Zuckerberg says he's 'very confident' that Facebook will recover


Facebook's public trust is plummeting in the wake of privacy scandals, but the company's chief executive isn't worried.
Mark Zuckerberg said that he has no intention of resigning from his post as Facebook's CEO and chairman, even in the face of a federal investigation and calls for significant changes to the social media platform's privacy policies. In an interview with The Atlantic, Zuckerberg says that the company has "worked on a lot of hard problems over the last 14 years building Facebook. I'm very confident that we're gonna be able to work through these issues."
Last month, reports found that Cambridge Analytica, a data firm with ties to President Trump's 2016 campaign, had improperly accessed and shared information from as many as 87 million users. Other third-party organizations reportedly used similar tactics to harvest data, and the "breach of trust" has led to a public outcry and a 14 percent drop in Facebook's stock.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Zuckerberg announced Monday that Facebook would deploy an election research committee to assess how the platform could be used to manipulate elections and exploit user data. The committee will be funded by several independent foundations, and Facebook will take a hands-off approach to allow researchers to publish any conclusion they reach. Zuckerberg will testify before Congress this week to address privacy concerns. Read more at The Atlantic.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Summer Meza has worked at The Week since 2018, serving as a staff writer, a news writer and currently the deputy editor. As a proud news generalist, she edits everything from political punditry and science news to personal finance advice and film reviews. Summer has previously written for Newsweek and the Seattle Post-Intelligencer, covering national politics, transportation and the cannabis industry.
-
August 31 editorial cartoons
Cartoons Sunday’s political cartoons include FEMA's new scheme, Gavin Newsom's antics, and a clue in the Epstein files
-
Disarming Hezbollah: Lebanon's risky mission
Talking Point Iran-backed militia has brought 'nothing but war, division and misery', but rooting them out for good is a daunting and dangerous task
-
Woof! Britain's love affair with dogs
The Explainer The UK's canine population is booming. What does that mean for man's best friend?
-
New York court tosses Trump's $500M fraud fine
Speed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in Intel
Speed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to China
Speed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with Disney
Speed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B deal
Speed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance merger
Speed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profits
Speed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new high
Speed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year