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MLex Market Insight

Facebook, grilled by Congress, provides unprecedented answers

MLex Market Insight

MLex Market Insight

News

4.99 Ratings

🗓️ 20 June 2018

⏱️ 12 minutes

🧾️ Download transcript

Summary

Facebook’s privacy troubles keep piling up after the Cambridge Analytica scandal, and Congress isn’t happy. They’re now pressing for answers following reports that Facebook offered mobile device manufacturers special access to private user information. Meanwhile, Facebook is still answering questions about Cambridge Analytica. Last week, the company provided information to Congress about what happened. More than 400 pages of information, in fact. Mike Swift and Amy Miller in San Francisco discuss what it means for Facebook.

Transcript

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0:00.0

Hello and welcome to another MLX podcast. I'm Amy Miller, M-LX's senior privacy and data security reporter in San Francisco, California.

0:20.0

Facebook's privacy troubles keep piling up after the Cambridge Analytica scandal and Congress isn't happy.

0:25.6

They're now pressing for answers following reports that Facebook offered mobile device manufacturers special access to private user information.

0:33.6

Meanwhile, Facebook is still answering questions about Cambridge Analytica.

0:38.3

Last week, the company provided some answers to Congress about what happened, more than 400 pages

0:43.2

of information in fact.

0:45.2

Here to talk about what Facebook told Congress and what impact the responses may have is Mike

0:49.8

Swift, Mlex's chief global digital risk correspondent here in San Francisco.

0:55.0

Hi, Mike.

0:56.0

Hey, Amy.

0:57.0

So, how forthcoming was Facebook in its answers to Congress?

1:00.0

Well, Facebook had a lot of questions to answer.

1:04.0

There were literally hundreds of questions.

1:06.0

You could even say thousands if you looked at all the sort of sub-questions.

1:11.3

And they provided quite lengthy answers in a lot of cases, but you did notice that they

1:18.7

sidestepped a lot of questions.

1:20.8

For example, Senator Chris Coons of Delaware asked them flatly, how much money do you spend

1:26.9

on privacy and data security?

1:29.3

They declined to answer.

1:31.3

Senator Ed Markey asked them, would you promise to not use data that you collected about children

1:38.3

to target ads to them once they turned age 13?

1:42.3

Facebook didn't really answer that. Senator Ted Cruz asked Facebook to promise that they turned age 13. Facebook didn't really answer that.

...

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