Earlier quoted context omitted.
Facebook had enough time to cleanup this mess with Cambridge Analytica (CA). The news about how CA exploited their platform was out just after 2016 election results. If FB was even little bit serious about it they could have done at that time what they are doing now
It's not an "exploit". This stuff was freely given to Obama back in 2012. My best friend was a canvasser and before going into each house, the iPad they used told canvassers what to talk about and not to talk about. It knew who was pro-life so you wouldn't bring up abortion. It knows who's pregnant and who's recently had an abortion (you can get this through knowing what purchases someone has made and not made). Ther…
Facebook's product is not selling that data, it's selling ads using the data. You can only sell the data once, you can sell the ads forever.