It's been a year since Mark Zuckerberg went before Congress, and social media platforms are still under fire for how they police hate speech and privacy. Here's what you need to know.
One year ago, Facebook CEO Mark Zuckerberg told Capitol Hill lawmakers grilling him over the company's personal data fumbles that he believed regulation was"inevitable."
By and large, while potentially hefty fines loom from the Federal Trade Commission and from regulators abroad, Facebook has proven it's still able to keep users and advertisers on its platforms, if not win back their trust entirely. Over the past 12 months, Facebook's stock has rallied about 11% as investors have gained back confidence on the heels of the company's strong Q4 2018 earnings report in January. In 2019 alone, the stock has risen about 33%.
Facebook's more forthcoming approach to regulation mirrors the way it has changed its communication about misinformation and privacy breaches. Zuckerberg once dismissed the idea that misinformation on Facebook could have influenced the U.S. presidential election in 2016 as a"pretty crazy idea.
Since its inception, Facebook has appealed to users by promising to bring the world closer. But that promise seemed to fall flat after disinformation spread by foreign actors on the platform deliberately drove a wedge between Facebook users during the run-up to the 2016 presidential election. But in a December post on his Facebook page, Zuckerberg pushed some of the blame onto"shady apps that abused people's data," following the release of internal emails about the company's decision to change its developer platform several years ago.
Zuckerberg solidified Facebook's pivot to privacy in a 3,000-word note in March outlining his vision for the future of the internet.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facebook's Zuckerberg went before Congress a year ago — here's what has (and has not) changed sinceIn the year since Facebook CEO's testimony on Capitol Hill, the company has evolved its message and approach to privacy.
Read more »
For a guy who’s not running, Joe Biden is having a tough campaignJoe Biden’s “creepy uncle” problem isn’t just that some women find his conduct patronizing or demeaning, but that it reminds everyone he’s a holdover from a previous era. It’s not that he’s old; it’s that he sometimes seems outdated. His campaign-to-be is already in trouble.
Read more »
Here's What People Were Wearing At Coachella 10 Years AgoSome bold choices.
Read more »
A year after Zuckerberg's testimony, advertisers are still addicted to FacebookFacebook's ad revenue share and user base keep growing in the U.S., and advertisers haven't found alternatives that give the same kind of bang for their buck.
Read more »
45 years ago, a heinous F5 tornado tore through this town and changed it foreverThere was an eerie stillness in the air around midafternoon. At that point, residents of Xenia, Ohio, were still unaware of the disaster that would soon strike.
Read more »
Teen found wandering in Kentucky says he's boy who went missing 7 years agoPolice and the FBI are investigating whether a teen found wandering in Kentucky on Wednesday is a boy who went missing in 2011
Read more »
Lyft is having a messy first few days of tradingLyft was volatile in Tuesday trading.
Read more »
Trump needles Biden over claims: 'Are you having a good time, Joe?'President Trump, who has faced numerous allegations of inappropriate conduct with women, tweaked former VP Biden over allegations that he made women uncomfortable with his touching.
Read more »