Slider

Recent News

SPORTS

Technology

Trending

Games

BUSINESS

Economy

» » » » » Apple CEO Tim Cook Believes Facebook Should Have Regulated Itself


Apple CEO Tim Cook Facebook

Several tech companies have voiced their frustrations with Facebook’s handling of the recent Cambridge Analytics data privacy scandal. 


For example, Firefox developer Mozilla recently released the privacy-oriented “Facebook Container” app shortly after opting to pull their ads form the social media platform.

Now, it seems Apple is jumping on that bandwagon as well. Apple CEO Tim Cook recently came out against Facebook’s data privacy standards in several interviews – while the CEO generally prefer companies to regulate themselves as far as data privacy goes, he feels the window for Facebook to do so has long since closed.

“I think the best regulation is no regulation, is self-regulation,” Cook said to Recode and MSNBC. “However, I think we’re beyond that here, the truth is, we could make a ton of money if we monetized our customer – if our customer was out product,” Cook said. “We have elevated not to do that.”

Cook also isn’t a fan of the way Facebook builds “detailed profiles” of their users, “patched together from several sources.” Cook feels this sort of data collection is a result of Facebook treating their users as the product instead of the customer.

When asked what he would do if he was in Facebook CEO Mark Zukerburg’s situation, Cook simply said he “wouldn’t be in this situation” to begin with. Whether you love or hate Apple, the company’s business practices do seem to back up Cook’s statements for the most part.

As Recode notes, the majority of Apple income seems to come from selling products directly to consumers, businesses and educational institutions rather than data harvesting.


«
Next
Newer Post
»
Previous
Older Post
Play Pause