Facebook CEO Mark Zuckerberg to testify for 2nd day on Capitol Hill

Stephen Lam  ReutersMark Zuckerberg speaks on stage during the annual Facebook F8 developers conference in San Jose Calif

Mark Zuckerberg, Facebook chief executive, has told U.S. lawmakers that he was among the 87 million users of the platform whose data was improperly shared with Cambridge Analytica, a consultancy firm.

Facebook CEO Mark Zuckerberg (in blue suit) testifies before a Senate Judiciary and Commerce Committee at Capitol Hill in Washington.

Earlier in the day, Zuckerberg said he believes it is "inevitable" that there will be regulation of his industry.

Zuckerberg cautioned lawmakers to be careful about what they propose, as larger companies like Facebook have more resources to comply with regulations than smaller ones. Data collectors or processors would incur these fines if they do not do enough to protect user data, obtain "sufficient customer consent", or violate any of the other regulatory requirements.

He asked Zuckerberg which parts would be appropriate for the U.S.to adopt as well, and the Facebook CEO said he agrees with having some type of controls or Facebook regulation, especially when it comes to sensitive technology like facial recognition. "A lot of times regulations put in place rules that a company that is larger, that has resources like ours, can easily comply with, but that might be more hard for a smaller startup company".

Capito, during her questioning also thanked Zuckerberg for his visit the Mountain State and offered an off-hand suggestion.

Mark Zuckerberg faced House lawmakers Wednesday during hours of testimony that touched on everything from how President Trump's supporters are treated on Facebook to the way the company gathers data on people who don't even use its service. "I'm surprised it didn't happen sooner", said Galvin.

Senator John Neely Kennedy of Louisiana later told Zuckerberg directly, "Here's what everybody's been trying to tell you today, and-and I say this gently".

He pointed out that many of Facebook's most controversial data collection practices ask users to opt-in to the service.

"Senator, I want to make sure I get this accurate so it would probably be better to have my team follow up afterwards", Zuckerberg responded, before being pressed and giving an incomplete answer.

Bobby Rush, an Illinois Democratic congressman, was in the process of asking Zuckerberg when he learned that Facebook allowed advertisers to prevent ads from being shown to certain minority groups, a possible violation of civil rights laws. He added that "contrary to Mr. Zuckerberg's assertion, Facebook is a virtual monopoly and monopolies need to be regulated".

Marcus Adeniyi is a freshman at East Stroudsburg University. he says he stays off most social media websites because it's too easy to get hacked.

Many people logged in on their devices expecting to see a message at the top of their news feed reading "Protecting Your Information", as was described in numerous articles. Facebook has come under intense criticism for the Cambridge Analytica leak and for its initial response, which set off a #DeleteFacebook campaign online and sent the stock plunging more than 15 percent.

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