ibusinesslines.com July 23, 2018

The most powerful tool in social media

13 April 2018, 06:28 | Justin Tyler

The most powerful tool in social media

The most powerful tool in social media

Facebook boss Mark Zuckerberg has revealed that his own personal data was sold to third parties during the Cambridge Analytica data scandal. However, he added that it will take many months to complete an audit of other apps to determine if they also improperly used data. "Right there. Not buried in the settings somewhere but right there", he said.

The number of users affected by the Cambridge Analytica breach by state.

Details on the data Facebook gave to Russian Federation.

Following the Cambridge Analytica scandal, many have criticized the CEO for "spying" on people, as one congresswoman put it, and non-consensually using their information for the benefit of the growth of the company.

In his written statement to the House Committee on Energy and Commerce, Zuckerberg apologized for the leak and the fake news that has appeared on the network. A NEWS CENTER Maine viewer reached out to us (on Facebook) saying she's been getting chain messages on Messenger.

"We're not going to share people's information except for with the people that they've asked for it to be shared".

One of the most hard situations for Zuckerberg was when he was asked about his own privacy on the first day of hearing.

- "My son is dedicated to Instagram so he'd want to be sure I mentioned him while I was here with you".

Johnson asked Zuckerberg if employees were ever fired for making the wrong decision to pull an ad, and if so what happened to the employee who rejected Franciscan University's ad. Zuckerberg said he was not familiar with the specific incident, and he would find out and let Johnson know.

Mark Zuckerberg's congressional testimony could have a big effect on the tech leaders of tomorrow.

Just how much data does Facebook really have?

Facebook on Monday said: "Our goals are to understand Facebook's impact on upcoming elections - like Brazil, India, Mexico and the USA midterms - and to inform our future product and policy decisions". It also tracks web users who do not use Facebook, or are not logged into the Facebook website.

"If Facebook is truly committed to protecting people's privacy, the company should set an example, by adhering to highest data protection standards for all users".

"Zuckerberg's testimony demonstrated that the company has matured over the last decade, in particular in his acknowledgment that Facebook is responsible for the content shared on its platform", said University of DE communications professor Dannagal Young.

The social network is in the process of letting up to 87 million users know that their information may have been accessed by Cambridge Analytica.

During the hearing, Facebook shares made a noticeable jump, gaining 4.5 percent, adding $20 billion to its market cap - the biggest daily gain in almost two years.

Facebook has regularly been accused of listening in on conversations using microphones on smartphones and then presenting ads related to recent conversations to its users.

"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.

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