Last Update: December 20, 2022, 08:53 AM IST
Zuckerberg, Meta’s CEO, reiterated that timeline and noted that he was advised not to name the organizations in the speech. (File photo: Reuters)
In a 2017 speech, Mark Zuckerberg reportedly considered mentioning that Facebook was investigating organizations such as Cambridge Analytica, according to information from a deposition taken by the US Securities and Exchange Commission.
Mark Zuckerberg reflected on saying in a 2017 speech that Facebook was looking into “organizations such as Cambridge Analytica,” according to a statement by the US Securities and Exchange Commission detailing his.
But he chose to remove a reference to the political consultation that harvested the data of millions of Facebook users ahead of the 2016 US presidential election, a previously unrevealed move that could fuel shareholder allegations that Zuckerberg and other executives kept secrets from the public. Hiding information about someone. Its the biggest privacy scam ever.
When Meta’s executives became aware of issues related to Cambridge Analytica, and how they responded, is central to lawsuits in California and Delaware, in which shareholders alleged that the executives violated fiduciary duties and that consumers owed their Alleged misuse of personal information.
Lawyers for both sets of plaintiffs declined to comment.
Facebook, now organized as Meta Platforms Inc., ordered Cambridge Analytica to delete inappropriately collected user information in 2015 and has said it considers the matter resolved by March 2018 when New concerns emerge.
Zuckerberg, Meta’s chief executive, reiterated that timeline and noted that he was advised against naming the organizations in the speech, according to a transcript of the February 2019 statement, which Reuters obtained this month through a public records request Was.
Excerpts have been edited to make it unclear why Zuckerberg offered to refer Cambridge to it six months before additional allegations surfaced. In the statement, Zuckerberg asked aides in January 2017 to assess Cambridge’s claims about its influence on elections.
Meta declined to comment on the deleted reference, saying that its case with the SEC has been settled for more than three years.
Media reports in March 2018 suggested that Cambridge continued to take advantage of Facebook data, prompting a government investigation related to data protection practices, which Facebook settled for at least $5.1 billion in the United States.
The SEC asked Zuckerberg about a draft speech he wrote about Russia possibly interfering in the 2016 election by abusing Facebook services as part of its probing.
In the draft obtained by the SEC, Zuckerberg said: “We are already looking at foreign actors including Russian intelligence, actors in other former Soviet states, and organizations like Cambridge Analytica.”
Transcripts of his livestreamed remarks show he said: “We are looking at additional Russian groups and foreign actors from other former Soviet states as well as organizations like Campaigns.”
Zaman Qureshi, policy advisor for the consumer advocacy group The Real Facebook Oversight Board, said the statement should increase users’ doubts about Meta.
“The efforts to create confusion go further to show that the company’s leadership is difficult to trust,” Qureshi said.
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