Facebook is facing another investigation over revelations that information from tens of millions of its users were accessed by data research firm Cambridge Analytica.
The scandal has brought up significant questions around data privacy laws and more stringent regulation of technology companies that process huge amounts of data - the main cause of Facebook's market value plummet.
"This is a point in history where we really need to fix these things", McGinn said.
Noting that a European data protection standard due to come into effect on May 25 was more stringent than what was now in place at Facebook, Zuckerberg suggested it could serve as a rough model for U.S. rules in the future.
Truth be told, we'll probably have to wait until Facebook's forthcoming earnings report in order to get a more accurate gauge as to how the ongoing controversy enveloping the company has impacted its user base.
With that in mind, obviously the company is going to see users' information.
"It's pretty obvious to me that someone is listening to the audio on our phones", Buschon said.
Nigeria Climbs Five Spots In Latest FIFA Ranking The 2022 World Cup will be hosted in Qatar, the first time the tournament will take place in the Middle East. To go to the World Cup and introduce this system in the World Cup, I think it is not very clever.
"This is their information, they own it", he added.
"It's very clear that Cambridge Analytica and these kinds of companies are the product of an environment to which Facebook has contributed greatly", says Mr Popov.
As he did on Tuesday before a Senate hearing, Zuckerberg refused during a House of Representatives committee hearing to make any promises to support new legislation or change how the social network does business.
Analysts are also betting that there won't be much in the way of a user or advertiser fallout for Facebook either.
Frederike Kaltheuner from Privacy International tells Tech Tent that this kind of data collection, with users unaware of what is happening, is all too common - and Facebook is far from the only culprit.
In 2o12, Facebook agreed with the FTC to institute and maintain a comprehensive privacy program, following the internet giant's deceit of how it used consumer data.
Have you deleted your Facebook account in the wake of the Cambridge Analytica scandal?
"This is why we are creating a Social Media Working Group", Jelinek said. "We will also no longer allow apps to ask for access to personal information such as religious or political views, relationship status and details, custom friends lists, education and work history, fitness activity, book-reading activity, music-listening activity, news reading, video-watching activity, and games activity", said Facebook in an official statement.
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Facebook's Zuckerberg says sorry
Nelson said he has asked the Congressional leadership to to haul Cambridge Analytica in to answer questions at a separate hearing. Tighter regulation of how Facebook uses its members' data could affect its ability to attract advertising revenue, its lifeblood.