Facebook CEO Mark Zuckerberg Testifies Before Congress

Facebook CEO Mark Zuckerberg Testifies Before Congress

Facebook CEO Mark Zuckerberg Testifies Before Congress

But he stiffly defended Facebook's use of the data and postings of the 2.2 billion users of its free platform - in order to attract the ad revenue that the $480- billion company depends on. Facebook has said it may take legal action against Cambridge Analaytica, whose CEO stepped down during the second day of testimony of congressional hearings, and updated its developer platform so that outside coders could no longer obtain as much user data as they once could by building Facebook apps.

"We cannot have a society in which, if two people wish to communicate, the only way that can happen is if it's financed by a third person who wishes to manipulate them".

Lujan: So these are called shadow profiles, is that what they've been referred to by some?

On Wednesday morning, before Mr Zuckerberg's remarks, I visited the Cambridge Psychometrics Centre and found some acknowledgement of the harm caused to the university's reputation.

Lujan: I'll refer to them as shadow profiles for today's hearing.

An estimated one in 50 Australian Facebook users are thought to have their data leaked. "I didn't know anything about building a company or global internet service", he wrote in January 2018.

"Every piece of content that you share on Facebook, you own and you have complete control over who sees it".


"You are the product, and people are making money out of your transactions, your data, your behavior, your preferences", Dillon said.

Did we just get to the bottom of the "does Facebook listen to your conversations" conspiracy?

"Now that they have seen the error of their ways, we hope they will work with us proactively to protect the personal information of all Californians and support us publicly and financially".

In his written remarks, Zuckerberg called Facebook "an idealistic and optimistic company" and said: "We focused on all the good that connecting people can bring".

Now that you know the status of your data, what you decide to do with your account is up to you. "Facebook can engineer your consent to all kinds of data practices though obfuscated buttons, vague, abstract language, and a ceaseless stream of nudges, reminders, and efficiencies to get you to share". If you've ever used Facebook's Messenger app, you've likely given the company access to your phone contacts.

CNBC reports that both the London-based elections consultancy and Facebook are at the center of an ongoing dispute regarding the alleged harvesting and use of personal data.

In 2004, nearly 10 years after I graduated, when Mark Zuckerberg and his classmates - all male - had the idea of putting the Harvard facebook online, they didn't disguise its goal. While this week the Silicon Valley giant's stock has experience a modest recovery as its CEO appears calm and collected in front of USA lawmakers, the high-flying FAANG stock saw roughly $100 billion shaved off its market capitalization in the weeks following its latest data crisis.

Recommended News

  • Man Utd stars 'insulted and goaded' City players after 3-2 comeback

    Man Utd stars 'insulted and goaded' City players after 3-2 comeback

    We'll take your f***ing tables, ' was one insult thrown on the pitch as tempers began to heat up towards the end of the game. Jesse Lingard is understood to be the main instigator, who also clashed with Fernandinho soon after the half-time whistle.
    Russia's lawmakers propose bans on U.S.  imports and investments

    Russia's lawmakers propose bans on U.S. imports and investments

    Syria and its ally Russia have denied such an attack took place, and Moscow has accused Britain of helping to stage the Douma incident to stoke anti-Russian hysteria.

    Jets dominate Wild to take 2-0 series lead

    Like other sports, you have to win one in the other team's building. "All the matchups were hurting us [Friday]", Boudreau said. To wit, let's take a look at five players who have already wowed us so far in the National Hockey League postseason.
  • Larry Nassar victim accuses MSU interim president of offering secret payoff

    Larry Nassar victim accuses MSU interim president of offering secret payoff

    I asked if we could speak to him, just so that I could introduce myself, as a Survivor of Larry Nassar . Engler didn't make any attempt to deny Lorincz's claims during the trustees meeting.

    Twenty-First Century Fox, Inc

    Total volume is the number of shares or deals that point towards the overall activity of a security or market for a given period. The stock has observed its SMA50 which is now -1.75%. (NASDAQ: FOX ) has risen 15.46% since April 13, 2017 and is uptrending.
    Trump lawyer handled $1.6 million payoff for Republican donor

    Trump lawyer handled $1.6 million payoff for Republican donor

    So far this cycle, Broidy and his wife have contributed $614,000 to Republican campaign committees and the RNC, records show. The source says it allows the woman to speak about and take legal action concerning her alleged pregnancy if she so chooses.
  • Priyanka Chopra's new Hollywood movie 'A Kid Like Jake' trailer is here

    Priyanka Chopra's new Hollywood movie 'A Kid Like Jake' trailer is here

    Though Priyanka didn't have much to do in the trailer, it looks lovely and really a sensitive story that's needed to be told. Even though the film had Dwayne Johnson and Zac Efron in the lead, it tanked miserably at the Box Office.
    Pence announces $16M in aid for refugees fleeing Venezuela

    Pence announces $16M in aid for refugees fleeing Venezuela

    White House aides said Pence's presence will reassure allies of the administration's commitment to the region. -Mexican border. Trudeau is also scheduled to meet with Mexican President Enrique Pena Nieto Friday to discuss NAFTA.
    Marseille vs. Salzburg, Arsenal vs. Atlético Madrid

    Marseille vs. Salzburg, Arsenal vs. Atlético Madrid

    Arsenal will face Atletico Madrid in the semi-finals of the Europa League while Marseille will play Austria's FC Salzburg . Atletico's possible opponents in Friday's semi-final draw are Salzburg , Arsenal and Marseille .
  • Karnataka poll schedule was not leaked: EC Committee

    Karnataka poll schedule was not leaked: EC Committee

    The alleged leak of Karnataka Assembly Elections dates was just speculation, said the Election Commission of India on Friday. Who will be Karnataka's next chief minister? The JD (S) alone had got 19.89% last time.
    How researchers will protect your Facebook data from thieves

    How researchers will protect your Facebook data from thieves

    He also said that the messages were for a separate research project, and were never provided to Cambridge Analytica . The Facebook founder was unable to answer about what data was mined for security purposes and if that data was sold.
    Shenmue I & II Announced for PS4, Xbox One, and PC

    Shenmue I & II Announced for PS4, Xbox One, and PC

    Shenmue I & II re-releases are set to launch sometime this year both physically and digitally worldwide. What the "modern" control scheme will be, no one can yet say.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.