Bedugul Coffee: Thursday Morning Briefing: Zuckerberg apologizes for mistakes with Facebook user data

Highlights

Facebook Chief Executive Mark Zuckerberg apologized for mistakes his company made in how it handled data belonging to 50 million of its users and promised tougher steps to restrict developers’ access to such information.

The serial bomber whose deadly attacks terrorized Austin, Texas, for weeks left a 25-minute video “confession” on a cell phone found after he blew himself up yesterday as officers closed in to make an arrest, police said.

China blamed U.S. export restrictions for its record trade surplus with the United States, but expressed hope that a solution can be found to settle trade issues between the world’s two biggest economies as U.S. tariffs loom. Beijing is bracing for an announcement from Trump today of tariffs of as much as $60 billion on Chinese imports.

World

The Kremlin says Russia’s elections are free and fair. The Kremlin’s opponents say fraud and ballot-rigging are widespread. Proving who is right is extraordinarily difficult, so to cut through the war of words, Reuters’ Moscow bureau set out to gather hard data to show what happened during Sunday’s presidential election that gave Vladimir Putin another term as Russia’s president.

Former French president Nicolas Sarkozy told magistrates that accusations of illicit Libyan funding for his 2007 election campaign were a web of lies that had made his life “hell” and lost him a re-election bid in 2012, Le Figaro newspaper said.

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Commentary: “Roughly one in three international passengers in India are either heading to or arriving from the United Arab Emirates,” writes Afshin Molavi, a senior fellow at John Hopkins University’s Foreign Policy Institute. “Now that the UAE has become India’s gateway to the world, the two countries are also developing a strategic alliance that could reshape geopolitics across South Asia and the Middle East.”

Simon Robinson

@iron_emu

A close look at the iPhone shows how a big portion of US trade imbalance is due to imports of US products that use global suppliers + put together in China. The thing is, US keeps a huge chunk of value of such products at home. So taxing them hurts itself http://reut.rs/2pya1XU

12:58 AM - Mar 22, 2018