Zuckerberg Testimony Doesn't Change Our View on Facebook

Facebook's Mark Zuckerberg testifies to US Congress over Cambridge Analytica scandal

"You've said everyone controls their data, but you're collecting data on people that are not even Facebook users who have never signed a consent, a privacy agreement", Lujan said.

Although it's understandable that people in their 50s or 60s don't understand how Facebook works or what it does with users' data, it seems like most people would agree that they don't really understand either-no matter what their age.

While none of these entrepreneurs' companies directly compete with Facebook, they all want that next big data idea because by 2025, the average internet user will connect with a device once every 18 seconds - upwards of eight times more per day than they do now. It is possible that Facebook may come out with a variant which will require users to pay for the service and in return may not use their data for advertisements. He gave no further details.

When asked why the company did not immediately alert the 87 million users whose data may have been improperly accessed when first told about it in 2015, Zuckerberg said Facebook considered it a "closed case" after Cambridge Analytica said they had deleted it.

When New York Representative Paul Tonko asked if Facebook should "bear the liability for the misuse of people's data", Zuckerberg responded that the company takes "responsibility", but refused to claim his company was liable, stating CA was exclusively at fault. "In retrospect, that was clearly a mistake".

Zuckerberg said more oversight from the government on Facebook and other tech companies is "inevitable."

"This is a complex issue that deserves more than a one-word answer", Zuckerberg answered.

That may be enough to satisfy lawmakers for now. "Some things are striking during this conversation", she said. It also reignited long simmering concerns about Facebook's impact on the world's privacy, civil discourse and domestic institutions. Zuckerberg visibly had to face more hard questions today than his tryst with the US Congress yesterday.

Mr Zuckerberg repeatedly defended the company's privacy practices, saying that users have control over their own data and decide what to share. "We may also collect information to make it so that those ads are more relevant and work better on those websites", he said, adding that users can opt out of ad targeting.

And under "Defend Facebook", the notes advised the CEO that "If attacked", he should respond: "Respectfully, I reject that".

Committee members of both parties asked him about the Cambridge Analytica data breach that resulted in the disclosure of personal information belonging to possibly 87 million people.

It's totally understandable! Especially given the revelations over the past few weeks about user data collected and sold to Cambridge Analytica. Shares in Facebook posted their biggest daily gain in almost two years on Tuesday, closing up 4.5 percent. They posted their biggest daily gain in almost two years on Tuesday as Zuckerberg managed to deter any specific discussion about new regulations that might hamper Facebook's ability to sell ads tailored to users' profiles.