Mar 22, 2018

Sandberg: Facebook is "open to regulation"

Sheryl Sandberg. Photo: Marla Aufmuth / Getty Images for Texas Conference for Women

Facebook COO Sheryl Sandberg told CNBC's Julia Boorstin that if she "could live this week again," she would speak sooner on the relationship with Cambridge Analytica.

What she said: Sandberg said she could not guarantee more breaches wouldn't come to light, saying "there will always be bad actors." She also told Boorstin the company is "open to regulation," echoing Facebook CEO Mark Zuckerberg's sentiment that this was a breach of trust with users.

Why now: The interview comes a day after she and Zuckerberg both addressed the "Cambridge Analytica situation" and six days after news of the scandal broke. She hewed very closely to the comments made by Zuckerberg in a media blitz Wednesday evening, after they were both criticized for not speaking up about the situation sooner.

  • She also noted that Facebook previously tightened its data use rules, which the company noted Wednesday in its outline of new steps it is taking to protect user data.
  • "We made the changes to make this data not available years ago, but that wasn't enough."

Between the lines: The two execs are being careful to respond to the public outcry while not adding fuel to the fire by elaborating about, for example, exactly what kind of regulation they would be open to.

Go deeper: Read what Zuckerberg told media outlets Wednesday evening.

Go deeper

Updated 40 mins ago - Technology

Twitter: Trump's Minnesota tweet violated rules on violence

Twitter said Friday morning that a tweet from President Trump in which he threatened shooting in response to civil unrest in Minneapolis violated the company's rules. The company said it was leaving the tweet up in the public interest.

Why it matters: The move exacerbates tensions between Twitter and Trump over the company's authority to label or limit his speech and, conversely, the president's authority to dictate rules for a private company.

Updated 54 mins ago - Politics & Policy

Trump threatens to "assume control" of Minneapolis over unrest

Flames from a nearby fire illuminate protesters standing on a barricade in front of the Third Police Precinct in Minneapolis on Thursday. Photo: Kerem Yucel/AFP via Getty Images

President Trump threatened via Twitter early Friday to send the national guard to Minneapolis following three days of massive demonstrations and unrest in the city over George Floyd, a black man who died in police custody this week.

Details: "I can’t stand back & watch this happen to a great American City, Minneapolis. A total lack of leadership. Either the very weak Radical Left Mayor, Jacob Frey, get his act together and bring the City under control, or I will send in the National Guard & get the job done right," Trump tweeted after a police station was torched by some protesters.

Updated 2 hours ago - Politics & Policy

In photos: Protests over George Floyd's death grip Minneapolis

Protesters cheer as the Third Police Precinct burns behind them on in Minneapolis on Thursday night. Photo: Stephen Maturen/Getty Images

Cheering protesters set a Minneapolis police station on fire Thursday night in the third night of unrest following the death of George Floyd, a black man who died in police custody in the city, per AP.

The state of play: Minnesota's governor on Thursday activated the state's national guard following violent outbreaks throughout the week, as the nation waits to see if the officers involved will be charged with murder.