Facebook CEO Mark Zuckerberg is surrounded by members of the media as he arrives to testify before a Senate Judiciary and Commerce Committees joint hearing regarding the company’s use and protection of user data in Washington. Photo: ReutersSan Francisco: In some ways, Facebook Inc. chief executive officer (CEO) Mark Zuckerberg might be relieved. No, Zuckerberg said, Facebook doesn’t sell data to advertisers or anyone else. “We’re going to have to do privacy legislation now,” she said, after noting his apology and stated efforts to hire more people to protect user data. “Contrary to Mr. Zuckerberg’s assertion, Facebook is a virtual monopoly and monopolies need to be regulated,” Graham said after the hearing.

Source: Mint April 11, 2018 10:30 UTC