If I post a photo on Facebook, I can choose whether it's visible to the public or to my friends or to a subset, a list of friends. Zuckerberg said the European standard, 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.
Cambridge Analytica, a UK-based voter profiling firm, as well as other analytics companies, obtained data on 87 million Facebook users after a Cambridge University researcher named Aleksandr Kogan created an app to harvest data and passed it along to the firms. The hearings were meant to inform lawmakers of Facebook's approach to data handling and privacy in the wake of recent revelations that political consulting firm Cambridge Anlaytica improperly obtained data on up to 87 million Facebook users from the academic, Aleksandr Kogan.
Ives says investors likely picked up on Zuckerberg's confidence on Tuesday. "If all we do is have a hearing then nothing happens that's not accomplishing anything".
According to Zuckerberg, the company has 200 people working on efforts to combat the promotion of "extremist" content.
Facebook pays third-party websites and apps to let it place tracking code across the internet and mobile devices.
Later in his testimony, Zuckerberg said people had suggested a paid version of Facebook and "we consider ideas like that".
Congressman Bobby Rush, Democrat of IL, charged that Facebook could be compared to the COINTELPRO surveillance program run by the Federal Bureau of Investigation in the 1960s. "Is it true that Facebook is going to charge to use the site?"
However, the Guardian said that whistleblower Christopher Wylie had looked at some direct messages on Kogan's database, and concluded it was "unclear" whether they had been using by Cambridge Analytica and its associates. "On Facebook you have control over your information", he said.
Sitting there was probably worse for him, than sitting in a theatre years ago and watching a movie portray him as a lousy person.
"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", he said. Yes, Zuckerberg answered unequivocally.
"Implementing changes to the platform so that privacy could be better protected is not trivial when it impacts the core business model". With few exceptions, the CEO revealed little new information.
The next steps aren't clear, but one can surely start by limiting the actual usage of social media apps.
Larger, more dominant companies like Facebook have the resources to comply with government regulation, he said, but "that might be more hard for a smaller startup to comply with".
The stolen data was so widespread that it even swept up information on Facebook CEO Mark Zuckerberg. That's also what makes Facebook so terrible: It knows everything about you.