Facebook Chief Operating Officer Sheryl Sandberg says the social media giant is "cooperating fully" with federal investigators after it found 3,000 ads coming from Russian Federation which targeted Americans during the 2016 campaign...
Business Insider said a firm that is a major source of news and information for people, generates billions in ad revenue and is producing its own original television shows is classified as a media company and Facebook does all of that.
This is an ongoing investigation, the new information will be posted as being reported.
"We're going to give them the material they want", she said.
Contrary to her claim, Facebook hired former NBC anchor Campbell Brown in January to head up the company's news division and work with other journalists to maximise their use of Facebook's platform.
Asked if that meant providing data on how ads were targeted to specific groups of people, Sandberg said Facebook was prepared to do so.
"Things happened on our platform in this election that should not have happened, especially troubling foreign interference in a democratic election", she said.
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The move comes as critics and lawmakers are increasingly calling for the regulation of Facebook and other internet giants.
Last month, Facebook agreed to hand over the ads to congressional investigators in addition to special counsel Robert Mueller.
Sandberg's meeting with the caucus was just the latest stop in an apology tour launched after Facebook faced harsh criticism for denying, back tracking, then finally admitting the key role it played in Russia's disinformation campaign.
Sandberg said Facebook would provide additional material to investigators as needed to determine the level of foreign interference in the USA election.
Sandberg didn't say whether she believes Facebook played a role in electing Donald Trump as president, as critics have said it did by allowing the spread of fake news on its service.
Besides discussing election meddling, the members also pushed for Facebook to improve diversity in its workforce, particularly in its upper management. Facebook has eight board members, all white.