“The Facebook-Cambridge Analytica saga is not going away quietly, underscored by Mark Zuckerberg’s appearance last week on Capitol Hill, where he answered questions from lawmakers on consecutive days,” Steven Dudash writes for Forbes.

“Let’s state the obvious: The hands-off approach that regulators have taken to its business practices is likely to come to an end. Whether the government can regulate such entities effectively is an open question, as evidenced by some of the exchanges Zuckerberg had with lawmakers last week,” Dudash writes. “The smart money right now, however, is on the company having to make changes to its policies that allow users to enjoy a greater level of control over their data.”

“The fallout from such a move would be enormous, provoking doubt among advertisers already concerned that daily user growth has begun to slow, sagging to its lowest rate ever during the fourth quarter. The big question is what happens to that number going forward? Could Facebook possibly experience a loss of users in the wake of this controversy?” Dudash writes. “There are parallels here to Wells Fargo, which at one time was the envy of the consumer banking world… Now, Wells Fargo is scrutinized like never before, with every few weeks bringing another batch of disturbing headlines… Facebook has similar risks.”

Read more in the full article here.

MacDailyNews Take: Facebook can’t fall out of favor quickly enough. The same goes for Google. People need to finally wake up.

The problem is two-fold: Facebook – and companies like Facebook that thrive on user data (Google, for one, if not the, prime example) and gullible users who piss their privacy and the privacy of their “friends” away willy-nilly while naively sending their DNA off to be analyzed by other companies.MacDailyNews, March 21, 2018

We use FaceBook as an RSS feed. Our CMS automatically reposts our article headlines and links them back to our website. That is our only interaction with Facebook and has been our only interaction with Facebook for years. We deleted our personal accounts [which we opened only so we could understand the Facebook phenomenon] many years ago.

If you want to share photos and videos with friends, text them using Apple’s end-to-end encrypted iMessage service. You need to control your social networking, not cede it to a gatekeeper like Facebook. – MacDailyNews, March 19, 2018

#deletefacebook

SEE ALSO:
I was one of the very first people on Facebook. I shouldn’t have trusted Mark Zuckerberg – April 17, 2018
Facebook AI predicts your future and sells this info to advertisers – April 16, 2018
Why there shouldn’t be a ‘next Facebook’ – April 13, 2018
How Facebook lets brands and politicians target users – April 11, 2018
Facebook’s Zuckerberg was ready to slam Apple if Congress asked him about Tim Cook’s privacy comments – April 11, 2018
Apple co-founder Woz quits Facebook – April 9, 2018
Mark Zuckerberg admits Facebook scans the contents of all private Messenger texts – April 4, 2018
Facebook to warn 87 million users that their data ‘may have been improperly shared with Cambridge Analytica’ – April 4, 2018
Mark Zuckerberg and the never-ending stench of Facebook – April 2, 2018
Apple may be the biggest winner from Facebook’s data scandal – April 2, 2018
Mark Zuckerberg blasts Apple CEO Cook’s criticism of Facebook as ‘extremely glib and not at all aligned with the truth’ – April 2, 2018
Apple CEO Cook: Facebook should have self-regulated, but it’s too late for that now – March 28, 2018
U.S. FTC will investigate Facebook over privacy or lack thereof – March 26, 2018
Apple CEO Cook calls for more data oversight, ‘well-crafted regulation’ after Facebook debacle – March 26, 2018
Facebook has been collecting call history and SMS data from Android devices for years; Apple iOS devices unaffected – March 25, 2018
Apple CEO Cook ramps up pressure on Facebook, calls for more regulations on data privacy – March 24, 2018
Steve Jobs tried to warn Mark Zuckerberg about privacy in 2010 – March 23, 2018
Facebook has gotten too big, too powerful, too influential for Mark Zuckerberg to handle – March 23, 2018
How to block Facebook completely from your Mac – March 22, 2018
How Facebook made it impossible to delete Facebook – March 22, 2018
What to expect from Facebook’s Zuckerberg if he testifies before Congress – March 21, 2018
Why Facebook’s blatant disregard for users’ privacy could be very good for Apple – March 21, 2018
Facebook’s surveillance machine – March 21, 2018
Mark Zuckerberg and Sheryl Sandberg AWOL from Facebook’s damage control session – March 20, 2018
U.S. FTC reportedly probing Facebook’s abuse of personal data as UK summons Zuckerberg for questioning – March 20, 2018
The problem isn’t Cambridge Analytica: It’s Facebook – March 19, 2018
Apple: Privacy is a fundamental right – September 27, 2017