Column: Extended winter, known as 'sprinter,' a source of many people's complaints
Facebook had struck a deal with the FTC in 2011 after an investigation into the social media company's privacy practices.
Zuckerberg pledged to limit the information the platform developers can access and they have to get users' approval. Since the external auditor didn't catch wind of the issue, it might not have asked the right questions to coax it out of Facebook, which obviously didn't volunteer the info.
"In our opinion, Facebook's privacy controls were operating with sufficient effectiveness to provide reasonable assurance to protect the privacy of covered information and that the controls have so operated throughout the Reporting Period, in all material respects for the two years ended February 11, 2017, based upon the Facebook Privacy Program set forth in Management's Assertion". A copy of the audit is still available online.
An audit of Facebook's privacy practices between 2015 and 2017 found no problems, even though the company knew during that time that Cambridge Analytica improperly obtained private data from millions of users.
The thoroughness of the audits conducted by PwC are questionable, and Senator Richard Blumenthal wants the FTC to reconsider their stance towards Facebook.
Earlier this week, Facebook said in a statement that it was "committed to improving the way we protect people's information, and to providing a safe and secure experience for the more than 115 million Indonesians on Facebook". It remains unclear whether Facebook kept PwC in the dark about the Cambridge Analytica scandal, just like it did its population of 2 billion until the whistleblower came forward.
The Cambridge Analytica revelations prompted the hashtag #DeleteFacebook to trend on Twitter, with both regular users and major celebrities jumping on board. Users will also have the option to download data collected by Facebook such as uploaded photos, phone s shared with the site and posts on users timelines. The social media company made it clear that it would like to respond to the Federal Trade Commission with any questions the organization may have about the scandal.
EPS for Apple Inc. (AAPL) Expected At $2.71
Zacks Investment Research cut shares of Apple from a "buy" rating to a "hold" rating in a report on Friday , January 19th. Among 8 analysts covering Consolidated Communications Holdings ( NASDAQ:CNSL ), 2 have Buy rating, 2 Sell and 4 Hold.
Man Utd legend Cole: Win FA Cup, or else..
For United, it is different. "They beat United earlier in the season comfortably so it's going to be a tough match for United". Over the years there have been many incredible games between the two and Saturday's cup clash is set to be another.
Lyrid meteor shower starts Monday night
It's always remarkable to see how surprised people are when they spot a meteor, since bright meteors are not all that uncommon. Last time Comet Thatcher came close to the sun was in 1861 and it is expected to return nearly 260 years from now, in 2276.
Germany hits brakes on Macron's European dreams
He said: "I will only support an enlargement when there is first a deepening and a reform of our Europe". Juncker said Macron's arrival in power in France had given new hope to the world's biggest trading bloc.