Zuckerberg: Facebook Needs Help From “Journalists, Tech Firms And Governments” To Stop Election Hacking
by Tyler Durden
ZeroHedge.com
Thu, 09/13/2018
Facebook COO Sheryl Sandberg won praise for her testimony before Congress last week (though her confused responses to questions about hate speech on the company’s platform aggravated SJWs). But sadly for Facebook shareholders, regulatory threats (not to mention AG Jeff Sessions’ “openness” to investigating tech giants for consumer protection or antitrust violations) continues to weigh on the company’s share price.
And with FANG stocks still limping away from their worst market rout in months, Facebook CEO Mark Zuckerberg has published a 3,000 note on his Facebook page summarizing the company’s efforts to combat election interference on its platform.
While Zuck touted certain “triumphs” like the company’s use of algos to delete more than 1 billion fraudulent accounts purportedly created by foreign agents, and the company’s push to hire another 10,000 humans to weed out more sophisticated imposters, he also admitted that Facebook can’t secure elections in the US – and indeed around the world – on its own. For that, it needs assistance from journalists, the government and – most importantly – other tech firms.
“The last point I’ll make is that we’re all in this together. The definition of success is that we stop cyberattacks and coordinated information operations before they can cause harm. While I’d always rather Facebook identified abuse first, that won’t always be possible. Sometimes we’ll only find activity with tips from governments, other tech companies, or journalists. We need to create a culture where stopping these threats is what constitutes success — not where the information that uncovered the attack came from. For the complexity of the challenges ahead, this is the best way forward.”
According to Zuck, Thursday’s note will be the first of several updates to be published on his page before the end of the year.
Meanwhile, the company’s shares have edged higher in pre-market trading after shedding nearly 3% on Wednesday.
The Rest…HERE
