{"id":73456,"date":"2018-03-21T14:00:14","date_gmt":"2018-03-21T21:00:14","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=73456"},"modified":"2018-03-21T13:15:51","modified_gmt":"2018-03-21T20:15:51","slug":"facebook-data-scandal-odds-on-mark-zuckerberg-resignation","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/facebook-data-scandal-odds-on-mark-zuckerberg-resignation\/","title":{"rendered":"Facebook Data Scandal Has Company Up Against Wall, Bettors &#8216;Like&#8217; Odds on Mark Zuckerberg Resignation"},"content":{"rendered":"<p class=\"p1\">The Facebook data breach exposed information on more than 50 million users to analytics firm Cambridge Analytica. The scandal might additionally expose Facebook CEO Mark Zuckerberg&#8217;s job security.<\/p>\n<figure id=\"attachment_73459\" aria-describedby=\"caption-attachment-73459\" data-style=\"width: 3888px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-73459\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/03\/Mark-Zuckerberg-Presentaion.jpg\" alt=\"Facebook data scandal Mark Zuckerberg\" width=\"3888\" height=\"2592\" \/><figcaption  id=\"caption-attachment-73459\"class=\"text-description\">Mark Zuckerberg is the face of Facebook, but overseas oddsmakers feel there&#8217;s a decent chance that not might be the case for much longer. (Image: Brian Solis\/Creative Commons)<\/figcaption><\/figure>\n<p class=\"p1\">In the wake of bombshell investigations from <i>The New York Times<\/i>,<i> The Observer<\/i>, and <i>The Guardian<\/i>, online casino Paddy Power is offering up a smattering of lines on the potential outcomes related to the <a href=\"https:\/\/www.casino.org\/news\/caesars-shareholder-george-soros-compares-social-media-to-casinos\">social media company&#8217;s<\/a> most explosive controversy to date.<\/p>\n<p class=\"p1\">The news outlets allege that Cambridge Analytica unlawfully obtained users&#8217; data from a third-party educational software developer, and used such information to help political clients determine which positions and messages resonated best. Facebook stock has plummeted on the allegations, with roughly $40 billion in market value wiped away.<\/p>\n<p class=\"p1\">Paddy Power bettors believe there&#8217;s a decent chance Zuckerberg is ousted.<\/p>\n<div class=\"callout\">\n<p class=\"p1\">The odds on the world&#8217;s fifth-richest person stepping down as CEO of Facebook are currently at 5\/1. That equates to a 16.67 percent chance, with a $100 wager and Zuck resigning netting the gambler $500.<\/p>\n<\/div>\n<p class=\"p1\">However, Facebook says it did no wrong, explaining in a statement that in 2015 the company learned that University of Cambridge Psychology Professor Dr. Aleksandr Kogan, who was authorized to receive user data for educational purposes and was to later delete the trove of information, sold the materials to Cambridge Analytica.<\/p>\n<p class=\"p1\">Facebook VP &amp; Deputy General Counsel Paul Grewal said, &#8220;Dr. Aleksandr Kogan lied to us and violated our Platform Policies by passing data \u2026 to Cambridge Analytica, a firm that does political, government and military work.&#8221;<\/p>\n<h2 class=\"p1\"><b>Likely to Testify<\/b><\/h2>\n<p class=\"p1\">Mark Zuckerberg stayed quiet in the immediate days following the Facebook data breach news. Congress is demanding answers.<\/p>\n<p class=\"p1\">&#8220;I want to know why this happened, and what&#8217;s the extent of the damage, and how they&#8217;re going to fix it,&#8221; Senator Amy Klobuchar (D-Minnesota) said Tuesday.<\/p>\n<blockquote class=\"main-blockquote\">\n<p class=\"p1\"><strong>Sen. Richard Blumenthal (D-Connecticut) declared, &#8220;Mark Zuckerberg needs to testify. He needs to be subpoenaed if he won&#8217;t do it voluntarily.&#8221;<\/strong><\/p>\n<\/blockquote>\n<p class=\"p1\">Facebook is sending staffers next week to Congress to brief intelligence, commerce, and judiciary committees in both chambers. PredictIt bettors believe it won&#8217;t be long until the chief executive visits the nation&#8217;s capita, too.<\/p>\n<p class=\"p1\">The market asking, &#8220;Will Mark Zuckerberg testify before Congress by June 30, 2018&#8221; is currently trading &#8220;Yes&#8221; shares at 60 cents.<\/p>\n<h2 class=\"p1\"><b>Paddy Business<\/b><\/h2>\n<p class=\"p1\">Never one to shy away from a <a href=\"https:\/\/www.casino.org\/news\/paddy-power-sets-500-1-line-on-world-ending-in-2018\">seemingly absurd bet<\/a>, Paddy Power is also taking wagers on the chances of Facebook closing down its operations. The odds are at 200\/1, a seemingly short line considering the social media company still has a market cap of nearly half a trillion dollars.<\/p>\n<p class=\"p1\"><strong>Paddy is also asking if Cambridge Analytica will be revealed to &#8220;have fixed the US presidential election&#8221; (40\/1), and if #DeleteFacebook will become &#8220;the most used hashtag of all-time&#8221; (50\/1).<\/strong><\/p>\n<p class=\"p1\">The online sportsbook took so much action on the potential closure of Cambridge Analytica that it suspended odds on the outcome. As substantial money rushed in on the offering, the line quickly shrunk from 200\/1 early Tuesday to just 2\/1 on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Facebook data breach exposed information on more than 50 million users to analytics firm Cambridge Analytica. The scandal might additionally expose Facebook CEO Mark Zuckerberg&#8217;s job security. In the wake of bombshell investigations from The New York Times, The Observer, and The Guardian, online casino Paddy Power is offering up a smattering of lines [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":73459,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,10,60,1074],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Could Facebook Data Scandal Lead to Mark Zuckerberg Resignation?<\/title>\n<meta name=\"description\" content=\"The Facebook data breach is spurring various online odds in relation to the scandal, including one surrounding the potential resignation of Mark Zuckerberg.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/facebook-data-scandal-odds-on-mark-zuckerberg-resignation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Could Facebook Data Scandal Lead to Mark Zuckerberg Resignation?\" \/>\n<meta property=\"og:description\" content=\"The Facebook data breach is spurring various online odds in relation to the scandal, including one surrounding the potential resignation of Mark Zuckerberg.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/facebook-data-scandal-odds-on-mark-zuckerberg-resignation\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-21T21:00:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-03-21T20:15:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/03\/Mark-Zuckerberg-Presentaion-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O&#039;Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O&#039;Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/facebook-data-scandal-odds-on-mark-zuckerberg-resignation\/\",\"url\":\"https:\/\/www.casino.org\/news\/facebook-data-scandal-odds-on-mark-zuckerberg-resignation\/\",\"name\":\"Could Facebook Data Scandal Lead to Mark Zuckerberg Resignation?\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/facebook-data-scandal-odds-on-mark-zuckerberg-resignation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/facebook-data-scandal-odds-on-mark-zuckerberg-resignation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/03\/Mark-Zuckerberg-Presentaion-scaled.jpg\",\"datePublished\":\"2018-03-21T21:00:14+00:00\",\"dateModified\":\"2018-03-21T20:15:51+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"The Facebook data breach is spurring various online odds in relation to the scandal, including one surrounding the potential resignation of Mark Zuckerberg.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/facebook-data-scandal-odds-on-mark-zuckerberg-resignation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/facebook-data-scandal-odds-on-mark-zuckerberg-resignation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/facebook-data-scandal-odds-on-mark-zuckerberg-resignation\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/03\/Mark-Zuckerberg-Presentaion-scaled.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/03\/Mark-Zuckerberg-Presentaion-scaled.jpg\",\"width\":2560,\"height\":1707,\"caption\":\"Mark Zuckerberg is the face of Facebook, but overseas oddsmakers feel there's a decent chance that not might be the case for much longer. 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Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. 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