Facebook Scandal

This presentation is about Facebook Scandal. It covers it's overview, timeline, Key names in Facebook Scandal and why it is needed to know such news and facts. To make such presentations for a reasonably cheaper price, please visit https://sbsolnlimited.wixsite.com/busnedu/bookings-checkout/hire-designer-for-powerpoint-slides

1. Facebook’s Data Scandal

2. Overview It was a result of some events which started few years ago; Facebook announced the launch of a platform called Open Graph to third party apps in 2010 Cambridge academic Aleksandr Kogan created an app called ‘Thisisyourdigitallife’ in 2013 The app used the users information to make psychological report for getting a better targeted audience for the advertisers The same was claimed to be used at the time of American presidential campaign and Brexit polls

3. Timeline March 17- The New York Times and The Guardian’s Observer exposed the largest data breach in the history of Facebook (FB) March 18- US Senators called on FB Chief Executive Officer Mark Zuckerberg to testify before Congress March 19- FB’s Chief of Security Alex Stamos left FB in the wake of internal clashes March 20- Cambridge University psychology academic Aleksandr Kogan appears in a CNN interview and he claims to be used as scapegoat by FB and Cambridge Analytica (CA)

4. Timeline (contd.) March 21- Mark Zuckerberg breaks his silence, and FB’s shares dropped more than 9 percent, losing US$60 billion of its Stock Market Value since the scandal was exposed March 25- Zuckerberg took out full page advertisements in British and American Newspapers to apologize for the “breach of trust” April 10- Zuckerberg was scheduled to appear before a joint hearing of the Senate Judiciary and Commerce committees

5. Where it took place? Facebook Inc. Data of 50 million users was breached

6. Key names Mark Zuckerberg Aleksandr Kogan Christopher Wylie Robert Mercer

7. Reason to choose this news piece This scandal is a wakeup call for all FB users To create awareness about the sensitivity of the personal data available on social media This is a highly prestigious and controversial case

8. Relevance to my peers Most of FB users are between the age group of 18-34 years FB is a prominent part of majority of people’s lives and their loved ones Right of privacy is everyone’s basic right Data breach is a serious offense and users should be conscious of the information they share on a social platform

9. Sources Lin, K. Y. (2018, March 21). Timeline of Facebook, Cambridge Analytica scandal. The Str aits Times. Retrieved from https://www.straitstimes.com/world/united-states/timeline-of-facebook-cambridge-analytica-scandal Meredith, S. (2018, April 10). Facebook-Cambridge Analytica: A timeline of the data hijacking scandal. CNBC.com . Retrieved from https://www.cnbc.com/2018/04/10/facebook-cambridge-analytica-a-timeline-of-the-data-hijacking-scandal.html The Telegraph (2018, April 11). Highlights: Mark Zuckerberg's Congress grilling [Video File]. Retrieved from https:// www.youtube.com / watch?v =T_Jt-0b6M1w&feature= youtu.be