Mark Zuckerberg Is Either Ignorant or Deliberately Misleading Congress

Chip Somodevilla  Getty Images

Chip Somodevilla Getty Images

When New York Representative Paul Tonko asked if Facebook should "bear the liability for the misuse of people's data", Zuckerberg responded that the company takes "responsibility", but refused to claim his company was liable, stating CA was exclusively at fault. Zuckerberg said he wasn't familiar with the term, but promised to report back to Congress about how many data points Facebook collects on non-users. "My position is not that there should be no regulation, but I also think you need to be careful about what regulation you put in place".

In other words, Zuckerberg has taken some blame, but he doesn't want his company to be sued for its actions (or inaction).

"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.

Next month, the European Union countries will introduce General Data Protection Regulation.

SELYUKH: Well, we learned that even Zuckerberg could not escape the data grab. To which Zuckerberg responded, "Yes, there will always be a version of Facebook that is free".

Even if you're not logged in, the company can still associate the data with your IP address and all the websites you've been to that contain Facebook code.

The American people are concerned about how Facebook protects and profits from its users' data, lawmakers said. These things have been happening for years, tech companies had been exploiting the loopholes in the law to make money from our personal data.

Mr Zuckerberg has insisted users have control of the information they post on Facebook. "While I applaud some of the reforms that you are putting forward, the underlying issue here is your platform has become a mix of news, entertainment, social media that is up for manipulation - we've seen that with a foreign actor". We're still rating Facebook as a wide-moat and valuing it at $198 per share. If anything came from this, we see that Zuckerberg is just another reckless billionaire, playing with people's lives because he can afford to do it.

Durbin's questions may have started more people thinking about what the United States can do. Yet several Republican lawmakers complained to Zuckerberg about what they called a bias on Facebook.

Of course, anybody else who owns Facebook shares have benefited as well. "I want to make sure in an open session I don't reveal something that's confidential", he said.

Cambridge Analytica didn't say why Tayler stepped down or who would take over as chief executive. The company also added that it doesn't track users or target ads at them via the Like button, and that it deletes or anonymized the data after 90 days of using it. "The problem is if my friend uses that app and has my contact info, she's consented and I haven't, but Facebook still has my information", she said. "The only time that we might use the microphone is when you're recording a video, or doing something where you intentionally try to record audio".

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