Cambridge Analytica, a London-based data firm tied to President Donald Trump's campaign, gained access to information for an estimated 87 million Facebook users without their knowledge. In fact, Facebook COO Sheryl Sandberg confirmed as much by stating that users would need to pay to avoid having their data used for advertising. Similarly, Mozilla also announced that they are halting advertisement on the social network until remedial actions have been taken by Facebook. The profits are all based on the user's info, however users get nothing in profits. Facebook makes a lot of advertising money off this.
Wozniak explained that Facebook doesn't safeguard its consumers' data the manner Apple (AAPL) does, also instead profits from its user's information. "I did not feel that this is what people want done to them".
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According to USA Today, who saw the post before the profile disappeared, Wozniak wrote that Facebook "brought more negatives than positives".
"Anyone can go into their Facebook "settings" and look through the ads section to see why it so disgusted me".
However, Steve continues to be attached to his Facebook handle "stevewoz" and is loath to give up on that, not even for another Steve Wozniak. He further lauded Apple for working on people's privacy. "Playboy' has deactivated its Facebook accounts amid the backlash". CEO Tim Cook himself critiqued the social media giant recently, remarking that "I wouldn't be in the situation".
Days later, Zuckerberg hit back in an interview with Vox, calling Cook's comments ' extremely glib'. Facebook founder Mark Zuckerberg is in Washington as the week begins, and will testify in Congress tomorrow about the data crisis. "I think the best regulation is self-regulation".