Published: Fri, April 13, 2018
Finance | By Kristine Clayton

How long will the Mark Zuckerberg testimony to Congress last today?

How long will the Mark Zuckerberg testimony to Congress last today?

Facebook is notifying users if their data was shared with the firm Cambridge Analytica, and many are seeing notifications on their dashboards.

Wearing a dark suit and tie and prefacing nearly every remark with "Congressman" or "Congresswoman", Zuckerberg repeatedly defended the company's privacy practices, saying that users have control over their own data and decide what to share.

"It is inevitable that there will need to be some regulation" of internet firms, Zuckerberg said on Wednesday, but he again steered away from any specifics.

I know, it's scary to think you'll suddenly be cut off from high school friends you no longer talk to in real life.

Mr Zuckerberg warned that lawmakers should be careful in what they propose and noted that larger companies like Facebook have more resources to comply with regulations than small startups. Zuckerberg has been grilled on the categories of information Facebook collects, its failure to crack down on opioid sales on its platform, and its building of "shadow profiles" of non-users without their consent.

Facebook is implementing the GDPR standards for European users next month, and some of its rules will be extended to U.S. and other users later, he confirmed. "It is going to be an expensive process with a lot of auditors, but we think this is the right thing to do at this point".

In addition, Representative Frank Pallone pushed Zuckerberg to commit to changing Facbeook's default user settings to minimise data collection "to the greatest extent possible". "They can delete their Facebook data when they want to", he added. No, Facebook doesn't sell your data.

It's true that Facebook doesn't sell your data directly to third parties, but it clearly profits from it. Thanks to user data, Facebook made $40 billion in advertising revenue a year ago, second only to Google when it comes to the share of the global digital advertising market.

Zuckerberg disclosed that his company is "working with" special counsel Robert Mueller in the federal probe of Russian election interference.

Zuckerberg clarified that there is a big difference between surveillance and Facebook.

"Yes, that's correct", he said when DeGette said since the revelations surrounding Cambridge Analytica, Facebook has also not noticed a decrease in user interaction on Facebook.

"So this is an arms race".

"But it's clear now that we didn't do enough to prevent these tools from being used as harm as well. But we were slow at identifying the type of - of new information operations".

Zuckerberg disclosed that Facebook employees had been interviewed by the special counsel's office as it investigates Russia's meddling in the 2016 United States election. And I would say that we do try to explain what we do as time goes on.

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