Citizens of Lilliput, unite! We must subdue the evil Gulliverer, Zuckerberg!
Variety's just-released cover story doesn't exactly say that, but that's the subtext of the trade magazine's "Gulliver's Travels"-inspired cover illustration (above right). In his piece headlined "Facebook Under Fire: How Privacy Crisis Could Change Big Data Forever," Variety's Todd Spangler quotes Daniel Ives, chief strategy officer and head of technology research at GBH Insights, as calling the Cambridge Analytica scandal "the darkest chapter in Facebook's 14-year history." Spangler then notes that,
The regulatory aftershocks could rattle companies beyond Facebook. In the big M&A deals in play in the media sectorAT&T's bid for Time Warner, Comcast's pending acquisition of Sky, Disney's proposed takeover of 20th Century Foxstreaming media is front and center. And everyone wants to use big data to serve up highly targeted ads over the internet, just as Facebook does. "Hundreds of billions of dollars [in digital ad spending] are at stake over the next several years over this issue," Ives estimates.