Technology: Mark Zuckerberg to testify again before Congress - PressFrom - US
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Technology Mark Zuckerberg to testify again before Congress

20:20  09 october  2019
20:20  09 october  2019 Source:   cnn.com

Mark Zuckerberg to meet with lawmakers in Washington

Mark Zuckerberg to meet with lawmakers in Washington The trip marks Zuckerberg's first visit to Capitol Hill since his highly publicized testimony at congressional hearings last year.

Facebook CEO Mark Zuckerberg will testify before a House committee later this month as Congress scrutinizes the tech giant's plans for a digital currency.

Mark Zuckerberg wearing a suit and tie looking at the camera: WASHINGTON, DC - APRIL 10: Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before a combined Senate Judiciary and Commerce committee hearing in the Hart Senate Office Building on Capitol Hill April 10, 2018 in Washington, DC. Zuckerberg, 33, was called to testify after it was reported that 87 million Facebook users had their personal information harvested by Cambridge Analytica, a British political consulting firm linked to the Trump campaign. Photo by Zach Gibson/Getty Images)© Zach Gibson/Getty Images WASHINGTON, DC - APRIL 10: Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before a combined Senate Judiciary and Commerce committee hearing in the Hart Senate Office Building on Capitol Hill April 10, 2018 in Washington, DC. Zuckerberg, 33, was called to testify after it was reported that 87 million Facebook users had their personal information harvested by Cambridge Analytica, a British political consulting firm linked to the Trump campaign. Photo by Zach Gibson/Getty Images)

Rep. Maxine Waters, the California Democrat who chairs the House Financial Services Committee, said Zuckerberg will be the only witness at the October 23 hearing.

Facebook CEO Mark Zuckerberg heads to Washington

Facebook CEO Mark Zuckerberg heads to Washington SAN FRANCISCO (AP) — Facebook CEO Mark Zuckerberg will be in Washington Thursday to meet with lawmakers and talk about internet regulation. The company said the meetings are not public and it did not give details on whom Zuckerberg is meeting with and what, exactly, he'll discuss. Facebook is under growing pressure from lawmakers and regulators concerned about how it protects users' privacy and about its potentially anticompetitive behavior. In July, the Federal Trade Commission fined the company a record $5 billion for privacy violations.

The hearing marks the second visit to Washington for Zuckerberg in as many months, after he swung through the nation's capital on a whirlwind tour meeting privately with lawmakers and President Donald Trump. Zuckerberg was grilled by Congress last year in the wake of the Cambridge Analytica data scandal.

"Mark looks forward to testifying before the House Financial Services Committee and responding to lawmakers' questions," Facebook said in a statement.

Waters has sharply criticized Facebook's plans for a digital currency, known as Libra, and called for Facebook to halt development of the project. The company has said it will not roll out the product in the United States until policymakers' concerns have been addressed.

Mark Zuckerberg in DC today to discuss 'future internet regulation'

  Mark Zuckerberg in DC today to discuss 'future internet regulation' Facebook's CEO and co-founder has a series of private meetings with policymakers in D.C. today. “Mark is in Washington, D.C., to meet with policymakers and talk about future internet regulation," Facebook told ABC News in a statement Thursday. "There are no public events planned.

The stated goal for Libra is to create a universal currency and payments system that users can access from their smartphones. But lawmakers around the world raised concerns about its implications for financial markets, cyber crime and consumer privacy.

Lawmakers are still struggling to understand exactly what Libra is and how it would work, but nonetheless are deeply concerned it could threaten the US dollar. They also worry Libra's access to Facebook's billions of users could give even more power to the social media giant.

Facebook CEO Mark Zuckerberg live streams employee Q&A in rare move .
Zuckerberg's internal Q&As with employees were leaked earlier this week.Zuckerberg broadcasted the Q&A from his Facebook account days after The Verge published transcripts and audio clips of Zuckerberg speaking to employees at two town hall meetings in July. In his leaked remarks, Zuckerberg told employees he was ready to "go to the mat" and fight for Facebook if Sen. Elizabeth Warren becomes president and tries to break up the social media giant.

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