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Customer data was being 'weaponised' by firms to increase profits: Tim Cook

Facebook was investing heavily in both security and privacy even as this impacts on its profitability

Reuters 

Apple Chief Executive Tim Cook on Wednesday said customer data was being "weaponised with military efficiency" by companies to increase profit and called for a federal privacy law in the United States. But Facebook CEO Mark Zuckerberg defended his company's ad-based business model said users were aware of a trade-off for free services. Cook, speaking at the International Conference of Data Protection and Privacy Commissioners, said Apple would support a U.S. privacy law and also touted the iPhone maker's commitment to protect users' data and ...

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First Published: Wed, October 24 2018. 21:08 IST
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