Facebook-Zuckerberg US Congress Hearings: Key Points

Mark Zuckerberg Congress testimony

It was Democratic Rep. Anna Eshoo of Palo Alto who asked Zuckerberg if his own information had been compromised in the Cambridge Analytica scandal.

Facebook Australian and New Zealand spokeswoman Antonia Sanda said: "Since 2014 [accessing the data of friends] hasn't been a feature, that particular permission was locked down years ago". We are sticking with our wide-moat rating and $198 fair value estimate for Facebook. "That's not how advertising works, and I do think we could probably be doing a clearer job explaining that, given the misperceptions that are out there", he said in response to a question. He also said that the firm will be increasing resources to investigate apps and take appropriate actions.

Countries where the percentage was lower, like Japan, tend to be places where people aren't as likely to use Facebook.

Regarding the pressure from regulators and an investigation into Facebook's mismanagement of user data and privacy, Pepper suggested, "I think (Zuckerberg) will be very deft in handling it". Facebook shares closed up 0.78 percent on Wednesday after rising 4.5 percent Tuesday.

By the time of the hearing's first break, Facebook's share price had risen by 5% - adding £3bn to his net worth. Zuckerberg told Rep. Gene Green (D-TX) today that enhanced privacy protections like those afforded to European users under GDPR would be extended to others around the world.

The complaints come as Facebook CEO Mark Zuckerberg prepares testifies before Congress in hearings set for Tuesday and Wednesday.

For many questions, Zuckerberg said he would need to consult with his team to provide answers - at times exhibiting a surprising lack of familiarity with the privacy debate that has sprung up around his company's activities ...

This kind of policy isn't unique to Facebook - many other companies, such as Netflix and Spotify, routinely mine data to market people's information.

He said that by the end of the year Facebook would have 20,000 people working on security and content review and would also step up use of artificial intelligence to weed out fake accounts and inappropriate content.

Fans gather outside Salman's residence in Mumbai and Jodhpur Jail
Four other Bollywood stars accused in the case - Saif Ali Khan , Sonali Bendre, Tabu and Neelam - were acquitted Thursday. Salman Khan's sister Alvira Khan arrives for his bail hearing at the session court in Jodhpur on Saturday.

Yet before 2014, Facebook didn't offer some of the estimated 87 million victims, whose shared data could have include private messages, the courtesy of refusal.

When asked about whether Facebook listens to users' phone calls?

Cruz then asked Zuckerberg if he was aware of any Facebook page being taken down from Planned Parenthood, which is richly rewarded by the Democrats. 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.

Zuckerberg said that non-Facebook users can only opt out of ad tracking.

Mr Zuckerberg, who, at 33, runs a multi-billion-dollar company with some two billion users, accepted personal responsibility for the leak of users' data and vowed that the company will do better in guarding such information.

The Facebook CEO was also grilled about user privacy, data collection, political bias and the social network's business model.

Facebook is working on a number of things, including deploying new Artificial Intelligence tools that can proactively catch fake accounts that Russian Federation or others might create to spread misinformation.

That's because Zuckerberg doesn't view Facebook as a social media company. It was my mistake, and I am sorry.

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