Everyone got really excited when Boy Billionaire Mark Zuckerberg went to Capitol Hill today so that US Senators could rake him over the coals because Facebook got breached by Cambridge Analytica and gave everyone’s private data away.
Hanging in the balance was the future of a $475 billion company, the existential regulatory future of the tech industry and our notional perception of privacy in the 21st century. Needless to say, Wall Street held its breath as Zuckerberg entered an extremely crowded Senate chamber and began to take questions from the assembled elected officials charged with defending our republic.
And then we got a lot of this:
“We sell ads.” Mark Zuckberg explains Facebook’s business model to Orrin Hatch. pic.twitter.com/ZZtKt8o5Qe
— Rob Tornoe (@RobTornoe) April 10, 2018
So then this happened: