Mark Zuckerberg preparing to testify before the House energy and commerce committee. Facebook’s profits would suffer if it collected less personal information Chip Somodevilla/Getty ImagesMark Zuckerberg has dismissed calls from American politicians to reduce the amount of personal information that Facebook collects from its users. Facebook, the $484 billion technology company and publisher, collects vast amounts of personal information from its 2.2 billion users so that it can help advertisers to target them with bespoke campaigns. Facebook made nearly $40 billion from selling digital advertising space last year. If Facebook were to collect less personal data, it…

Source: The Times April 11, 2018 16:00 UTC