FIRST AIRED: December 19, 2018

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Transcript

00:00:00
>> We are going to keep investing heavily in security and privacy.>> Facebook firing back after a New York Times report said the social network gave other companies far more access to user's data than it had previously disclosed. In a blog post, Facebook admitted that it allowed companies, including the New York Times, and tech giants like Netflix and Spotify, to read people's private messages.
00:00:24
But it denied it did so without users' consent, and said it violated no FTC rules. This is just the latest in a series of privacy scandals for Facebook. Reuters correspondent Paresh Dave.>> 2018 was a terrible year for Facebook. It started with the revelation that Cambridge Analytica, a British political consulting firm, had gotten their hands on data of about 87 million Facebook users.
00:00:52
Another big moment came in their second quarter earning call in July, when Facebook said that their process would crumble over the next couple of years. Because they're spending so much money to improve their defenses, to deal with all of this political scrutiny.>> Citing documents from 2017, and interviews with more than 50 former employees, the New York Times reports also details how Facebook allowed Microsoft's search engine, Bing, to see the names of virtually all Facebook users' friends without their consent.
00:01:22
And it also details how it gave Amazon access to users' names and contact info through their friends. Both Netflix and Spotify told The Times they were unaware they had this type of access. And Facebook said they found no evidence that its partners abused it.