Rodgers said 9 percent of Facebook users have deleted their accounts and another one-third of users are using Facebook less following Zuckerberg's congressional hearings. The worry for these companies is, a limit on data access and flow also limits their business model and therefore potential profit. The company has not been shy in discussing its work on artificial intelligence, which it uses in numerous ways to filter what it believes its users will be most interested in - and will keep them coming back for more. A sizable part of the questions was either similar in nature or failed to touch on the core reasons behind the latest scandals.
If you share fake news, it gains traction, makes money for someone, and encourages whoever produced it to produce more of the same counterfeit tripe. Mr Zuckerberg has also been responsible, as a corporate leader. After all, "Who will watch the watchmen" if the regulations rely on Facebook input? According to the Reuters poll, only 41 percent of consumers trust Facebook to obey USA privacy laws. John Neely Kennedy put by saying, "Here's what's going to happen".
Facebook could voluntarily change the rules of the game. It's up to you whether they pass or not.
If lawmakers learned one thing from Facebook CEO Mark Zuckerberg's marathon testimony on Capitol Hill this week, it's that reining in the social media giant and tech industry as a whole may prove more hard than they thought. At least on the surface.More news: Justin Bieber Rescues Woman From Abuser At Coachella-Related Event
His comment, "It was my mistake, and I'm sorry".
Well explained and well-placed Privacy Controls: Most of the social networking sites have privacy policies buried under a number of pages, the technicalities of which are not easy to comprehend. "They just got caught", said Eric Cole, chief executive of Secure Anchor Consulting, a cybersecurity consulting firm in Ashburn, Virginia that serves enterprise companies. Absolutely. Is it a motley assortment of drama, snake oil salesman, wild political lies, photo shopped selfies and, yes, Russians, all vying to distract us from what we should be doing? Maybe more than I should.
And Facebook seems to have finally admitted it. All in all, it might be a public relations (PR) attempt that will present the platform as eager to self-regulate to stop any US lawmakers' attempts of GDPR-like regulations in their tracks. One of those was from Ted Cruz, the former candidate for Republican presidential nomination. But the researchers who Facebook will be inviting in won't be able to do the same, said Gary King, a Harvard University professor who is spearheading Facebook's new initiative. For being different, I salute Mr Zuckerberg.More news: A Bushfire Still Burning in Sydney's West is Being Treated as Suspicious
Well, that makes us feel a whole lot better. Facebook brags to advertisers that it can provide "cross device" targeting, as it is called.
The legislation would set minimum information security standards for companies holding consumer data and require them to alert affected consumers within 30 days of any data breach. And a break-up of Facebook would be prima facie impractical as the business is one giant interconnected platform. The Cut, was quick to zero in on Zuckerberg's puffy undereye circles. Graham then pointed out the purchases the company made such as Instagram. So, when it comes to Facebook and Zuckerberg, what's not to hate? The same problems that got Facebook into trouble still remain.
"Both have been our consideration".
When he was asked by Graham whether Facebook would submit to regulation, Zuckerberg told him he would if it were the right kind of regulation.More news: Three funerals for victims of Humboldt crash on Friday
The answer, as Zuckerberg surely knows, is yes.