Bookending the company’s public affairs push were repeated public admissions of guilt by Zuckerberg himself. Zuckerberg’s mea culpa was warranted because he is not only Facebook’s founder, chief executive and chairman, but also controls nearly 60 percent of its voting stock. That Facebook and Google are so eagerly harvesting and selling our personal data should not come as a surprise. If you doubt that Facebook and Google’s core business is data aggregation, try downloading your personal history — but set aside some time. All of this shows that Zuckerberg’s testimony and the company’s actions are primarily geared toward preserving their business model and keeping it as unrestrained as possible.
Source: Indian Express April 13, 2018 14:04 UTC