Zuckerberg says regulation inevitable. Is Congress up to it?

Zuckerberg says regulation inevitable. Is Congress up to it?

CEO Mark Zuckerberg testified to the US Congress on Wednesday for his second day of grilling by lawmakers following a string of scandals for the company.

MS senator Roger Wicker asked Zuckerberg about rumors that "Facebook can track users' Internet browsing activity even after that user has logged off the Facebook platform".

As for me, I have purged many of my apps, even Farmville had to go, and tightened the permissions I've granted to the ones I've kept, but I won't be deleting my profile.

"The only way we're going to close this trust gap is through legislation that creates and empowers a sufficiently resourced expert oversight agency, with rulemaking authority to protect the digital privacy and ensure that companies protect our users' data.".

The question he was responding to was whether Facebook should, by law, have to get user permission to sell or share user data.

Zuckerberg has taken questions on a range of issues, from fake news and terrorist content to Russian propaganda and data privacy, as us lawmakers consider possible regulatory remedies.

Mr Zuckerberg's four hour appearance before the House Committee on Energy and Commerce followed a five hour session in front of two Senate committees yesterday.

Earlier this month we reported that Facebook's COO Sheryl Sandberg stating that the company is exploring the possibilities of paid ad-free service for users. "We took down the app and we demanded that both the app developer and Cambridge Analytica delete and stop using any data that they had. I think that's something Americans should be proud of".

For anyone familiar with Facebook's origins, Zuckerberg's first foray into Facebook-making was Facemash.com, a site that allowed "viewers to vote for the "hotter" of two randomly chosen photos or rate the looks of students in a particular House against fellow-residents", as detailed in a Harvard Crimson article from 2003.

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Everyone around the world deserves good privacy controls, he said. So if you've signed up for, say, Uber using Facebook, Uber now has your information. After Zuckerberg gave his response - "I'm not sure".

"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".

If you select the "Social Media" category on App Annie and sort by the "most popular" apps, Facebook owns the top three apps listed. Facebook shares jumped as Zuckerberg spoke to the senators, closing up 4.5 percent in NY trading.

Zuckerberg replied, "When people ask us if we're a media company - or a publisher - my understanding of what the heart of what they're really getting at is, 'Do we feel responsibility for the content on our platform?' The answer to that, I think, is clearly yes".

The Cambridge Analytica scandal in which personal data of over 87 million Facebook users, including 500,000 Indians, was compromised, has not hit the social media platform in a significant way in terms of people deactivating their accounts. Forty times the internet mogul told lawmakers he had no answers at hand and would get back to them later.

- Facebook will offer users worldwide the privacy options demanded by European countries in a regulation taking effect in May, Zuckerberg told Representative Gene Green, a Texas Democrat. "Every time there is a control right there", Zuckerberg said.

Democratic Representative Debbie Dingell said Facebook used computer code embedded in websites to gather dossiers on virtually everyone online, whether they like it or not.

Earlier this year Mueller charged 13 Russian individuals and three Russian companies in a plot to interfere in the 2016 presidential election through a social media propaganda effort that included online ad purchases using US aliases and politicking on USA soil.

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