Facebook founder and CEO Mark Zuckerberg will testify before Congress next week about the company's privacy practices and the Cambridge Analytica data scandal. Axios tech reporter David McCabe breaks down the potential regulations that may change the internet.
Read More: Mark Zuckerberg to Testify to Congress on Facebook’s Handling of Data Next Week (NYT)
Mr. Zuckerberg will testify before the House Energy and Commerce Committee on April 11. He is also expected to appear before at least one Senate committee next week.
It will be Mr. Zuckerberg’s first appearance before lawmakers, and it comes after disclosures that personal information of more than 50 million Facebook users was improperly harvested by Cambridge Analytica, a political consulting firm connected to President Trump that used the data to target voters in the 2016 election.
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Facebook has faced a high level of scrutiny over its handling of user data and is under investigation by the Federal Trade Commission on suspicion of violating an agreement in 2011 to protect its users’ privacy. The company’s stock is down sharply since The New York Times and The Observer of London reported on how Cambridge Analytica improperly acquired users’ data.
But the company’s problems stretch back much further, with investigations into how Russian actors infiltrated Facebook’s platform by placing ads and posts to disrupt the 2016 American presidential election. At the time, Mr. Zuckerberg dismissed the idea of foreign interference on his platform as a “crazy idea.”
Since then, the company has been brought into investigations by law enforcement and Congressional committees on Russian interference, and the company has acknowledged that its platform was used by agents to influence voters.