'I'm sorry', Facebook CEO Mark Zuckerberg apologizes over data misuse

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He's now tweaking that high-minded goal to emphasize positive community-building, not just connectivity.

Zuckerberg also said that Facebook's major investments in security "will significantly impact our profitability going forward".

"Why is connectivity a good thing?"

If you get the message on the left, or a version of it, you're in the clear.

The Silicon Valley firm also deleted a feature that allowed people to search for users' profiles based on their e-mail addresses and phone numbers, which Mr. Zuckerberg said had been abused by "malicious actors" to collect information about many Facebook users. "There is simply no reason for your company to provide less than the best legal standards now available to protect the privacy of Facebook users", several USA and European groups wrote in an open letter to Facebook.

Facebook said CA's acquisition of Facebook data via the app developed by Aleksandr Kogan and his firm Global Science Research Ltd happened without its authorization and was an explicit violation of its platform policies.

Facebook could likely survive a $2 billion cut in its bottom line. Since then, the stock has climbed about 4 percent to $158.61 at midday Monday.

Facebook hired several outside consultants to help coach Zuckerberg, even holding mock sessions to prepare him for questions from lawmakers.

Ardern used Facebook messenger to inform her partner Clarke Gayford that she had been elected leader of the Labour party in August previous year, and that she was pregnant.

One legal expert who worked on that FTC enforcement case, David Vladeck, says Facebook could face substantial, if not astronomical, civil penalties if it is found to be in violation of the consent decree.

Apple Introduces Red iPhone for a Cause
As expected the official announcement of RED branded iPhone 8 and iPhone 8 Plus has come via official press release from Apple. They'll be available online from Apple begining tomorrow, April 10, and T-Mobile will begin taking pre-orders on April 11.

The full roll out will happen over time, so not all users will see the link at the same time.

Top of the agenda in this week's hearings will be Facebook's dealings with Cambridge Analytica, a London-based company that counts United States president Donald Trump's 2016 campaign among its past clients, or go-betweens. Last week, it announced new transparency and verification rules for advertisers and page administrators.

It's not Zuckerberg's fault that he has suddenly been deemed on the wrong side of history, but the Cambridge Analytica blowup is bringing a useful spotlight on the most sanctimoniously self-regarding large company in America.

Facebook has taken a series of proactive steps to make up for massive lapses in protecting personal data, as lawmakers signaled they intend to get tough on privacy.

Nelson, however, isn't confident regulations will be passed under the Trump administration, while noting that Facebook's business model requires data to target ads.

Researchers such as Stucke worry that Facebook might be able to wait out the pressure. Kudlow said. "That's my bigger question". "You hire a lot of lobbyists".

"Now we have to go through every part of our relationship with people and make sure we're taking a broad enough view of our responsibility", he said.

Facebook said the commission will last for one year and that membership will be determined in the coming weeks. Facebook relies on profits from precision targeting of ads and engaged users, which is hard to balance with demands to protect user privacy and stamp out content that's deceptive or false. "I wouldn't be too conservative about what's realistic".

The company started rolling out notifications today that let users view and limit the amount of personal information that can be accessed by third-party apps.

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