Post-Facebook data misuse, Apple, IBM CEOs say more protections needed

British data firm Cambridge Analytica allegedly sent foreigners to the U.S. to provide campaign advice to Republicans. Nathan Rousseau Smith has the story. In the aftermath of Facebook's data miscues, two more tech giants agree there's a need for better regulations to protect personal data shared online. Speaking at the three-day China Development Forum in Beijing, Apple CEO Tim Cook and IBM CEO Ginni Rometty both called for additional protections for user data. "I'm personally not a big fan of regulation because sometimes regulation can have unexpected consequences to it, however I think this certain situation is so dire, and has become so large, that probably some well-crafted regulation is necessary," said Cook, according to a report on the event from Reuters.