Facebook says it's open to some privacy regulation. Here's where to start

Facebook says it's open to some privacy regulation. Here's where to start

Speaking to the gravity of the situation, Facebook CEO Mark Zuckerberg traveled down to Capitol Hill this week where he fielded pointed questions from lawmakers about data privacy and a range of other issues.

"Yes or no, does Facebook use audio obtained from mobile devices to enrich personal information about users?" asked Sen. After all, Facebook has no real incentive to look after the data of its users, since those data are so valuable to companies around the globe. FaceMash was a prank website that I launched in college, in my dorm room, before I started Facebook. The fallout from the scandal also precipitated Mark Zuckerberg's appearance before the US Congress this week.

Zuckerberg said he was getting to the bottom of what the UK-based firm did and will tell everyone who may have been affected. The country also had more than 1 million Facebook users whose data may have been accessed by Cambridge Analytica.

A day earlier, Zuckerberg said he took personal responsibility for the improper use of 87 million people's personal data by Cambridge Analytica, which worked for Donald Trump's 2016 presidential campaign.

Its stock is down about seven percent this year and, ironically, shares hit an all-time high just before the Cambridge Analytica scandal hit, but they've been down 16 percent ever since.

In February, a Belgian court ruled that Facebook had violated European privacy law by tracking non-users because it had not obtained consent either to collect or store the data.

More news: Occidental Petroleum Corporation (NYSE: OXY)

One of the issues raised was about the alleged political bias of the platform, with conservative legislators asking about the removal of several popular conservative Facebook pages. "But there's more to do, and you can find more of the details of the other steps we're taking in the written statement I provided", he said. "Every time, there is a control right there - not buried in settings somewhere, but right there, when they're posting about who they want to share it with", he added. You didn't know about major court cases regarding your privacy policies against your company.

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.

Facebook does limit some content that could be related to "terrorism" but, "We don't think of it as censorship". One of the things that also came up in the hearings, and I am a firm believer in this, is that big companies generally don't get hurt by regulations. "We build planes to help connect people, and I don't consider ourselves to be an aerospace company", he said.

But he acknowledged that "it's clear now that we didn't do enough to prevent these tools from being used for harm as well".

"Nothing has changed in my mind over the last two days", says Ari Waldman, director of the Innovation Center for Law and Technology at the New York Law School and author of "Privacy as Trust". It was my mistake, and I'm sorry.

"Congressman, I do not know off the top of my head but I can have our team get back to you afterwards", came the familiar response which has become a crutch for Mr Facebook whenever he's been asked a question which may elicit an uncomfortable truth. "We have to make sure people aren't using it to harm people or spread disinformation", Zuckerberg told the Senators.

  • Curry targeting return in Western Conference semis

    Curry targeting return in Western Conference semis

    The Raptors have lost eight of 10 playoff games in the past two years to Cleveland, including a second-round sweep last season. There was never anything easy given to me - it was always this question, that question, and overcoming those odds.
    Searchers find

    Searchers find "personal items" of missing Valencia family in Eel River

    The family was scheduled to arrive to visit a friend in the San Jose area on April 6, but never showed up, authorities said. The Thottapilly family of Santa Clarita, California went missing one week ago today while they were vacationing in the area.
    Delta Air Lines, Inc. (DAL) traded

    Delta Air Lines, Inc. (DAL) traded

    Since December 7, 2017, it had 0 buys, and 3 insider sales for $5.39 million activity. (NYSE: DAL ) was bought by BLAKE FRANCIS S. The stock was sold at an average price of $56.06, for a total transaction of $504,540.00. (NYSE: DAL ) opened at 51.23 on Friday.
  • U.S.  aggression against Syria undermines United Nations , diplomatic solution

    U.S. aggression against Syria undermines United Nations , diplomatic solution

    France on Tuesday became the latest ally to warn of action if Syria "crossed a red line" in Saturday's suspected chemical attack. Security Council resolution that would have created a new inquiry to ascertain blame for chemical weapons attacks in Syria.
    Democrats Flood Andrew McCabe With Federal Job Offers To Save His Pension

    Democrats Flood Andrew McCabe With Federal Job Offers To Save His Pension

    He kept memos of his interactions with Mr Trump, US media reported on Saturday, adding that the documents could bolster his version of events.

    EPS for Corning Incorporated (GLW) Expected At $0.30 on April, 24

    B & T Capital Management Dba Alpha Capital Management bought 8,213 shares as the company's stock declined 20.19% with the market. ValuEngine raised shares of Corning from a "hold" rating to a "buy" rating in a research report on Friday, February 2nd.
  • Lion-hearted Tiger Roll wins Grand National thriller

    Lion-hearted Tiger Roll wins Grand National thriller

    The winning jockey, Ireland's 38-year-old Davy Russell, said he was delighted to have finally won the race at his 14th attempt. Some 26 horses failed to finish the race, either losing riders, pulling up, falling or being brought down.

    United States launches 'precision srikes' on Syria as UK, France join in

    Syrian state TV broadcast images of the destruction at the site, including piles of rubble and a burnt vehicle. He said the targets selected by US, British and French officials were meant to minimize civilian casualties.
    Ambedkar was apostle of social equality: Ram Madhav

    Ambedkar was apostle of social equality: Ram Madhav

    The crowd was gathered to protest against the Kathua incident but were misunderstood to be a "pro-rapists". Ram Madhav, further insisted that there was no problem in the PDP-BJP alliance in the state.
  • What we know about the U.S. airstrikes on Syria

    Dunford said there was some "activity" by Syrian surface-to-air missiles, but there were no reports of US or allied casualties. She said Russian Federation had thwarted diplomatic efforts to halt Assad's use of poison gas, leaving no option but force.
    Trump to Address Nation from the White House

    Trump to Address Nation from the White House

    New " Time " cover video shows Trump drowning amid "Stormy" weather in the White House. Trump claimed the USA will have a "sustained" response to curtail Syria .

    (AMT) Director Samme L. Thompson Sells 3500 Shares

    It increased, as 47 investors sold AMT shares while 280 reduced holdings. 107 funds opened positions while 301 raised stakes. As for the shares, it has gone below the 20 days moving average and is now hovering within a distance of -3.67%.