"Look, this is bad," Mark Zuckerberg told reporters during an impromptu conference call today. The Facebook CEO spent much of the time taking responsibility for the privacy scandals that have consumed his company recently, but he also pointed out that he's been the victim of fake news. Contrary to a recent Reuters report, he said, new controls for privacy settings required by European law will roll out globally.
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Facebook has spent the past few weeks on an apology tour amid the fallout of its Cambridge Analytica data-sharing scandal, in which the company lost control of extensive information on 50 million users harvested without their consent. They have dispatched founder Mark Zuckerberg to recite talking points, shuffled around some privacy settings, recalibrated Zuckerberg's talking points, and in between relatively meaningless other directives, taken out full-page newspaper ads saying sorry (and subtly mentioning they expect other similar incidents to emerge).