Wednesday in CE: Facebook Delays Smart Speaker Among Data Scandals
It has been 11 days since the Cambridge Analytica scandal went public and Facebook has already endured nearly $75 billion in market loss. To make matters worse, this is probably just the beginning.
Summing up the situation as briefly as possible, Cambridge Analytica and Facebook were not only collecting data from 50 million subscribers but went a step farther in analyzing and sharing those results in a troubling way that goes beyond just profits. Every quiz, search, and post like built a specific 'psychological profile of users' that helped determine your income, race, political views, and everything in between. Recent articles have even uncovered that CA has ties to the Trump campaign and may have swayed the U.K.'s 2016 Brexit vote. Underscoring all that, Facebook CEO Mark Zuckerberg will testify in front of Congress in the coming weeks.
It's a very Orwellian narrative that has brought both online privacy and social conditioning to the forefront. It also has made Facebook a little gun-shy about launching their smart speaker.