Technology Mark Zuckerberg to testify again before Congress
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.
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
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 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.
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 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.
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.
Zuckerberg's Senate hearing highlights in 10 minutes
Facebook CEO Mark Zuckerberg testified before a joint hearing in Congress to address steps the social network is taking in light of the Cambridge Analytica ...
Mark Zuckerberg's Testimony Before Congress: The Six Best Exchanges
Here are some highlights from Mark Zuckerberg's Congressional testimony. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' ...
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