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U.S. Representative Ro Khanna, a California Democrat, says Facebook CEO Mark Zuckerberg's testimony was long overdue. He speaks with Bloomberg's Emily Chang on "Bloomberg Technology."

Watch the video here: https://www.bloomberg.com/news/videos/2018-04-11/rep-ro-khanna-says-zuckerberg-s-testimony-was-long-overdue-video

Increased regulation in the technology sector would be good for Facebook but bad for its competitors, said Kevin Knight, former Team Lead of Facebook Creative Shop in New York.

"The harder the government makes it for companies to access shared data or data that changes places, that changes between different platforms," Knight told CNBC, "the stronger it makes companies that have access to tons of data within their own right. That means Facebook, Amazon, Google."

California Sen. Dianne Feinstein was just a twelve-mile drive from Facebook headquarters in Menlo Park, Calif., when she fielded a question about what Washington is doing to protect America's Democratic process from cyber attacks by foreign actors.

Rep. Ro Khanna, who represents Silicon Valley in the House, says he has spoken to Facebook officials and warned them that it is time to create an Internet Bill of Rights that includes the right to know your data, delete your data and transfer your data online.

Watch the video here: https://www.msnbc.com/kasie-dc/watch/democrat-khanna-calls-for-internet-bill-of-rights-1205959747562

SCOTT DETROW, HOST:

This coming week, Facebook CEO Mark Zuckerberg will sit before House and Senate committees. He'll be answering questions about how a conservative political firm improperly obtained data about up to 87 million Facebook users. The Cambridge Analytica scandal looks like it may be a tipping point when it comes to how the public and how politicians view social media.

Congressman Ro Khanna is a Democrat, and he represents Silicon Valley in Congress, and he joins us now. Congressman, thanks for coming on the show.

RO KHANNA: Absolutely.

Mark Zuckerberg will be headed to Washington. No one knows precisely when or to whom, but he himself has said he would be "happy" to testify.

That he has never been before Congress is one of those minor miracles that only technology companies seem capable of generating through their bulky "policy" (i.e. lobbying) teams and still considerable popularity.

Tech policy issues could drive decision-making at the polls in 2018, Rep. Ro Khanna (D-Calif.), whose district includes Silicon Valley, told Bloomberg Law.

"Net neutrality is a voting issue, especially for young folks," Khanna said.

The revelation that British consulting firm Cambridge Analytica collected and maintained data on 50 million Facebook users to influence U.S. elections has prompted calls for oversight, investigation and possibly regulation of the social media giant.

Facebook founder Mark Zuckerberg made clear this week that he is open to the government regulating Facebook in some way. "The question isn't, ‘Should there be regulation or shouldn't there be?' It's ‘How do you do it?'" Zuckerberg told Wired.com.