ZUCKERBERG HEARING LIVE UPDATES: FACEBOOK FOUNDER ADMITS 'MALICIOUS THIRD PARTIES' TOOK HIS PERSONAL DATA
ZUCKERBERG HEARING LIVE UPDATES: FACEBOOK FOUNDER ADMITS 'MALICIOUS THIRD PARTIES' TOOK HIS PERSONAL DATA
Key Points
Zuckerberg appears before Congress from 7am PT (3pm GMT) to answer questions relating to data abuse of users
Zuckerberg's opening remarks: "It was my mistake, and I’m sorry... I’m responsible for what happens here."
Facebook founder says his data was sold to 'malicious third parties'
Mark Zuckerberg testifies before Congress
Facebook shares slightly dip during Zuckerberg's House testimony
From CNN's Paul La Monica
Facebook shares gave back some of their gains on Wednesday while Zuckerberg was fielding questions from House members.
The stock was down 0.2%, following a 4.5% surge Tuesday — the stock's best day since 2016.
Shares of other social media companies were mixed. Snap was up nearly 3%. Twitter fell 2.5%. YouTube owner Google was down more than 1%. LinkedIn parent Microsoft was flat.
Mark Zuckerberg says his personal data was sold to "malicious third parties"
Mark Zuckerberg was pressed by Congresswoman Anna Eshoo, a Democrat from California, on whether his own personal data was included in the data sold to "malicious third parties."
His answer?
"Yes."
Zuckerberg: Regulation of our industry is "inevitable"
Facebook CEO Mark Zuckerberg has said before that his industry probably needs to be regulated. He repeated that today during questioning from Rep. Fred Upton in the House hearing.
"The internet is growing in importance around the world ... I think it is inevitable that there will need to be some regulation. My position is not that there should be no regulation, but I also think you need to be careful about what regulation you put in place."
Zuckerberg told CNN last month that he would welcome more regulation of political advertising on the internet.
"There are things like ads transparency regulation that I would love to see," he told CNN. "If you look at how much regulation there is around advertising on TV and print, it's just not clear why there should be less on the internet."
Mark Zuckerberg blames "enforcement error" for punishing conservative social media stars
Facebook CEO Mark Zuckerberg blamed an "enforcement error" for conservative sisters Lynette Hardaway and Rochelle Richardson -- better known as Diamond and Silk on Twitter and Facebook -- being told their Facebook content was "unsafe," which they and their supporters decried as censorship.
"We have already gotten in touch with them to reverse it," Zuckerberg claimed, though as recently as yesterday the sisters claimed Facebook had not.
What happened: The Washington Post reported that the sisters began noticing Facebook was limiting the reach of their posts back in September, and when they sought an explanation, they heard nothing. This month they got an email from Facebook that read, “The Policy team has came to the conclusion that your content and your brand has been determined unsafe to the community. This decision is final and it is not appeal-able in any way.”
They start like this:
"We face a number of important issues around privacy, safety, and democracy, and you will rightfully have some hard questions for me to answer. Before I talk about the steps we’re taking to address them, I want to talk about how we got here."Facebook is an idealistic and optimistic company. For most of our existence, we focused on all the good that connecting people can bring. As Facebook has grown, people everywhere have gotten a powerful new tool to stay connected to the people they love, make their voices heard, and build communities and businesses. Just recently, we’ve seen the #metoo movement and theMarch for Our Lives, organized, at least in part, on Facebook. After Hurricane Harvey, people raised more than $20 million for relief. And more than 70 million small businesses now use Facebook to grow and create jobs.But it’s clear now that we didn’t do enough to prevent these tools from being used for harm as well. That goes for fake news, foreign interference in elections, and hate speech, as well as developers and data privacy. We didn’t take a broad enough view of our responsibility, and that was a big mistake. It was my mistake, and I’m sorry. I started Facebook, I run it, and I’m responsible for what happens here.
from :iptvsat.info
Facebook shares slightly dip during Zuckerberg's House testimony
From CNN's Paul La Monica
Facebook shares gave back some of their gains on Wednesday while Zuckerberg was fielding questions from House members.
The stock was down 0.2%, following a 4.5% surge Tuesday — the stock's best day since 2016.
Shares of other social media companies were mixed. Snap was up nearly 3%. Twitter fell 2.5%. YouTube owner Google was down more than 1%. LinkedIn parent Microsoft was flat.
Mark Zuckerberg says his personal data was sold to "malicious third parties"
Mark Zuckerberg was pressed by Congresswoman Anna Eshoo, a Democrat from California, on whether his own personal data was included in the data sold to "malicious third parties."
His answer?
"Yes."
Zuckerberg: Regulation of our industry is "inevitable"
Facebook CEO Mark Zuckerberg has said before that his industry probably needs to be regulated. He repeated that today during questioning from Rep. Fred Upton in the House hearing.
"The internet is growing in importance around the world ... I think it is inevitable that there will need to be some regulation. My position is not that there should be no regulation, but I also think you need to be careful about what regulation you put in place."
Zuckerberg told CNN last month that he would welcome more regulation of political advertising on the internet.
"There are things like ads transparency regulation that I would love to see," he told CNN. "If you look at how much regulation there is around advertising on TV and print, it's just not clear why there should be less on the internet."
Mark Zuckerberg blames "enforcement error" for punishing conservative social media stars
Facebook CEO Mark Zuckerberg blamed an "enforcement error" for conservative sisters Lynette Hardaway and Rochelle Richardson -- better known as Diamond and Silk on Twitter and Facebook -- being told their Facebook content was "unsafe," which they and their supporters decried as censorship.
"We have already gotten in touch with them to reverse it," Zuckerberg claimed, though as recently as yesterday the sisters claimed Facebook had not.
What happened: The Washington Post reported that the sisters began noticing Facebook was limiting the reach of their posts back in September, and when they sought an explanation, they heard nothing. This month they got an email from Facebook that read, “The Policy team has came to the conclusion that your content and your brand has been determined unsafe to the community. This decision is final and it is not appeal-able in any way.”
They start like this:
"We face a number of important issues around privacy, safety, and democracy, and you will rightfully have some hard questions for me to answer. Before I talk about the steps we’re taking to address them, I want to talk about how we got here."Facebook is an idealistic and optimistic company. For most of our existence, we focused on all the good that connecting people can bring. As Facebook has grown, people everywhere have gotten a powerful new tool to stay connected to the people they love, make their voices heard, and build communities and businesses. Just recently, we’ve seen the #metoo movement and theMarch for Our Lives, organized, at least in part, on Facebook. After Hurricane Harvey, people raised more than $20 million for relief. And more than 70 million small businesses now use Facebook to grow and create jobs.But it’s clear now that we didn’t do enough to prevent these tools from being used for harm as well. That goes for fake news, foreign interference in elections, and hate speech, as well as developers and data privacy. We didn’t take a broad enough view of our responsibility, and that was a big mistake. It was my mistake, and I’m sorry. I started Facebook, I run it, and I’m responsible for what happens here.
from :iptvsat.info
Comments
Post a Comment