The trusting developers not to sell any data but putting zero safeguards in place to prevent this and extremely punitive repercussions despite being repeatedly told by the public, media, and even high level employees tells me Facebook can't plead ignorance to this and they not only knew this was happening, but they probably intended for it to happen. They knew it was illegal but put all the incentives for companies not to follow the rules. That's the only hole in his statement.
As for the rest of it, it's progress. It seems like a lot of good changes, but Analytically Facebook execs probabaly summarized that this is the least they had to do to stave off regulations or monopoly anti trust from congress. Any less, regulations would still be placed on them so it's brilliant strategy to do this and frame it in a way that Facebook is concerned about all the damage and we voluntarily do this for you instead of the truth which was we knew about this forever and only are doing it because of threat of regulations.
Overall, an optimal outcome for all parties currently, except for society as a whole down the line
As for the rest of it, it's progress. It seems like a lot of good changes, but Analytically Facebook execs probabaly summarized that this is the least they had to do to stave off regulations or monopoly anti trust from congress. Any less, regulations would still be placed on them so it's brilliant strategy to do this and frame it in a way that Facebook is concerned about all the damage and we voluntarily do this for you instead of the truth which was we knew about this forever and only are doing it because of threat of regulations.
Overall, an optimal outcome for all parties currently, except for society as a whole down the line