Second day of United States congressional hearings awaits Facebook CEO Zuckerberg
“Fifteen percent of our panelists said there is nothing Facebook can do to regain trust as they are just ready to move on to something else”, wrote Carolina Milanesi, principal analyst at Creative Strategies, a market intelligence firm that worked on the survey with Techpinions.
Long before the recent Cambridge Analytica scandal and Mark Zuckerberg‘s Terrible, Horrible, No Good, Very Bad Day In Court, mathematician and co-founder of PersonalData.IO, Paul-Olivier Dehaye, was trying to get his hands on his complete Facebook user data file.
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In a related request, Mr Zuckerberg will provide details on how users are tracked (on all their devices) when they are logged out of Facebook. The company’s core advertising business is dependent on its large user base.
Facebook CEO Mark Zuckerberg had barely left his grilling in Congress before another group of lawmakers was getting ready to ask him to testify – in Europe.
Although it’s not been confirmed by Facebook, fuel has been added to the fire after a comment was made by Zuckerberg during his appearance. Future scandals could potentially damage the company’s reputation. As of March 31, Mr Zuckerberg owned 401.5 million shares of Facebook stock, now worth US$6.6 billion (AU$8.5 billion).
Kogan allegedly passed the information unwittingly submitted by Facebook users who downloaded the app to Cambridge Analytica.
Meanwhile, experts say that social media users in India have yet to learn ways to protect their privacy. The fact that Facebook’s ad targeting is, at times, so accurate that people assume the company must be spying on them is a great endorsement of Facebook ads.
The Facebook boss said he was not familiar with so-called “shadow profiles“, which media reports have described as collections of data about users that they have no knowledge of or control over.
Zuckerberg: Congressman, I’m not, I’m not familiar with that.
The Facebook chief “had always said the opposite, that it was going to kill the internet”, said Viviane Reding, the centre-right European Parliament member who initiated the GDPR when she was a European commissioner in 2012.
Yes, numerous illustrious senators and representatives assembled devoted their limited minutes with the CEO of one of the biggest companies in the United States to addressing some very simple elements of how Facebook works (which is lucky for Zuckerberg because he had to concentrate most of his energy on modulating his face in the very natural way that humans do). In yet another announcement on 9 April, the social media network said it was tweaking what it calls “data practices” as well as information that third-party apps on Facebook can access.
However, in a series of questions on how people can remove data from Facebook, Mr Zuckerberg said Facebook does “collect data on people who are not signed up for Facebook for security purposes”. United Kingdom lawmakers also plan to interrogate executives at Cambridge Analytica.