WASHINGTON: Facebook Inc Chief Executive Mark Zuckerberg told Congress in written testimony released on Monday that the social media network did not do enough to prevent misuse of data and apologised. “It’s clear now that we didn’t do enough to prevent these tools from being used for harm...” he said in testimony released by the US House Energy and Commerce Committee. “We didn’t take a broad enough view of our responsibility, and that was a big mistake,” his testimony continued. Zuckerberg also said that Facebook’s major investments in security “will significantly impact our profitability going forward.” Facebook shares were up 1.7 percent in midday trading. London-based Cambridge Analytica, which counts US President Donald Trump’s 2016 campaign among its past clients, has disputed Facebook’s estimate of the number of affected users.

Source: New Strait Times April 09, 2018 16:52 UTC