Mark Zuckerberg says fixing Facebook’s data scandal will “significantly impact” its profitability

The CEO's prepared testimony ahead of Wednesday's US Congressional hearing has been released, and Facebook’s investors won’t be pleased about what he has to say. Backstory: Facebook is embroiled in a huge scandal because of the way its users’ data was shared with Cambridge Analytica, a firm that provided data to the Trump election campaign in 2016. The latest estimates suggest 87 million people were affected by the leak.
Read more: https://www.technologyreview.com/the-download/610804/mark-zuckerberg-says-fixing-facebooks-data-scandal-will-significantly-impact-its/?source=Snapzu