Zuckerberg resists efforts to commit to regulation

He's faced questions from United States politicians for a second day over the data privacy scandal. Zuckerberg's highly anticipated appearance before the Senate happened in the aftermath of the latest Facebook- Cambridge Analytica data breach. On Tuesday, senators peppered Zuckerberg with questions about Facebook's lengthy privacy policy and its data but often didn't seem to know how to follow up on Zuckerberg's talk of algorithms and AI systems.

"The most important thing I care about right now is making sure no one interferes in the various 2018 elections around the world", he testified before a 44-Senator panel. There are two kinds of privacy issues on Facebook: one having to do with what users are sharing with other people, and another to do with what they're sharing with advertisers and other third parties by sharing on Facebook at all.

Colorado Democrat Diana DeGette made the point that Facebook hasn't suffered financially for multiple scandals over the privacy of users' data, meaning there is no financial incentive for it to change its behaviour.

He said how Facebook had begun to inform users whether their data was improperly shared with Cambridge Analytica.

Zuckerberg has taken questions on a range of issues, from fake news and terrorist content to Russian propaganda and data privacy, as USA lawmakers consider possible regulatory remedies. "This incident yet again shows that our laws aren't working", said Frank Pallone, the ranking member of the house committee on energy and commerce, in his opening remarks. Zuck disagreed, pointing out that Facebook has not sold and does not sell data, but Matsui was trying to make the point that perhaps users should have ownership of inferences made from data, too. Zuckerberg said Wednesady that Facebook feels "a lot of competition" because the average American uses eight apps daily to stayed connected to people. "I think that they're reasonable ideas to think through", Zuckerberg said.

Facebook is implementing the GDPR standards for European users next month, and some of its rules will be extended to USA and other users later, he confirmed.

In the 4 minutes of tensed exchange, the representative also asked Zuckerberg if he was willing to change Facebook's business model to protect the privacy of people who use the social media platform.

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Mark Zuckerberg's net worth was boosted by US$3 billion during his first Congressional testimony on Tuesday. He had no response when asked how a non-Facebook member could remove information without signing up for the service.

"So my position is not that there should be no regulation but I also think that you have to be careful about regulation you put in place".

Facebook Chief Executive Mark Zuckerberg on Wednesday sparred with lawmakers over how much control users of the world's largest social media network have over their data in a sometimes fractious five-hour hearing. "Every time there is a control right there", Zuckerberg said. Shares in Facebook posted their biggest daily gain in almost two years, closing up 4.5%.

Though he didn't mention it in front of Congress, Facebook also targets people with ads on other websites even if they don't have an account. Another Republican, Sen. John Kennedy of Louisiana, even told Zuckerberg his "user agreement sucks".

"Facebook has no incentive to charge us", said Siva Vaidhyanathan, professor at the department of media studies at Virginia University, who has a book due out in October titled "Antisocial Media: How Facebook Disconnects Us and Undermines Democracy".

Zuckerberg agreed to the hearings as pressure mounted over the Cambridge Analytica scandal and the company's own admission past year that it had been compromised by Russians trying to influence the 2016 election.

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