Facebook shares are taking it on the chin today as the Cambridge Analytica story unfolds and we learn just how insecure our Facebook data has been. The mainstream press has -- as usual -- understood only parts of what’s happening here. It’s actually worse than the press is saying. So I am going to take a hack at it here. Understand this isn’t an area where I am an expert, either, but having spent 40+ years writing about Silicon Valley, I’ve picked up some tidbits along the way that will probably give better perspective than what you’ve been reading elsewhere.…
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