KIYC: Finding what information Facebook knows about you

Zuckerberg on sharing his personal info ‘Um uh

So it's worth asking: In an era in which wealth and income inequality are glaringly persistent, should some technology companies continue to reap overwhelming profits while individuals on whose data they rely receive no compensation?

Facebook CEO Mark Zuckerberg said this week that Facebook offers a tool that lets people see and remove all of the information they put into the social media site. "I believe people own their content", he told the House panel.

Zuckerberg took part in two hearings Tuesday afternoon to pass along as much information regarding the interaction between Facebook and Cambridge Analytica as possible.

Facebook is founded on the idea of sharing data, which can consist of pictures, likes or locations.

"I think it's time to ask if Facebook has moved too fast and broken too many things", Rep. Greg Walden (R-OR) stated at the beginning of this morning's hearing.

It's not just about privacy, said Representative John Sarbanes, a Democrat from Maryland.

Some of the lawmakers talked to Zuckerberg, 33, as they would their children or grandchildren, and were occasionally befuddled by the complexities of his company.

We're still rating Facebook as a wide-moat and valuing it at $198 per share. "Even if someone isn't logged in, we track certain information, like how many pages they're accessing, as a security measure".

Many committee members seemed anxious to get through their actual questions so that they had time to lecture the CEO during their five minutes of allotted time.

"It's not enough to just connect people".

Wrapping up his four minutes, Rep. Gus Bilirakis, R-Fla., commended the platform, saying "it's wonderful for us seniors to connect with our relatives".

"It's very clear that Cambridge Analytica and these kinds of companies are the product of an environment to which Facebook has contributed greatly", says Mr Popov. He said he was among the almost 87 million people whose personal information was improperly shared with political consultancy Cambridge Analytica.

The interviewer asked if Facebook would ever sell people's personal information, and Zuckerberg responded firmly in the negative.

Zuckerberg disclosed that his company is "working with" special counsel Robert Mueller in the federal probe of Russian election interference.

Zuckerberg clearly admitted to mistakes and took responsibility. All the subtle language that helps stay people stay searchable by friends ... the work we will likely have to do in China some day. "That to me is more important than any one person's career". It's data that made Zuckerberg a billionaire.

"A lot of Americans are waking up to the fact that Facebook is becoming sort of a self-regulated superstructure for political discourse", he said.

Laidlaw said this shocking Facebook scandal is specific damage but says there are other general ways that "chill" participation online.

Some legislators are now also wondering if Facebook's third-party app data policies violate a 2011 agreement with the Federal Trade Commission.