Facebook CEO Mark Zuckerberg Testifies on Capitol Hill About Data Hacking

Facebook CEO Mark Zuckerberg Testifies on Capitol Hill About Data Hacking

Facebook CEO Mark Zuckerberg has told United States senators his company is in a constant battle with Russian operators seeking to exploit the social network. "Along with protestors, here is the [person] is dressed as a troll, as in "trolling Mark Zuckerberg" at the Senate Commerce & Judiciary Committee".

"This is an extraordinary hearing", Sen. John Thune, a South Dakota Republican and Commerce chairman, said as the proceedings started. Zuckerberg repeatedly argued that Facebook users have had full control of their data all along, which only left open the simplest question of all: Why didn't they know it? "But this may be changing", Thune said. If you don't see a notification, you can go to this link.

How to watch Zuckerberg's hearings?

"It's clear now that we didn't do enough to prevent these tools from being used for harm", he said.

He said data privacy and foreign interference in elections were topics that they have discussed at the Facebook board meeting.

"We believe it is entirely possible that there will be a connection there", Zuckerberg said when asked if there was overlap between Cambridge Analytica's harvested user data and the political propaganda pushed by the Kremlin-linked Internet Research Agency during the 2016 presidential election, which Facebook has said was seen by some 126 million people.

'It was my mistake, and I'm sorry.

Zuckerberg admitted most users don't read the social network's terms of service before signing up.

MZ:"One of my greatest regrets in running the company is that we were slow in identifying the Russian information operations in 2016".

Mark Zuckerberg also admitted that he had made "a lot of mistakes" in failing to tackle fake news, hate speech and Russian meddling in the U.S. presidential election. This is an arms race.

"There are people in Russian Federation whose job it is to try to exploit our systems and other internet systems ... so this is an arms race".

Facebook CEO Mark Zuckerberg Testifies on Capitol Hill About Data Hacking

Facebook didn't immediately respond to a request for comment.

At one point, when warning about the dangers of too much regulation, Sen.

"It was very unclear what the next steps are - the most clear thing that the Senate asked for was that they asked for Mark Zuckerburg's own help crafting legislation to regulate himself".

Sen. Lindsey Graham, R-S.C., asked Zuckerberg:"Who's your biggest competitor?"

The fallout from the scandal, and Facebook's response, will continue for some time.

'You don't think you have a monopoly?' The campaign organized by Avaaz, a global activist group, featured 100 cutouts of Zuckerberg wearing a t-shirt that said "fix Fakebook".

Graham: If I don't want to buy a Ford, I can buy a different kind of vehicle.

This is going to haunt you for a while.

Zuckerberg: Well Senator, I think people are concerned about it and I think these are incredibly important issues that people want us to address.

"My position is not that there should be no regulation".

Consider the recent consumer banking app announced by Citigroup, which said in late March that it will provide financial advice to anyone, including noncustomers, in exchange for their personal data.

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