Technology Mark Zuckerberg to testify again before Congress
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.
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.
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 meets with Trump
The social network said Zuckerberg had a "good, constructive" meeting with the president."Mark is in Washington, D.C., meeting with policymakers to hear their concerns and talk about future internet regulation. He also had a good, constructive meeting with President Trump at the White House today," a Facebook spokesman said in a statement on Thursday.
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 tourand President Donald Trump. Zuckerberg 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 hasFacebook'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.
How to watch Mark Zuckerberg's speech about 'voice and free expression' Thursday
The Facebook boss will livestream his comments about "the challenges that more voice and the internet introduce," as well as global threats to free expression."It's the most comprehensive take I've written about my views, why I believe voice is important, how giving people voice and bringing people together go hand in hand, how we might address the challenges that more voice and the internet introduce, and the major threats to free expression around the world," he wrote on his Facebook page Wednesday.
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 worldfor 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 giveto the social media giant.
Mark Zuckerberg had a quiet dinner with Trump at White House in October .
The Facebook boss was in Washington to testify about Libra and get questioned about letting politicians spread misinformation in ads.Mark Zuckerberg met President Trump for dinner in October.
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