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March 28, 2018 10:20 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/6JjpFj_dndI/tim-cook-says-apples-customers-are-not-its-product-unlike-facebook
Tim Cook Says Apple's Customers Are Not Its Product, Unlike Facebook
An anonymous reader quotes a report from Ars Technica: Apple CEO Tim Cook said in an interview with MSNBC and Recode on Wednesday that Silicon Valley, and notably Facebook, should be far more careful with its customers' data in the wake of the Cambridge Analytica disclosures. "I think the best regulation is no regulation, is self-regulation," he said, according to Recode. "However, I think we're beyond that here." Cook reiterated points that he and former CEO Steve Jobs made previously, that Apple's business model -- unlike Google, Facebook, and many other tech companies -- is predicated on selling physical products rather than capturing data about customers. "We've never believed that these detailed profiles of people that have incredibly deep personal information that is patched together from several sources should exist," he said, according to The Wall Street Journal. "The truth is, we could make a ton of money if we monetized our customer -- if our customer was our product," he added. "We've elected not to do that."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/6JjpFj_dndI/tim-cook-says-apples-customers-are-not-its-product-unlike-facebook
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