04 June 2019
Facebook has faced a lot of criticism over the past year, due to its data breaches, privacy violations, and more. Now Facebook’s CEO Mark Zuckerberg has stated that the social platform will see a number of changes in the coming months.
"I know that we don't exactly have the strongest reputation on privacy right now, to put it lightly," Mark Zuckerberg stated during the company’s annual F8 developer conference in San Jose. He stated that big changes are coming soon in order to rebuild people’s trust in the platform.
Zuckerberg stated that Facebook will reform into a privacy-focused and secure service which will be a "simple, intimate spaces where you have complete confidence that what you say and do is private and clear control over who you're communicating with," he said.
"This is about building the kind of future that we want to live in," Zuckerberg told the crowd. The company's new mantra will reflect that idea: "The future is private."
It is a part of the company’s latest efforts to find a solution to the scandals that have engulfed it in the past months. The Cambridge Analytica scandal has fuelled concerns about the security of the world's largest social network, as well as raised questions about the company’s ethics and management.
Facebook users who log in at least once a month continues to grow, and has hit 2.38 billion by March end. Its sales continue to rise and have hit more than $15 billion in March, up nearly 26% from the same time a year ago. However, governments around the world are still investigating Facebook. The social media giant could be levied a fine of $5 billion in the US for its mishandling of users' data. Other nations across the world are also planning stricter laws regarding social media platforms and the spread of fake news.
"This focus on privacy was something that Facebook needed to do," said Debra Aho Williamson, an analyst for eMarketer. "There was really no choice but for them to adapt and adopt this focus."