Friday 30 March 2018

Apple CEO Tim Cook criticized FB's business model

 

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Tim Cook, CEO of American Tech Company, has criticized Facebook's business model. After the Facebook-Cambridge Analytics data break, questions are raised about Facebook's business model and data policy.

During an interview, Apple CEO Tim Cook said that the company should have regulated it long enough, but it is now too late. Cook has also said that the Facebook CEO Mark Zuckerberg did not allow him to take the situation.

They were asked if what would you do if Facebook CEO Mark Zuckerberg? In response, he said, 'I never get into this situation'

In the interview given to Rox, he has also criticized those people, including Facebook CEO Mark Zuckerberg, who use private data for people to earn money.

Tim Cook has said, "The truth is that if we monetize our customers, we can earn a lot of money. But we do not consider our customers to be a product. So we do not do that at all.

Tim Cook is not the first person who has criticized Facebook. Earlier, Tesla and SpaceX CEO Elon Musk also deleted their own company's page from Facebook. Apart from this, Whatsapp, which is now the Facebook company, has co-founder appealed to people to remove Facebook from Twitter.

It is noteworthy that Facebook has suffered a lot from this data leak and the company's stock has fallen steadily. It has also reduced the wealth of Mark Zuckerberg and is also surrounded by constant criticism.

Facebook CEO Mark Zuckerberg also admitted himself to a mistake and said that it should have been corrected earlier and he said sorry. After this, several major changes have also been announced, including a policy to make transparency transparent. With this, Facebook has tightened the rules for third-party applications.

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