Zuckerberg testimony reveals lawmaker confusion on Facebook
WASHINGTON (AP) — Facebook CEO Mark Zuckerberg acknowledged Wednesday that regulation of social media is "inevitable" and disclosed that his own personal information has been compromised by malicious outsiders. But after two days of congressional testimony, what seemed clear was how little Congress seems to know about Facebook, much less what to do about it.
Statements from representatives facing re-election this year ranged from complaints of anti-conservative bias to questions about whether Facebook could improve broadband speeds in their state.
Facebook shares rose more than 1 percent after climbing 4.5 percent on Monday.