Facebook's Zuckerberg unscathed by congressional grilling

Mark Zuckerberg’s Ex Speechwriter Is Calling BS On His Claims Of Ignorance

By David Adams

Lujan criticised Zuckerberg and his platform for taking information from people who haven't even signed a privacy agreement.

With an audit of thousands of Facebook apps under way, we may hear more in the coming weeks about just how cavalier some companies have been with our personal data.

Stressing that there is an online propaganda "arms race" with Russian Federation and it was important to make sure no one interferes in any more elections including in India, Facebook CEO Mark Zuckerberg said on Wednesday that his own personal data was "improperly shared".

Unfortunately, the most updated version of Facebook's "Personal Data Requests" page is archived here.

Whether U.S. users will have the same right to object to being micro-targeted by advertisers as laid out in the European Union's General Data Protection Regulation (GDPR).

Others poured cold water on the idea that Cambridge Analytica was able to use these profiles as grist for its research on swaying voters by cracking the code of human intention.

Zuckerberg said he was getting to the bottom of what the UK-based firm did and will tell everyone who may have been affected.

Facebook has been in the spotlight since news broke last month that the personal information of 87 million users had been illegally harvested by consultancy firm Cambridge Analytica in an attempt to influence political outcomes. We're still rating Facebook as a wide-moat and valuing it at $198 per share.

Noticeable Analyst's ideas: Kinross Gold Corporation (KGC)
According to finviz data, KGC stock's volatility for the week is measured at 3.98%, while for the month it is maintained at 3.23%. Institutions purchase large blocks of a company's outstanding shares and can exert considerable influence upon its management.

New VW boss vows reform, 'not revolution' to overcome diesel scandal
It will also split its brands into three new vehicle groups: value, premium and super-premium. Diess, 59, is a former BMW executive who since 2015 has headed the core Volkswagen brand.

Watchdog: Fired FBI Deputy Director Andrew McCabe misled investigators
The report is sure to give additional fodder for Trump's public attacks on McCabe. McCabe also said that he did not intentionally mislead investigators.

"We took this step in order to focus our efforts on supporting reasonable privacy measures in California", Facebook officials said in a written statement.

"It's very clear that Cambridge Analytica and these kinds of companies are the product of an environment to which Facebook has contributed greatly", says Mr Popov.

For all we know, Facebook may be only one of many social media companies have sold or shared private user information without permission. "Not everybody has the same level of knowledge and understanding of how Facebook works, how digital advertising works and all these sorts of things".

Rep. Raul Ruiz of California explained that Facebook's recent crises, despite the company operating under an FTC decree, may mean that the federal government should create a regulatory body that oversees how consumer data is collected and used.

"We don't sell the data". In his opening remarks at US Congress, he said: "Facebook is an idealistic and optimistic company".

"I think it's time to ask if Facebook has moved too fast and broken too many things", Rep. Greg Walden (R-OR) stated at the beginning of this morning's hearing.

Then the congressman took us down an Alice in Wonderland-style rabbit hole, where people who do not use Facebook are told to log in to their Facebook accounts to find out what data Facebook holds on them. Lawmakers tried a few times to get Zuckerberg to say this, but he never did.

"He said he's in favour of some kind of regulation, but he's not behind some kind of sweeping regulation of Facebook that some critics of the company would like to see", McCabe said.

Latest News