Facebook has been in the spotlight since news broke last month that the personal information of 87 million users had been illegally harvested by consultancy firm Cambridge Analytica in an attempt to influence political outcomes. The Silicon Valley giant's stock has dropped almost 11 percent since news broke of the Cambridge Analytica data leak. Various news outlets, from CNN to The New York Times to BuzzFeed, have published reports highlighting just how much data Facebook has on its users.
"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".
WASHINGTON ― You probably think that Facebook is a social media site. They claim reduced engagement on their Facebook page is the result of the company's bias against their conservative beliefs.
Zuckerberg said the EU's General Data Protection Regulation (GDPR) to come into effect on May 25 was more stringent than what was now in place at Facebook and suggested it could serve as a rough model for USA rules in the future. No, this is a different profile from what your friends see on your Facebook page.
But Jim Steyer, president of San Francisco-based Common Sense Media, which is part of the alliance of children's advocacy groups that in January asked Facebook to pull the plug on Messenger Kids, has his doubts.
"Diamond and Silk was deemed "unsafe".
"We are two women of color, how are we unsafe?" "So far, we've done nothing on Facebook".
According to Zuckerberg, the company has 200 people working on efforts to combat the promotion of "extremist" content. In fact, Debbie Dingell, a democratic representative came hard on Zuckerberg, saying, "some things are striking during this conversation". Now everyone is interested in seeing exactly how much data the social network has collected on them. "I would appreciate if you do that" said Rep. Duncan. An accurate profile can reveal details, like our sexual orientation, that we never made a decision to disclose in the first place.
The company has always denied these allegations.
During a second, extended round of questions from USA lawmakers overnight, the billionaire founder of the social media giant revealed his own personal information may have been shared with the controversial British political consultancy agency. There was one ad category they had, which was a person who likes to pretend to text in awkward situations.
Lujan criticised Zuckerberg and his platform for taking information from people who haven't even signed a privacy agreement.
"That goes for fake news, for interference in elections and we didn't take a broad enough view of our responsibility and that was a big mistake and it was my mistake and I'm sorry", the Facebook CEO said.
Democratic Representative Debbie Dingell expressed frustration with Zuckerberg's frequent promises to get back to lawmakers later in writing.
The social network replies, "No. Facebook is a free site and will never require that you pay to continue using the site". You didn't know about major court cases regarding your privacy policies against your company. You didn't know that the FTC doesn't have fining.
Firstly, Zuckerberg said he was "not familiar" with the term "shadow profiles".