FBN's Kristina Partsinevelos, Connell McShane and Charlie Gasparino on Facebook CEO Mark Zuckerberg's testimony on Capitol Hill.
One of the underlining themes of Mark Zuckerberg's testimonials in front of Congress is that people don't like the idea of being served ads based off of their browsing habits.
House lawmakers on Wednesday drilled down on Zuckerberg for a number of incidents when conservative content was rejected or blocked from its platform. Behind closed doors, Facebook explicitly refers to itself as a global company, not an American one, and the company knows its future growth is reliant on new worldwide users.
That disclosure pitched Facebook into a crisis of confidence among users, advertisers, employees and investors who were already struggling with Facebook's reaction to fake news and its role in the 2016 election. Rep. Marsha Blackburn of Tennessee asked Zuckerberg if Facebook subjectively manipulates algorithms "to prioritize or censor speech", to which he responded that the company only removes content related to terrorism and the like.
But in following the advice, "don't invest in companies you wouldn't want to run", I'm selling my Facebook stock.
The stakes are high for both Zuckerberg and his company.
Mr Zuckerberg also faced questions about the illegal trade of ivory in closed Facebook groups. At the hearing, Florida Senator Bill Nelson asked Zuckerberg why the company didn't do more back then to inform users of a privacy breach. People own their own data, as far as he sees it.
Explosions in Riyadh as air defences 'intercept Houthi rocket'
More than 10,000 people have been killed in Yemen since the beginning of the conflict. Saudi media reported that a ballistic missile was intercepted over the city.
Israel's Labor Party Leader Suspends Ties With Jeremy Corbyn for 'Enabling anti-Semitism'
In his letter, Mr Gabbay, the leader of Israel's main opposition party, hails its "long history of friendship" with UK Labour . It's deeply disappointing that the fight against antisemitism within the UK Labour Party has come to this.
The Internet Reacts To Nicholas' Tag Team Title Win
The final of the WWE Cruiserweight tournament, which crowned a new champion, featured Cedric Alexander and Mustafa Ali . I was as excited about this match as nearly anything on the card, and it lived up to my expectations.
While this particular hearing didn't help solve Facebook's privacy issue at all, holding hearings like this one is a real start to forming regulation on online data sharing - and as the internet becomes more important in everyone's lives, regulation seems unavoidable. "It's wonderful for us seniors to connect with our relatives".
The hearings were a major test for Zuckerberg. He noted that larger companies like Facebook have more resources to comply with regulations than small startups.
Facebook shares were trading up about 1 per cent on Wednesday having risen more than 4 per cent on Tuesday during Mr Zuckerberg's smoother Senate appearance.
Facebook has been consumed by turmoil for almost a month, since it came to light that millions of users' personal information was wrongly harvested from the website by Cambridge Analytica, a political consultancy that has counted U.S. President Donald Trump's election campaign among its clients.
Facebook also announced that it would inform users whose data had been breached.
But he stiffly defended Facebook's business model - specifically the way it uses data and postings from the 2.2 billion users of its free platform - calling it necessary to attract ad revenue the US$480 billion company depends on.
That may be enough to satisfy lawmakers for now.
In fact, he mentioned not once but multiple times during the course of the testimony that combating election interference as one of his "top priorities" this year.