Business Ethics Decision Sheet
Business Ethics Decision Sheet
Business Ethics Decision Sheet
2014
1. Facebook had become more concerned about data privacy
2018
1. User outrage over the exploitation of personal data was swift and vocal
2. New York Times reported up to 60 device manufacturing companies had been able
to access Facebook users’ friends’ data for nearly a decade
3. Start-ups began to emerge that specialized in assisting corporations to better
manage and fight the proliferation of targeted false campaigns.
4. Facebook released a six-point plan to prevent further abuse of the platform
2019
1. Zuckerberg announced a “pivot to privacy”
2. Antitrust investigation- Federal Trust Commission, U.S. Department of Justice
3. Facebook spent more than $3.7 billion on “platform safety”
2020
1. Antitrust investigation- European Union, U.S. federal government and 48 state
attorneys
2021
1. Facebook announced that they were planning to create a version of Instagram for
children under 13 years old
Probable actions –
1. Use of Artificial Intelligence for identifying most pornography, spam, and fake
accounts and increase in security system
2. Publishing transparency reports
3. Constantly following the trend with updates and launches like News Feed, “hit”
button, etc.
4. Keeping up with the competitors by acquisitions
5. Releasing six-point plan to prevent abuse of Facebook’s data
6. Revisiting the exemptions to existing laws for social media players
7. Implementation of data protection legislation
8. Creation of a Digital Protection Agency