One year ago, Facebook CEO Mark Zuckerberg told Capitol Hill lawmakers grilling him over the company's personal data fumbles that he believed regulation was"inevitable."
By and large, while potentially hefty fines loom from the Federal Trade Commission and from regulators abroad, Facebook has proven it's still able to keep users and advertisers on its platforms, if not win back their trust entirely. Over the past 12 months, Facebook's stock has rallied about 11% as investors have gained back confidence on the heels of the company's strong Q4 2018 earnings report in January. In 2019 alone, the stock has risen about 33%.
Facebook's more forthcoming approach to regulation mirrors the way it has changed its communication about misinformation and privacy breaches. Zuckerberg once dismissed the idea that misinformation on Facebook could have influenced the U.S. presidential election in 2016 as a"pretty crazy idea.
Since its inception, Facebook has appealed to users by promising to bring the world closer. But that promise seemed to fall flat after disinformation spread by foreign actors on the platform deliberately drove a wedge between Facebook users during the run-up to the 2016 presidential election. But in a December post on his Facebook page, Zuckerberg pushed some of the blame onto"shady apps that abused people's data," following the release of internal emails about the company's decision to change its developer platform several years ago.
Zuckerberg solidified Facebook's pivot to privacy in a 3,000-word note in March outlining his vision for the future of the internet.
Source: News Formal (newsformal.com)
They still censor folks 30 days at a time with no explanation. Ask me how I know.
I don't understand what's so bad in websites having your passwords in text?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facebook's Zuckerberg went before Congress a year ago — here's what has (and has not) changed sinceIn the year since Facebook CEO's testimony on Capitol Hill, the company has evolved its message and approach to privacy. His serial killer haircut has definitely not changed.... Censorship has not changed. I'm currently in FB jail for speaking the truth to power. I love Facebook to keep up with family only. If I want news I track it through twitter!
Source: CNBC - 🏆 12. / 72 Read more »
For a guy who’s not running, Joe Biden is having a tough campaignJoe Biden’s “creepy uncle” problem isn’t just that some women find his conduct patronizing or demeaning, but that it reminds everyone he’s a holdover from a previous era. It’s not that he’s old; it’s that he sometimes seems outdated. His campaign-to-be is already in trouble. DoyleMcManus Doyle McManus IS FULL OF SHIT as a CHRISTMAS TURKEY!!!!!! DoyleMcManus DoyleMcManus It isn’t that he’s old it because he acts old?
Source: latimes - 🏆 11. / 82 Read more »
18 Moms Who Are Having A Not So Great, Terribly Bad DayCan some give them a do-over?
Source: BuzzFeed - 🏆 730. / 51 Read more »
Here's What People Were Wearing At Coachella 10 Years AgoSome bold choices. Needs more fringes.
Source: BuzzFeed - 🏆 730. / 51 Read more »
A year after Zuckerberg's testimony, advertisers are still addicted to FacebookFacebook's ad revenue share and user base keep growing in the U.S., and advertisers haven't found alternatives that give the same kind of bang for their buck. * nVidia Tesla K20 - Computational Finance Rated facebook
Source: CNBC - 🏆 12. / 72 Read more »
45 years ago, a heinous F5 tornado tore through this town and changed it foreverThere was an eerie stillness in the air around midafternoon. At that point, residents of Xenia, Ohio, were still unaware of the disaster that would soon strike. The zenith of turbulence I was a little kid in Massachusetts, but remember my mother being freaked out because she couldn't contact my Dad's relatives who lived around Dayton. Scary time. I grew up in a suburb of Dayton - Kettering. We got giant hail that day. We were spared. My brother’s mustang had been stolen about a month earlier. They found it totally destroyed in Xenia. We drove through Xenia about s month after it happened. Looked like a war zone.
Source: washingtonpost - 🏆 95. / 72 Read more »
Teen found wandering in Kentucky says he's boy who went missing 7 years agoPolice and the FBI are investigating whether a teen found wandering in Kentucky on Wednesday is a boy who went missing in 2011 Police and the FBI are playing a game of clue with whether a teen found wandering in Kentucky on Wednesday is a boy who went missing in 2011 RUSSIA DIPLOIDE EMERGENCY .FORCES IN .CLOMBIA WITH DONALD TRUMP
Source: CNN - 🏆 4. / 95 Read more »
Lyft is having a messy first few days of tradingLyft was volatile in Tuesday trading. It isn't too late to short Lyft and make a killing.
Source: BusinessInsider - 🏆 729. / 51 Read more »
33 Stores That Are Having Great Sales This WeekDeals at Banana Republic, Sur La Table, Nordstrom, and more!
Source: BuzzFeed - 🏆 730. / 51 Read more »
Trump needles Biden over claims: 'Are you having a good time, Joe?'President Trump, who has faced numerous allegations of inappropriate conduct with women, tweaked former VP Biden over allegations that he made women uncomfortable with his touching. Glass houses..... I FELT LIKE JOE BIDEN 😂
Source: NBCNews - 🏆 10. / 86 Read more »