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Silicon Valley’s Regulatory Exceptionalism Comes to an End

Follow up to User data collection on Facebook much more extensive than just by Cambridge Analytica – Lawfare – Alan Z. Rozenshtein: “…Over the past few days, Facebook has lost tens of billions of dollars in market value as investors punish the company over its : that it carelessly turned over tens of millions of Facebook profiles, laundered through an academic researcher, to the Trump-aligned British political intelligence firm Cambridge Analytica, and then neither reported the breach nor changed its policies for months thereafter. This is only the most recent of Facebook’s woes—it’s still being actively investigated by the special counsel and the Senate intelligence committee for its unwitting (but careless) facilitation of Russian interference in the 2016 election. , Facebook CEO Mark Zuckerberg made clear that the company has finally accepted responsibility for making sure that the platform isn’t used to undermine political processes around the world: “This is a massive focus for us to make sure we’re dialed in for not only the 2018 elections in the U.S., but the Indian elections, the Brazilian elections, and a number of other elections that are going on this year that are really important.” So much for “moving fast and breakings things.”

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