Congress has told US Energy Secretary Perry they expect prompt action to ensure power grid's security. Secretary Perry expressed confidence that the grid is capable of resisting Russian cyberattacks.
Facebook faces a very strong consumer backlash over the Cambridge Analytica affair. While Cambridge Analytica appears to have used data from Facebook in unanticipated ways, there are now more reports of similar use of customer information by others, including other political campaigns and consultants. The case is not a data breach, but rather analysis and use of information the owners provided Facebook. The US Congress intends to summon Facebook executives to testify on the company's data use policies, and the Federal Trade Commission has opened an investigation. There's international investigative interest as well: both the British and European Parliaments want to hear from Facebook's leaders.
Many observers call this a tipping point for the tech industry as a whole, dependent as it is on its ability to monetize personal information for marketing. A piece in the San Jose Mercury News suggests that Silicon Valley is ripe for anti-trust and other strong regulatory treatment. The Mercury News calls public mistrust and resentment "unprecedented," but there is a precedent, just not in the tech sector: Silicon Valley increasingly looks like the oil and steel sectors did when the trust-busters turned on them at the end of the 19th Century's Gilded Age.
The faces of Facebook, Mark Zuckerberg and Sheryl Sandberg, have been little seen. Many suggest it's time for them to lean in.