As Facebook plays catch-up, the power in social media has shifted from Silicon Valley to China — with a new set of data privacy concerns, writes shapshak.
For the past 15 years, the social media revolution has been led by Silicon Valley. Facebook came to define this new form of content sharing — using targeted advertising, based on personal information, to become a $1-trillion company and make CEO Mark Zuckerberg and his lieutenants the most powerful people in the industry.
After controversially acquiring Instagram and WhatsApp, Facebook broke most of its privacy promises and began assimilating these diverse data caches into one giant database. It has admitted that it has no idea who has access to this database or how to unscramble that egg...
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