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5:40 PM ET, March 21, 2018

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 Top News: 
Mark Zuckerberg:
Zuckerberg says Cambridge Analytica breached Facebook's trust, which caused Facebook to break users' trust, and vows to prevent it from happening again  —  I want to share an update on the Cambridge Analytica situation — including the steps we've already taken and our next steps to address this important issue.
RELATED:
Matthew Yglesias / Vox:
Zuckerberg and other execs are in denial about Facebook: it's not a force for good, having helped destroy industries and break societies and should be shuttered  —  It's not just about privacy; its core function makes people lonely and sad.  —  Facebook is enmeshed in another controversy …
Facebook:
Facebook to audit apps with extended data access in 2014 and earlier, ban developers refusing audit, inform users of misuse, revoke permissions for unused apps  —  Protecting people's information is the most important thing we do at Facebook.  What happened with Cambridge Analytica was a breach of Facebook's trust.
Sara Salinas / CNBC:
Facebook will roll out a tool next month atop News Feed that shows users which apps they've used and how to revoke permissions  —  - The founder and CEO had reportedly planned to wait until after the company's audit of the alleged mishandling of data before making any sort of comment.
Mathew Ingram / Columbia Journalism Review:
Q&A with David Carroll, a New York professor who sued Cambridge Analytica in the UK under the Data Protection Act, hours before news of the scandal broke  —  iday, David Carroll filed a legal challenge in Britain asking the court to force Cambridge Analytica to disclose how it came …
Jason Abbruzzese / NBC News:
Facebook confirms Zuckerberg will speak publicly in the next 24 hours on Cambridge Analytica scandal, as stock market plunges wipe nearly $50B of its value  —  #WheresZuck had become a question in the past couple days  —  Facebook CEO Mark Zuckerberg will speak publicly in the next 24 hours with a …
Washington Post:
Chris Wylie says Breitbart's Steve Bannon approved Cambridge Analytica's 2014 work to collect Facebook data; firm used focus groups to test views on Putin, more
Casey Newton / The Verge:
Source: Mark Zuckerberg expected to address Facebook employees about Cambridge Analytica scandal at 1pm ET on Friday during the company's regular Q&A session
Bart Jones / Newsday:
Les Payne, a former Newsday editor, Pulitzer Prize winner, and founder of the National Association of Black Journalists, has died aged 76  —  Distinguished journalist was a founder of the National Association of Black Journalists and a chronicler of memorable events in a Newsday career of nearly four decades.
Jason Schwartz / Politico:
comScore data shows Breitbart's readership has fallen by nearly 50%, a drop from 15M unique visitors in October to 7.8M in February  —  The onetime voice of the pro-Trump alt right struggles to find a niche without its driving force, Steve Bannon.  —  Breitbart, the alt-right news site …
Nitasha Tiku / Wired:
A look at the potential impact of EU's General Data Protection Regulation (GDPR), which grants standardized data protection rights to users across 28 countries  —  CONSUMERS HAVE LONG wondered just what Google and Facebook know about them, and who else can access their personal data.
 
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 More News: 
Jane Lytvynenko / BuzzFeed:
PR firm Third Dimension Strategies placed 33 opinion articles across 10 publications since 2016, with indications that at least three authors were fake
Paul Bond / Hollywood Reporter:
Rupert Murdoch's absence from News Corp following a serious back injury is worrying investors, as he says he'll be back in a couple of weeks
Scott Roxborough / Hollywood Reporter:
In a shock move, FremantleMedia CEO Cecile Frot-Coutaz is leaving to join YouTube where she will head up its EMEA operations
Christine Schmidt / Nieman Lab:
Whereby.Us launches newsletters in Portland, OR and Orlando after raising $250K, will launch in 25 cities by 2019, focuses on news and entertainment for locals
 Earlier Picks: 
Kevin Draper / New York Times:
Bill Simmons Media Group says President Eric Weinberger has left the company, three months after being suspended following filing of a sexual harassment lawsuit
Gangadhar Patil / Nieman Lab:
A look at three-year-old data journalism startup How India Lives, which has 11 staffers and hopes to earn $230K in revenue this year
Discussion: @pete_carvill
Peter Kafka / Recode:
Google and Facebook were built to destroy publishers, not help; Google's $300M pledge to journalism won't go directly to publications, who need real checks
Tom Namako / BuzzFeed:
Retired Lt. Col. Ralph Peters, a Fox News contributor for 10 years, quits and denounces the network as a “propaganda machine” in email to colleagues
Jim Rutenberg / New York Times:
Former Playboy model Karen McDougal sues National Enquirer owner, seeking to be released from a 2016 contract requiring silence about alleged affair with Trump