock investments of her own,” an aide said.

Mary Greeley News
www.marygreeley.com

credit: https://www.zerohedge.com/news/2018-04-07/facebook-gave-money-85-house-committee-questioning-zuckerberg-next-week

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