Facebook chief executive Mark Zuckerberg clumsily responds as Democratic lawmakers stretched him on the company’s checkered track record on civil rights. This happened during a tense, six-hour-long Capitol Hill hearing.
The tech guru was visibly flustered during a blistering line of questioning from Rep. Joyce Beatty (D-Ohio), Alexandria Ocasio-Cortez, who pressed him on Facebook’s ongoing civil rights audit.
Facebook has touted the audit as a signal of its commitment to diversity as it fights allegations of its bias against minority groups.
When faced with questions about his company’s policy, Zuckerberg stumbled as Beatty asked him to name the recommendations from the audits recent audition.
He struggled to name the law firm that is conducting its audit. Perhaps the global and famous tech-savvy knows nothing really about his company’s operations or he is careful about the information he sells out.
Mark admitted, however, that he was unaware of whether any of the companies Facebook is partnering with to launch its digital currency through the Libra Association are led by people of colour, women or people who identify as LGBT.
Does Facebook policy really include minority groups? How fair is the policy?
Muslim Advocates, a civil rights group that has been critical of Facebook, said Zuckerberg’s responses at yesterday’s hearing showed he “abdicated his responsibility.”
“Facebook needs to immediately end its policy allowing false ads and must enforce its community standards robustly and consistently before more people are put in harm’s way,” the group said in a statement.
Lots of issues boiling on Twitter streets. Check this out.
Mark Zuckerburg is the CEO of Facebook and has been in a controversy about private data policy and Cambridge Analytica. He has been dragged for a while now about misconducts and misuse of private individuals data usage.
Facebook Libra Association
According to the white paper, “Libra is a simple global currency and financial infrastructure that empowers millions of people.” Libra has five essential features:
- Built on a secure, scalable, and reliable blockchain.
- It is a stablecoin which is backed by a reserve of assets.
- It is governed by the independent Libra Association.
- Uses the LibraBFT consensus mechanism.
- Smart contract coding is done through “Move” programming language.
Facebook aims to have 100 members in its Libra Association before the launch, which in on first half of 2020. Final decision-making authority lies with the association but Facebook will maintain a leadership role through 2019. However, the whitepaper states that once the network launches, all the members of the Association will have the same commitments, privileges, and financial obligations as any other Founding Member. All the peers will have equal governance power. Facebook has built a digital wallet called “Calibra” which will be used to interact with Libra. Users will be able to send Libra via their smartphones by using Calibra. To send funds to your Calibra wallet, Facebook will allow you to select from a list of partner payment providers, such as MasterCard, Visa, PayPal, and Stripe. People will also be able to turn US dollars into Libra for their Calibra digital wallet, by going to local or online currency exchanges. This is just simply put what Libra Association will be like if it really succeeds after the whole interrogation by House of Reps.