Written by Nathasha De Alwis
11 Apr, 2018 | 8:39 pm
CEO of Facebook, Mark Zuckerberg emerged unscathed from yesterday’s (April 10) Senate committee hearing and according to foreign media, he did so in large part because most of the senators who asked him questions had no clue how Facebook worked.
Facebook Chief Executive Mark Zuckerberg arrived on Capitol Hill yesterday (April 10) to fend off the possibility of new regulations as a result of the privacy scandal engulfing his social network which has affected 87 million people. Under pressure, Zuckerberg began his testimony with an apology:
“We didn’t take a broad enough view of our responsibility, and that was a big mistake, and it was my mistake, and I’m sorry. I started Facebook, I run it, and I’m responsible for what happens here.”
Zuckerberg navigated through the five-hour-long hearing without making any further promises to support new legislation or change how the social network does business, foiling attempts by senators to pin him down. Investors were impressed with Zuckerberg’s initial performance. Shares on Facebook posted their biggest daily gain in nearly two years, closing up 4.5% yesterday (April 10).
Zuckerberg returns to Capitol Hill today for more questioning by lawmakers who have a rare chance to air grievances about the company directly to the head of the world’s largest social media network.
CEO of Facebook, Mark Zuckerberg emerged unscathed from yesterday's Senate committee hearing#News1st #CEO #Facebook #MarkZuckerberg #SenateHearings
Posted by Newsfirst.lk on Wednesday, April 11, 2018
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