teknolojiarsivi.com July 20, 2018

Mark Zuckerberg survives unruffled after 2 days before Congress

14 April 2018, 01:48 | Floyd Cook

Mark Zuckerberg testifies in front of the Senate Chip Somodevilla Getty Images

Mark Zuckerberg testifies in front of the Senate

"Congressman, it's something that we're looking into".

Bucshon asked if Facebook is listening to conversations, or if it has contracts with companies that provide data that is acquired verbally.

"In that specific case, our team made an enforcement error and we have already gotten in touch with them to reverse it", Zuckerberg told Representative Joe Barton.

There's a lot Zuckerberg doesn't know (or says he doesn't know) that House lawmakers think he should.

Zuckerberg repeatedly defended the company's practices, saying that users have control over their own data and decide what to share.

Facebook founder Mark Zuckerberg faced more questioning Wednesday on Capitol Hill - this time in the House, where he testified about user privacy before the Energy and Commerce Committee.

Still, Facebook's stock remains 10 percent below where it stood before the scandal, a decline that has wiped out about $50 billion in shareholder wealth.

"After we were slow to identify the Russian information operations in 2016, this has become a top priority for our company to prevent that from ever happening again, especially this year, in 2018, which is such an important election year with the USA mid-terms, but also major elections in India, Brazil, Mexico, Hungary, Pakistan and a number of other places", he said.

When Wicker pushed him again, Zuckerberg's answer was more revealing: "I know that people use cookies on the Internet and that you can probably correlate activity between sessions".

In the same Ad settings menu, you can also disable a Facebook feature in which it uses your likes and interests to advertise to your friends and family.

Following the ensuing furore, Facebook, despite its silence on the matter at a public hearing, has been working on an investigation into the Russian interference by special counsel Robert Muller.

House lawmakers were a bit tougher on Zuckerberg than their colleagues in the Senate, many of whom seemed confused by the company and what it does. It's unclear, however, how many of those apps are also owned by Facebook. As for ads, it's for "the ad network that third-party websites and apps can run in order to help them make money", he said, adding that ad tracking can be turned off.

Lawmakers have sought assurances that Facebook can effectively police itself, and few came away from Tuesday's hearing expressing confidence in the social network. We have to make sure those connections are positive.

In Tuesday's hearing, Zuckerberg performed well - albeit woodenly - sticking closely to company talking points and avoiding embarrassing gaffes.

As internet technologies become all-pervasive in people's lives, the key question is what should be the right regulation, not whether there should be regulation at all.

He also said implementing regulation could put smaller companies at a disadvantage because they don't always have the level of resources necessary to comply.

Greg Walden, R-Ore., suggested government regulation of Facebook.

Facebook shares were trading up about 1 per cent on Wednesday having risen more than 4 per cent on Tuesday during Mr Zuckerberg's smoother Senate appearance. The data firm with alleged ties to Donald Trump's presidential campaign was reportedly able to access private information from roughly 50 million Facebook users without their knowledge.

Under mounting pressure over the hijacking of its user data by a British political consultant, Mr Zuckerberg reiterated his apology for the historic breach, before being grilled over how Facebook collects and protects people's personal information. "There's a whole programme associated with Cambridge", he said, "with a number of researchers who were building similar apps" to that constructed by Kogan.

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