This increased Facebook's valuation by more than $21 billion and added to Zuckerberg's personal fortune of close to $3 billion.
Those changes could dramatically curtail Facebook's power and its revenue - and that's the point. But it's a loss for the rest of us.
But the chief executive of the world's largest social media network pushed back on Congress members' suggestions that users do not have enough control of their data on Facebook. He said Facebook had considered the data collection "a closed case" and had not alerted the Federal Trade Commission. Zuckerberg told Butterfield on both counts that he would follow up. It's an arrangement to which Facebook's users agree and can sidestep, technically, but it is hardly informed consent or a real option to avoid.
Mark Zuckerberg speaks on stage during the annual Facebook F8 developers conference in San Jose, Calif., April 18, 2017.
Billy Long of Missouri questioned Facebook's CEO Mark Zuckerberg Wednesday, about the prank 'FaceMash' website that Zuckerberg created as. Zuckerberg visibly had to face more difficult questions today than his tryst with the US Congress yesterday.
"That's disappointing to me", responded Democratic congressman Frank Pallone. "I started Facebook, I run it and I'm responsible for what happens here".
The Facebook founder was under a lot of scrutiny - check out all these photographers - so feeling some pressure is understandable.
The hearings were a major test for Zuckerberg.
The problem behind these shocking algorithmic decisions is that they reflect human biases that are ingrained in the data used to build them.Читайте также: Capturan a Argenis en Nueva York; será extraditado mañana
In his testimony, he said that there isn't much that Facebook can do on the issue for now. "You and your team know how I feel about racial diversity in corporate America, and Sheryl Sandberg and I talk about that all the time".
"Until we get it automated, there's a higher error rate than I'm happy with".
Zuckerberg says he believes it is "inevitable" that there will be regulation of his industry.
Sen. Orrin Hatch (R-UT) did make a somewhat bizarre pro-Facebook comment, saying, "Some have professed themselves shocked, shocked that companies like Google and Facebook share user data with advertisers".
When pressed further to name one competing product, he stuck to his argument but still failed to name a direct competitor.
Similarly, upon being asked if Facebook needs greater regulation, he tried to steer the debate away from a yes and no situation.
During the grilling session, a Senator asked Zuckerberg who owned an individual's presence online?
In the aftermath of the exposé in March 2018, Facebook's first reaction was to deny each emerging detail. If everything on Facebook only functioned with an informed "opt in" from users, the company's business doesn't work. For instance, it prevents apps from seeing the personal data of people in your friends' list.
"How can consumers have control over their data when Facebook does not have control over the data?" asked Representative Frank Pallone of New Jersey, the ranking Democrat on the Energy and Commerce committee.
Facebook creates in-depth profiles of users by following them across different websites.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2018 Copyright.
Автоматизированное извлечение информации сайта запрещено.
Код для вставки в блог