Why hating Facebook for leaking information won't stop us from using it

Why hating Facebook for leaking information won't stop us from using it

Why hating Facebook for leaking information won't stop us from using it

It's not just a social media site.

On the heels of Facebook chief executive Mark Zuckerberg's two-day congressional testimony to address the Cambridge Analytica scandal and the company's failure to protect users' personal data, new polling indicates a growing number of the social media network's users are "very concerned" about invasion of privacy when using the website.

How much data does Facebook collect on users - and non-users?

Facebook makes money by selling ads using our data (which is how we got here), so what about an ad-free version users pay for, so their data is untouched?

When Zuckerberg said for the umpteenth time that Facebook does not sell data, John Cornyn, R-Texas, said Tuesday, "you clearly rent it".

"Every time, there is a control right there - not buried in settings somewhere, but right there, when they're posting about who they want to share it with", he added.

On regulation, Zuckerberg said he was open to it.

Zuckerberg testified for around five hours in a Senate hearing on Tuesday. "But I think the details on this really matter". "Why should we trust you?" asked Democratic Representative Mike Doyle. He said Facebook had considered the data collection "a closed case" and had not alerted the Federal Trade Commission. So this is a failure of market competition the fact that they have allowed Facebook to become so big that it now can potentially be easily controlled by the competition law and controlled because there isn't anywhere else for anybody to go to exit Facebook get out or that kind of thing.

Syracuse University professor Jennifer Grygiel called the hearings "an important milestone".

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That "core thing" is the reason why Facebook views itself as in competition with sleep.

Rep. Jan Schakowsky, a Democrat from IL, recounted a long list of Zuckerberg's apologies over the years before concluding: "This is proof to me that self-regulation does not work". Shadow profiles are essentially pockets of data filled with information about those that have deleted Facebook or have yet to even set up a profile to begin with.

Investors in other social media stocks are enjoying a bump too.

By one measure, Zuckerberg succeeded in his Washington appearance.

For Zuckerberg, who often found himself explaining what his company does in rudimentary terms to lawmakers twice his age, the hearings could be considered a win: Facebook shares rose more than 1 percent after climbing 4.5 percent on Monday. "It was my mistake, and I'm sorry".

"This seems to be a relatively new approach for the company and I believe at least in part responding to critique of Facebook's slow and somewhat tone-deaf response to prior breaches that have led to user outrage". It's a platform, and it competes not only with other platforms for user attention to then sell that attention to advertisers, but with anything and everything that can occupy human attention.

Whether the data mined by Facebook for security purposes used in advertising targeting.

"No one is going to be able to sufficiently regulate' Facebook until lawmakers are adequately educated about how it works".

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