WASHINGTON — Facebook Inc Chief Executive Mark Zuckerberg advised Congress in written testimony launched on Monday that the social media community didn’t do enough to prevent misuse of knowledge and apologized.
“It’s clear now that we didn’t do enough to prevent these tools from being used for harm…” he mentioned in testimony launched by way of the U.S. House Energy and Commerce Committee. “That goes for fake news, foreign interference in elections, and hate speech, as well as developers and data privacy.”
Zuckerberg is scheduled to seem ahead of two Congressional committees on Tuesday and Wednesday, to resolution questions on Facebook’s admission that the non-public data of up to 87 million customers, most commonly within the United States, will have been improperly shared with political consultancy Cambridge Analytica.
“We didn’t take a broad enough view of our responsibility, and that was a big mistake,” his testimony persisted. “It was my mistake, and I’m sorry. I started Facebook, I run it, and I’m responsible for what happens here.”
Facebook mentioned on Sunday the corporate plans to start telling affected customers on Monday. The corporate’s information practices are underneath investigation by way of the U.S. Federal Trade Commission.
Zuckerberg additionally mentioned that Facebook’s primary investments in safety “will significantly impact our profitability going forward.” Facebook stocks had been up 1.7 % in noon buying and selling.
London-based Cambridge Analytica, which counts U.S. President Donald Trump’s 2016 marketing campaign amongst its previous purchasers, has disputed Facebook’s estimate of the choice of affected customers.
On Friday, Facebook subsidized proposed law requiring social media websites to divulge the identities of patrons of on-line political marketing campaign commercials and offered a brand new verification procedure for other people purchasing “issue” commercials, which do now not endorse any candidate however were used to exploit divisive topics corresponding to gun regulations or racism.
The steps are designed to deter on-line data war and election meddling that U.S. government have accused Russia of pursuing, Zuckerberg mentioned on Friday. Moscow has denied the allegations.
Zuckerberg’s testimony mentioned the corporate used to be “too slow to spot and respond to Russian interference, and we’re working hard to get better.”
He vowed to make enhancements, including it might take time, however mentioned he used to be “committed to getting it right.”