> Wehner also said Facebook still expects expenses to grow 50% to 60% from last year
> “But as I’ve said on past calls, we’re investing so much in security that it will significantly impact our profitability,” Zuckerberg said. “We’re starting to see that this quarter.”
That sounds like a big 1-year jump. From what I can tell, the big Facebook scandals (fake news, Cambridge Analytica) came from faults in company policies rather than security glitches.
I wonder if labeling it "security" is a PR thing as their web ads all focus on FB taking active steps to make sure those types of scandals don't happen again.
> “But as I’ve said on past calls, we’re investing so much in security that it will significantly impact our profitability,” Zuckerberg said. “We’re starting to see that this quarter.”
That sounds like a big 1-year jump. From what I can tell, the big Facebook scandals (fake news, Cambridge Analytica) came from faults in company policies rather than security glitches.
I wonder if labeling it "security" is a PR thing as their web ads all focus on FB taking active steps to make sure those types of scandals don't happen again.