By Andrew Young-
Facebook’s chief executive,Mark Zuckerberg, has promised to review its responsibilities, as news of its quarterly sales rose by nearly 50%
Zuckerberg’s prosperous company announced that revenues rose to $11.9bn in the first three months of the year, compared to $8bn previously. Chief executive Mark Zuckerberg said: “Despite facing important challenges, our community and business are off to a strong start in 2018.”
The computer genius re-iterated a pledge he recently made that the firm is “taking a broader review of our responsibility”. He added: “But we also need to keep building new tools to help people connect, strengthen our communities, and bring the world closer together.”
RESPONSIBILITY
Its responsibility in this sense is to protect the data of its users from manipulation and access to unknown parties.
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However, Zuckerberg would have been overjoyed to discover an announce that his company’s advertising revenue experienced a £4bn rise to $11.7bn in the three months to the end of March, compared to $7.8bn in the same period a year ago. He still knows that customer trust and data protection is most important, no mater the business success of hs company.
In March, towards the end of Facebook’s reporting period, the company was embroiled in a massive privacy scandal involving the political consultancy Cambridge Analytica, The giant company admitted the data of 87 million users had been improperly shared with the consultancy. However, Mr Zuckerberg also announced an internal audit had uncovered a fresh problem in which malicious actors had been abusing a feature that compromised use#s details. The feature allowed users to search for one another by typing in email addresses or phone numbers into Facebook’s search box.
Commenting on the first quarter results, Mr Zuckerberg said: “We are taking a broader view of our responsibility and investing to make sure our services are used for good.
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“But we also need to keep building new tools to help people connect, strengthen our communities, and bring the world closer together.”
Facebook said the average number of their daily active users over March had risen to to 1.45 billion, a 13% increase year-on-year. Monthly active users for March also rose by 13%, to 2.2 billion, and the number of staff saw a steep 48% increase to 27,742.
tools as well.”
Mr Zuckerberg also announced an internal audit had uncovered a fresh problem. Malicious actors had been abusing a feature that let users search for one another by typing in email addresses or phone numbers into Facebook’s search box.
As a result, many people’s public profile information had been “scraped” and matched to the contact details, which had been obtained from elsewhere.
“It is reasonable to expect that if you had that [default] setting turned on, that in the last several years someone has probably accessed your public information in this way,” Mr Zuckerberg said.
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