The real problem? Mark Zuckerberg's a millennial

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Day One saw Mark field questions from senators on advertising, data privacy, Cambridge Analytica, combatting election interference, and more - Day Two saw fresh questions being raised about Facebook's data collection policies, the regulation of social media, as well as information about Facebook's "counterterrorism team". We found out that even his data was compromised in the Cambridge Analytica scandal, Facebook is working with the special counsel investigating Russian meddling in the 2016 election, and Zuckerberg realizes that some sort of regulation in big tech is inevitable.

Zuckerberg said the EU's General Data Protection Regulation (GDPR) to come into effect on May 25 was more stringent than what was now in place at Facebook and suggested it could serve as a rough model for United States rules in the future. He said ads are removed when they are reported. It was able to get the information through a Facebook-connected app along with the users' friends' data, even without their consent.

"This information was generally information that people share publicly on their profile pages, like their name and profile picture and the list of pages that they follow". Ironically, shares hit an all-time high just before the Cambridge Analytica scandal hit, but they've been down 16 percent ever since. "And then, about a month ago, we heard a new report that suggested that this was not true", he said.

The flip side to all this is that anyone who owns shares in Facebook should be happy too, as they've gotten slightly richer also.

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Facebook builds "shadow profiles" of people who are not users by accessing data from inboxes and smartphone contacts of those who are active users, Gizmodo and other publications have reported. "Even if someone isn't logged in, we track certain information, like how many pages they're accessing, as a security measure".

Mr Zuckerberg also said Facebook Inc collects information on consumers who are not registered as users, acknowledging something that has been reported but not publicly spelled out by the company. "But there's more to do, and you can find more of the details of the other steps we're taking in the written statement I provided", he said.

Zuckerberg in his testimony in front of the USA lawmakers agreed that Facebook tracks internet users through hundreds of millions of web pages.

The app vacuumed up not just the data of the people who took it, but also - thanks to Facebook's loose restrictions - data from their friends, too, including details that they hadn't meant to share publicly. The site has been repeatedly struck with negative headlines over the past month, beginning with revelations about how it provided third-party apps with user data and allegations that such data was used to manipulate the 2016 USA presidential election.

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He claimed that "there's a very common misperception. that we sell data to advertisers", adding that "we do not sell data to advertisers. That's not how advertising works, and I do think we could probably be doing a clearer job explaining that, given the misperceptions that are out there", he said in response to a question.

"Facebook has no incentive to charge us", said Siva Vaidhyanathan, professor at the department of media studies at Virginia University, who has a book due out in October titled "Antisocial Media: How Facebook Disconnects Us and Undermines Democracy".

"We would like to thank Dr. Tayler for his service in what has been a challenging time for the company", the board of directors said.

"I am optimistic that, over a 5-10 year period, we will have AI (Artificial Intelligence) tools that can get to some of the nuances - the linguistic nuances of different types of content..."

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