DAY TWO: The Best And Worst Of Zuckerberg Vs. Congress

13 Abril, 2018, 06:25 | Author: Arnold Perez
  • DAY TWO: The Best And Worst Of Zuckerberg Vs. Congress

But Zuckerberg frequently gave vague answers and often told members of Congress his team would follow up with them at a later time.

"You've said everyone controls their data, but you're collecting data on people that are not even Facebook users who have never signed a consent, a privacy agreement", Lujan said.

2017 was rocked by the news of Russian interference in the United States presidential elections and how social media channels, including Facebook, had been exploited for the same.

Following a slew of training from a variety of experts, Zuckerberg apparently assuaged some concerns of Facebook investors as the company's stock jumped over the course of the Senate hearing, closing at $165 a share, or up 4.5%.

Zuckerberg's trip to Washington for the two-day testimony came after weeks of damaging reports about the social network's data practices.

The reason for his DC visit: the revelation that political consulting firm Cambridge Analytica improperly obtained the data of 87 million Facebook users and mined it for President Donald Trump's 2016 presidential campaign. In addition, Russian operatives used bogus accounts in an effort to sow discord and shape voter opinion during the campaign.

Although shares of Facebook dipped Thursday morning, they are still up almost 3% since Zuckerberg entered Capitol Hill to face questions from the Senate Tuesday.

Facebook has faced significant backlash since the news broke of the data breach, with users going so far as organizing a Facebook boycott for Wednesday.

The 33-year-old founder of the social media service showed up wearing a dark suit and tie, instead of his usual T-shirt. Facebook stock rose 1.5 percent Wednesday.

The Government has warned Facebook ministers are prepared to bring in new tough regulations unless it reforms in the wake of the Cambridge Analytica scandal.

"Here's what everyone's been trying to tell you today - and I say it gently - your user agreement sucks".

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And he was unable to say how many types of data were being gathered about non-members.

But Representative Fred Upton, a Michigan Republican, said regulation "could create a harmful barrier to entry for some startups, particularly ones that might want to compete with you".

Zuckerberg has made many public apologies over the last few weeks. The lawmaker called that answer disappointing.

The company later backtracked, but Diamond and Silk claim there are still algorithms in place that make it hard for their fans to view their content - and other conservatives' content - on Facebook.

Later, when talking about content policy enforcement, Zuckerberg, again, noted where it all began, as if he were reminiscing fondly about his time at Harvard before he eventually dropped out.

But the hearing was about more than Facebook; it exposed a critical turning point as the power, sophistication and potential exploitation of technology outpaces what users, regulators or even its creators expected or seem prepared to handle.

Facebook has been reeling from its worst-ever privacy failure.

"I think everyone should have control over how their information is used,"Mr Zuckerberg said".

Congresswoman Anna Eshoo, a Democrat from California, said on Wednesday Facebook needs to make it "transparent, in pedestrian language".

■ Zuckerberg acknowledged that the social network in some cases collects digital information on consumers who aren't registered as users. However, considering he also said that the company tracks all users who visit pages with Facebook widgets on them for security purposes, that means not all tracking will stop.

"The internet is growing in importance around the world in people's lives, and I think that it is inevitable that there will need to be some regulation".

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