Facebook Rallies After Zuckerberg Signals Muted Impact From Data Crisis
- Zuckerberg defends firm after new revelations on access
- Company pulls tool that let malicious actors scrape profiles
Zuckerberg Responds to Facebook User Privacy Concerns
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Facebook Inc. spent much of Wednesday outlining ways that the privacy of its 2 billion users might have been compromised for years by the company’s lax data policies.
The shares rallied anyway Thursday after Chief Executive Officer Mark Zuckerberg stoked optimism that the drumbeat of bad news may be coming to an end.