Sunday, 23 September, 2018

Sen. Dick Durbin puts a spotlight on Facebook and privacy

SUCKERBERG! Sen. Kennedy Tells Facebook CEO His 'User Agreement SUCKS' Is Facebook a buy? A renowned thought leader on stock valuation says yes
| 13 April, 2018, 06:56

The Facebook owner confirmed that they have a policy where they can delete, rescind emails after some time but indicated that anything with a legal value is not deleted.

The European Union on Wednesday thanked Facebook chief Mark Zuckerberg for highlighting the bloc's tough new data protection rules after he said the social media giant planned to follow them during grilling by U.S. lawmakers. Then, enter "Cambridge" into the search bar and select the first link that appears.

Facebook has been in the spotlight since news broke last month that the personal information of 87 million users had been illegally harvested by consultancy firm Cambridge Analytica in an attempt to influence political outcomes.

Diamond and Silk have been locked in a beef with Facebook since a year ago, when they accused the social media platform of purposely suppressing their content.

"Oil you can actually see, data you cannot", Bhatt said. Just yesterday, New York Times writer Brian Chen downloaded every piece of his personal data that the social network was storing.

He asked Zuckerberg if he believed Facebook should allow the illegal online pharmacies to sell prescription drugs online, and Zuckerberg answered "no". And yet, for him to come out in public and say "Oh, yes, it was my fault".

Sputnik: Zuckerberg's talking about the fact that we shouldn't overregulate social media and other tech companies.

Watch CEO Facebook Mark Zuckerberg and Missouri Congressman Billy Long's exchange above, and don't miss the media mogul's reactions.


Zuckerberg repeatedly defended the company's practices, saying that users have control over their own data and decide what to share.

I think yes and no. Facebook is probably better at collecting so much data about everyone. The sessions also featured presentations from Facebook's researchers on privacy challenges, as well as ways the company might protect user data.

In an awkward exchange with Rep. Diana DeGette of Colorado, Zuckerberg said he did not know the details of two class-action lawsuits that Facebook had settled over privacy concerns related to data gathering techniques it has since changed.

"Facemash was a prank website that I launched in college - in my dorm room - before I started Facebook", he said. The main man himself also revealed that he wasn't immune to the Cambridge Analytica scandal, as his data was vacuumed like everyone else.

As he did on Tuesday, Zuckerberg made no further promises to support new legislation or change how the social network does business.

Even with all those almost incomprehensible amounts of money being thrown around, Facebook is still considered the "worst performer among big tech stocks", as its stock is down about 7 percent this year.

"The internet is growing in importance around the world in people's lives and I think that it is inevitable that there will need to be some regulation", he said. The House committee Chairman Greg Walden told reporters he would discuss with his committee holding similar hearings with other technology chief executives. He did not name specific companies.

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