Exclusive: Mark Zuckerberg has decided to testify before Congress
Source: CNN
by Dylan Byers @CNNTech
March 27, 2018: 11:37 AM ET
After repeated calls for him to do so, Mark Zuckerberg has decided he will testify before Congress.
Facebook sources tell CNNMoney the 33-year-old CEO has come to terms with the fact that he will have to testify before Congress within a matter of weeks, and Facebook is currently planning the strategy for his testimony.
The pressure from lawmakers, the media and the public has become too intense to justify anything less.
The Facebook sources believe Zuckerberg's willingness to testify will also put pressure on Google CEO Sundar Pichai and Twitter CEO Jack Dorsey to do the same. Senate Judiciary Chairman Chuck Grassley has officially invited all three CEOs to a hearing on data privacy on April 10.
That means Washington, not London, will be the stage for the trial of big tech. Zuckerberg today turned down a request from British lawmakers to answer questions on the social network's privacy practices and will send two deputies instead.
Read more: http://money.cnn.com/2018/03/27/technology/mark-zuckerberg-testify-congress-facebook/index.html
poboy2
(2,078 posts)Stuart G
(38,445 posts)PearliePoo2
(7,768 posts)ToxMarz
(2,169 posts)"The Facebook sources believe Zuckerberg's willingness to testify will also put pressure on Google CEO Sundar Pichai and Twitter CEO Jack Dorsey to do the same." (patting themselves on the back)
That's sounds a lot like "but Hilary, Benghazi, THE EMAILS!!!!"
RandomAccess
(5,210 posts)Tamp down unmitigated arrogance.
poboy2
(2,078 posts)FakeNoose
(32,748 posts)This isn't a grand jury testimony so he can have his lawyers with him. They'll make sure he's prepped, and they'll stop him before he makes any mistakes. This should be a walk in the park for him.
BumRushDaShow
(129,440 posts)in the hearing room. Bank on it!
dogknob
(2,431 posts)This whole thing will just be bread, circuses, followed by "new laws" to keep us (meaning them) "safe"
DeminPennswoods
(15,290 posts)nt
old guy
(3,283 posts)Should be quite a love fest with him and the repub questioners.
csziggy
(34,137 posts)So it is no wonder that Zuckerberg prefers to come clean in this country rather than England or Europe.
Everyone responsible for using data has to follow strict rules called data protection principles. They must make sure the information is:
used fairly and lawfully
used for limited, specifically stated purposes
used in a way that is adequate, relevant and not excessive
accurate
kept for no longer than is absolutely necessary
handled according to peoples data protection rights
kept safe and secure
not transferred outside the European Economic Area without adequate protection
There is stronger legal protection for more sensitive information, such as:
ethnic background
political opinions
religious beliefs
health
sexual health
criminal records
https://www.gov.uk/data-protection
It was adopted on 27 April 2016. It becomes enforceable from 25 May 2018, after a two-year transition period.
Unlike a directive, it does not require national governments to pass any enabling legislation and so it is directly binding and applicable.[3]
Summary
"The proposed new EU data protection regime extends the scope of the EU data protection law to all foreign companies processing data of EU residents. It provides for a harmonisation of the data protection regulations throughout the EU, thereby making it easier for non-European companies to comply with these regulations; however, this comes at the cost of a strict data protection compliance regime with severe penalties of up to 4% of worldwide turnover."[4]
The GDPR also brings a new set of "digital rights" for EU citizens in an age of an increase of the economic value of personal data in the digital economy.
https://en.wikipedia.org/wiki/General_Data_Protection_Regulation
ananda
(28,876 posts)Not so in UK.
bullwinkle428
(20,630 posts)OnDoutside
(19,970 posts)Bengus81
(6,932 posts)This has been going on since the Jan 26th meltdown and has increased with the investigation of their involvement. Yeah...I'm sure he is ready to BS his way to seeing FB stock going back up. All in all his stock is down about $16.5 BILLION since Jan 26th.
That's all his testimony will be,BS.
wishstar
(5,271 posts)as part of genius wonder boy's attempt to claim he and his staff were merely unwitting dupes.