The Presidential Daily Brief


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    Zuckerberg: Facebook Will Shift to Private Sharing

    Facing increasing pressure to better protect user data, CEO Mark Zuckerberg announced his intent yesterday to push the social network toward focusing on private communication. But while declaring in a 3,200-word blog post that “a privacy-focused communications platform will become even more important than today’s open platforms,” he offered few details about how Facebook would shift its strategy.

    What would this mean for business? Observers question how the $490 billion company would be able to continue its lucrative advertising-based model, which depends largely on public sharing.

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