https://www.cnet.com/news/apple-tim-cook-says-facebook-failed-to-regulate-itself/

In a jab at Facebook, Apple CEO Tim Cook said the gadget giant purposely chose not to make "a ton of money" off its customers' data and that Facebook failed to effectively regulate itself, prompting a need for government intervention. 

"I think the best regulation is no regulation, is self-regulation," Cook said. "However, I think we're beyond that here."