The crowded Senate hearing was not without theatrics, although most was from the audience, like an activist dressed in costume as a Russian internet "troll". The Facebook stock ended up over five percent by the time his five hour "inquisition" was over.
Dozens of cutouts of Zuckerberg's likeness with the caption that read "fix fakebook" were placed on the lawn outside of the U.S. Capitol as protesters expressed their frustration with Zuckerberg and his company for allowing fake information and fake ads to circulate across Facebook. "We didn't take a broad enough view of our responsibility, and that was a big mistake". It was my mistake and I'm sorry for what happened. "This, I think, is an important area for the whole industry to move on", he said.
The Associated Press reported that Zuckerberg's notes were briefly visible to one of its photographers during Tuesday's hearing.
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"It's extraordinary to hold a joint committee hearing". "Then again, Facebook is extraordinary".
The senator has told The Advocate he's not pushing for additional regulation of tech companies but does have concerns about the power some giants like Facebook have amassed. "We don't want it turn into a privacy nightmare". Ted Cruz, for instance, Zuckerberg was asked if he was ready to take a break.
Some critics who say Facebook is too big say it should be forced to spin off apps like WhatsApp and Instagram.
Mark Zuckerberg has apologized many times in his years running Facebook, but this time is different. "There is a philosophical shift". It will offer up to $40,000 to vigilante Facebook sleuths who find "a company that violates our Terms of Services in a manner that creates a privacy risk". The company has said that as many as 146 million people may have received information from a Russian agency that's accused of orchestrating much of the cyber meddling in the election.
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In February, U.S. Special Counsel Robert Mueller charged 13 Russians and 3 Russian companies with interfering in the election by sowing discord on social media.
During almost five hours of questioning by 44 USA senators, Zuckerberg repeated apologies he previously made for a range of problems that have beset Facebook, from a lack of data protection to Russian agents using Facebook to influence US elections.
- No, Facebook is not listening to your conversations through microphone. "I believe that there may be, but I know we're working with them". Zuckerberg admitted that was a mistake and Facebook should have disclosed the breach shortly after. But it appears he didn't get one questioned he'd expected - would he resign? "Yeah, I'm more than a little concerned". He said Facebook had considered the data collection "a closed case" and had not alerted the Federal Trade Commission. The latest estimate of affected users is up to 87 million. The idea is to delete it as quickly as possible, although Zuckerberg said that his team would share the specifics later. Kennedy said. "I suggest you go back and rewrite it".
He says Facebook has deployed new artificial intelligence tools that do a better job identifying fake accounts.
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The hearing, which is dubbed "Facebook, Social Media Privacy, and the Use and Abuse of Data", is now slated to begin at 11:15 AM PT / 2:15 PM ET. How does Facebook do this without selling data? So basically, Zuckerberg's appeal was that forgive the past sins and Facebook will do better now.