Apple’s Tim Cook calls for regulation on data, says Facebook incident is ‘dire’

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Apple CEO Tim Cook called for stronger privacy regulations to prevent the abuse and misuse of data on Saturday in the aftermath of the leak of Facebook user information.

Speaking at the annual China Development Forum in Beijing, which he co-hosted, Cook called for “well-crafted” regulations to prevent the information of users being put together and then utilized in ways that they did not know about or approve of.

Cook’s statement will add to the mounting scandal hitting Facebook, which has pushed its stock price down 14 percent, and the growing pressure on co-founder Mark Zuckerberg to testify in public and overhaul its privacy protocol with app developers following revelations that his company allowed a firm paid by the Trump campaign, Cambridge Analytica, to amass personal data on 50 million users.

“I think that this certain situation is so dire and has become so large that probably some well-crafted regulation is necessary,” Cook said after being asked if the use of data should be restricted in light of the Facebook incident. – READ MORE

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