Facebook is an idealistic and optimistic company.
For most of our assistants, we focused on all the good that connecting people can do.
But it's clear now that we didn't enough to prevent these tools from being used for harm as well.
We didn't take a broad enough view of our responsibility.
And that was a big mistake.
And it was my mistake.
And I'm sorry.
Facebook and other online companies will not or cannot fix the privacy invasions, then we are going to have to.
We, the congress,
Your user agreement sucks.
You spot me 75 IQ points.
If I can figure it out, you can figure it out.
The purpose of that user agreement, is to cover Facebook's rear end.
It's not to inform your users about their rights.
What did we tell our constituents given what has happened here?
Why we should let you self regulate.
What would you tell people in South Carolina that given all the things we just discovered here it's a good idea for us to rely upon you to regulate your own business practices.
Well Senator, my position is not that there should be no regulation.
I think the internet is increasingly-
Do you embrace regulation?
I think the real question, as the internet becaomes more important in people's lives, is what is the right regulation not whether there should be or not.
But you as a company welcome regulation?
I think if it's the right regulation, yes.
Do you think the Europeans have it right?
I think that they get thing right.
Have you ever submited-
There��s a very common misconception about Facebook, that we sell data to advertisers, and we do not sell data to advertisers.
Well you clearly rented
What we allow is for advertisers to tell us who they want to reach, and then we do the placement.
Would you be comfortable sharing with us the name of the hotel you stayed in last night?
If you've messaged anybody this week would you share with us the names of the people you've messaged?
Senator, no, I would probably not choose to do that publicly here.
I think that maybe what this is all about, your right to privacy, the limits of your right to privacy, and how much you give away in modern America
In the name of, quote, connecting people around the world.