In The News
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."
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.
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.
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.
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.
A little-noticed provision in the 2,232-page government spending bill passed last week bans U.S. arms from going to a controversial ultranationalist militia in Ukraine that has openly accepted neo-Nazis into its ranks.
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.
Net neutrality must be restored. that’s a given. the decision in December by the Federal Communications Commission to abolish the First Amendment of the Internet was, in the words of dissenting commissioner Jessica Rosenworcel, “not good for consumers. Not good for businesses. Not good for anyone who connects and creates online.