Articles about Mark Zuckerberg

Facebook shares and the personal fortune of Mark Zuckerberg took massive hits as the social network felt the impact of a growth slowdown and the fallout of recent privacy scandals.

The company issued a warning to investors about a deceleration of growth in its userbase, leading to a stock drop of around 20 percent. A drop in share price lowered the value of Facebook by a massive $118 billion -- a record-breaking one-day drop in the value of a company.

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Yesterday, Facebook CEO Mark Zuckerberg appeared in front of members of the European Parliament to answer questions and to address concerns that the EU has about the social network in general, and its use of private data in particular -- thanks largely to the Cambridge Analytica data scandal.

At least that was the idea. What actually happened was nothing short of a farce, with Zuckerberg smugly sitting back and choosing which questions to answer, neatly avoiding any he was uncomfortable with. It was little more than a PR-cum-damage-limitation exercise for the Facebook founder... and it didn't really go very well.

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Having previously refused to answer questions in the UK, last week Mark Zuckerberg agreed to appear in front of the EU parliament to speak about Facebook's use of data.

The Facebook chief is due to appear in front of MEPs tomorrow, Tuesday, and European Parliament President Antonio Tajani has announced that the appearance will be livestreamed. So, if you fancy tuning in to see what Zuckerberg has to say and how he is able to "clarify issues related to the use of personal data", you will be able to do just that.

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After refusing to answer questions in the UK, Mark Zuckerberg has agreed to face questions in front of the EU Parliament. The grilling comes in the wake of the Cambridge Analytica privacy scandal.

The Facebook CEO could answer questions about the social network's use of data very soon, with the president of the European Parliament, Antonio Tajani, saying that "hopefully" it could happen next week.

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In a blog post addressing some of the questions Mark Zuckerberg failed to properly answer in front of Congress, Facebook has admitted that it tracks both users and non-users as they use the web. This is something the social network has historically denied.

Facebook's product management director, David Baser, conceded that "when you visit a site or app that uses our services, we receive information even if you're logged out or don't have a Facebook account." Not happy to make this concession without pointing fingers, he then goes on to point out that other companies such as Twitter, Pinterest and LinkedIn behave similarly.

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Dressed in a dark suit and looking pale-faced, Facebook chief Mark Zuckerberg was clearly expecting a tough grilling before the Senate committee.

In fact he was largely let off the hook, facing a series of questions that mainly served to expose politicians' lack of understanding of the social network's technology.

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After keeping something of a low profile for a while, Mark Zuckerberg has eventually started to address the Cambridge Analytica scandal. He was asked to testify before Congressional committees, and ultimately agreed to do so. Today is the first of two appearances he will make this week.

At 2:15PM ET, Zuckerberg will speak about Facebook user data and privacy in front of the Senate Commerce, Science and Transportation Committee and the Senate Committee on the Judiciary at the "Facebook, Social Media Privacy, and the Use and Abuse of Data" hearing. You can watch his testimony right here.

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Facebook CEO Mark Zuckerberg is due to testify before Congress on Wednesday, and ahead of this the House Energy and Commerce Committee has released his prepared statement. He talks about the Cambridge Analytica data scandal as well as Russian interference in elections.

In the statement, Zuckerberg acknowledges that Facebook did not do enough to prevent the misuse of the social network's tools. He also personally accepts responsibility for recent failings at the company, saying: "It was my mistake, and I'm sorry. I started Facebook, I run it, and I'm responsible for what happens here."

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When it came to light that messages sent by Mark Zuckerberg and other Facebook executives via Facebook Messenger had been deleted, there was widespread concern about not only the social network's use of a feature unavailable to anyone else, but also the lack of transparency about it.

Still reeling from the Cambridge Analytica debacle and other privacy scandals, Facebook has now announced that the feature will in fact be rolling out to everyone -- although not necessarily any time soon. The company insists that this is something that has been under consideration for some time, and also promises that no more of Zuckerberg's message will be retracted in the meantime.

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As if trust in Facebook could not drop any further, it has come to light that the social network deleted messages sent by Mark Zuckerberg from the recipients' Messenger inboxes. The deletions only applied to Zuckerberg's messages, leaving the other side of the conversation intact -- a feature not available to the average Messenger user.

Facebook did not operate transparently in deleting the messages, as it made no announcement either publicly, or to those involved in the conversations. When confronted about the matter, Facebook said that the deletions were carried out because of "corporate security".

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Mark Zuckerberg has laid out Facebook's plans for the future in a conference call with reporters. In it, he said that the social network now planned to bring GDPR-style privacy controls to all of its users, not just those in Europe for whom there will soon be a legal obligation to do so. The new legislation grants people more rights to access the data companies store about them, and demand it be deleted.

The Facebook chief had previously said that non-European users would only be getting access to new options that were "in [the] spirit" of GDPR, but the backlash the social network has faced recently with privacy controversies seems to have forced Zuckerberg's hand.

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In a few weeks, privacy is set to improve for Facebook users -- at least this is the case for people in Europe. May 25 sees the implementation of General Data Protection Regulation (GDPR), and it means that European users will have the right to not only request details of the information stored about them, but also the right to demand its deletion.

While this will be a legal obligation within Europe, it would have been the perfect opportunity for Facebook to extend the same rights to its users around the world. But it's not going to. Mark Zuckerberg has confirmed that GDPR-style privacy protection is not going to be extended to the US and other parts of the world.

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Following the privacy scandal surrounding Cambridge Analytica's use of data from Facebook users, the social network has been under extreme pressure to answer questions from individuals, lawmakers, companies and governments around the world about not only what went wrong, but what will be done to prevent it from happening again.

The British parliament was among those seeking to probe Facebook about the breach of privacy, but Mark Zuckerburg has said that he will not appear before a committee to face questions. Instead, he intends to send either chief technology officer Mike Schroepfer, or chief product officer Chris Cox.

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Full-page advertisements have appeared in a number of Sunday newspapers in the UK and US as Facebook embarks on a damage limitation exercise following the revelations about Cambridge Analytica's use of personal data.

The ads, signed by Mark Zuckerberg, say: "We have a responsibility to protect your information. If we can't, we don't deserve it." The apology -- of sorts -- adopts a similar tone to Zuckerberg's previous statements and interviews about the matter, and comes as the social network faces calls for not only regulation, but also as the London offices of Cambridge Analytica have been raided by the Information Commissioner's Office.

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Facebook is a pretty terrible experience. Yeah, as a social network, I guess it does its job of connecting friends, family, and colleagues, but its non-chronological interface makes it damn-near impossible to make sense of things. Not to mention, it is a privacy nightmare, expecting users to opt-out of data-slurping features using confusing settings. Don't even get me started on its spread of fake news. Ultimately, it is not user-friendly, and the company seems content with letting it remain that way.

The Cambridge Analytica scandal merely highlights things "conspiracy theorists" have long screamed about -- with Facebook, you are the product. While people were fairly accepting of trading their details for advertising, nobody expected that their Facebook use could impact the outcome of a presidential election! Hell, Donald Trump was arguably handed the election by a combination of Russian meddling and this Cambridge Analytica data misuse. After days of deafening silence, today, billionaire Facebook CEO Mark Zuckerberg finally admits his company's failures. Taking it a step further, he will face a public shaming tonight on CNN.

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