Zuckerberg says Facebook in 'arms race' with Russian Federation

Facebook to contact 87 million users affected by Cambridge Analytica data breach

Facebook to contact 87 million users affected by Cambridge Analytica data breach

In March, Facebook suspended Cambridge Analytica from its platform after an investigation from The Observer of London and The New York Times revealed that the firm improperly accessed user data. If he can figure it out, surely the young tech genius who founded Facebook can.

After resisting previous calls to testify, Zuckerberg agreed to come to Capitol Hill this month after reports surfaced - and the company confirmed - that Cambridge Analytica had gathered Facebook users' data.

Zuckerberg has been in Washington, D.C., this week to take responsibility for the company's handling of private user data.

"I would imagine probably most people do not read the whole thing", Zuckerberg admitted.

On Tuesday, he took questions for almost five hours in a US Senate hearing without making any further promises to support new legislation or change how the social network does business, foiling attempts by senators to pin him down. Facebook shares jumped as Zuckerberg spoke to the senators, closing up 4.5 per cent in NY trading. "So my position is not that there should be no regulation but I also think that you have to be careful about regulation you put in place".

Facebook has been consumed by turmoil for almost a month, since it came to light that millions of users' personal information was wrongly harvested from the website by Cambridge Analytica, a political consultancy that has counted US President Donald Trump's election campaign among its clients. "As a result, it doesn't appear your Facebook information was shared with Cambridge Analytica by "This Is Your Digital Life". "His suspension reflects the seriousness with which we view this violation", the company's board of directors said in a statement.

Much of the effort was aimed at denigrating Democrat Hillary Clinton and thereby helping Republican Trump, or simply encouraging divisiveness and undercutting faith in the US system.

Cambridge Analytica has maintained that it deleted the data it received from Kogan's app when it learned that its retrieval violated Facebook's terms of service, and has denied that data acquired via the app was "used by Cambridge Analytica as part of the services it provided to the Donald Trump 2016 presidential campaign".

Facebook CEO Mark Zuckerberg began a two-day congressional inquisition Tuesday with a public apology for a privacy scandal that has roiled the social media giant he founded more than a decade ago.

"We continue to have these abuses and these data breaches, but at the same time, it doesn't seem like future activities are prevented", DeGette responded. We've got to change that. It was my mistake, and I'm sorry. "I started Facebook, I run it, and I'm responsible for what happens here".

"Hopefully that will dispel a lot of what I've been hearing", said Peters, before moving on with his questioning.

He outlined steps the company has taken to restrict outsiders' access to people's personal information.

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