Chapter
Facebook whistleblower and Cambridge Analytica settlement
55:54 - 1:04:32 (08:38)
A recent Politico article claims that Facebook paid billions of extra dollars to the FTC in order to protect Mark Zuckerberg and Sheryl Sandberg from depositions and personal liability in the Cambridge Analytica scandal, and that the whistleblower who went public will receive a large share of the fines. Additionally, Facebook admits for the first time that Apple's privacy updates are hurting their ad business.
Clips
The speaker simplifies the concept of blockchain, comparing it to a database where data is verified by everyone.
55:54 - 58:21 (02:26)
Summary
The speaker simplifies the concept of blockchain, comparing it to a database where data is verified by everyone. They discuss the history of databases and how blockchain changed the way data is handled.
ChapterFacebook whistleblower and Cambridge Analytica settlement
EpisodeE48: The role of decentralization, China/US break down & more with Bestie Guestie Balaji Srinivasan
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Facebook is facing new issues on several fronts, including a continuous leak, admission that Apple's privacy updates are hurting their ad business, and allegations that they paid billions to the FTC to spare personal liability for Mark Zuckerberg and Sheryl Sandberg.
58:20 - 1:04:32 (06:11)
Summary
Facebook is facing new issues on several fronts, including a continuous leak, admission that Apple's privacy updates are hurting their ad business, and allegations that they paid billions to the FTC to spare personal liability for Mark Zuckerberg and Sheryl Sandberg. Meanwhile, a Facebook whistleblower is making accusations and a new poll shows that 80% of Americans believe the government needs to check big tech.