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Americans have finally started to lose faith in tech companies' ability to protect their information, according to a survey fielded by HarrisX, a research consultancy, within 24 hours of Facebook CEO Mark Zuckerberg’s testimony before Congress this month.

Expand chart
Reproduced from Inaugural Tech Media Telecom Pulse Survey, HarrisX; Chart: Axios Visuals

And, the survey also finds that the majority of people want government to do more to regulate Big Tech, especially social media companies.

The numbers that matter:

  • 83% think we need tougher regulations and penalties for breaches of data privacy.
  • 67% support major online privacy and security legislation being considered in the U.S. (such as Consent Act) and Europe (GDPR).
  • 65% support the Honest Ads Act requiring political advertisements on social media to list who paid for them, just like political ads on radio, print and TV.
  • 59% say they support an Under 16 Privacy Bill of Rights, to ensure kids under 16 have the right to have their online data permanently deleted.
  • 53% believe large technology companies should be regulated by the federal government the way big banks are.

Yes, but: 38% think the federal government isn’t capable of regulating large tech companies, while 31% think it is capable.

Bottom line: A majority (58%) of people believe regulation of Facebook and other social media companies is inevitable. But it’s not clear they trust the government to get it right: 49% say of congressional representatives do not understand how Facebook works.

Go deeper

E3 2021: Nintendo and Ubisoft team up with 'Mario + Rabbids' sequel

Image courtesy of Nintendo

Two of gaming’s biggest companies are creating a game together for the third time in five years with a Switch sequel, “Mario + Rabbids Sparks of Hope.”

Why it matters: Nintendo rarely lets other companies work with its characters, making its continued partnerships with Ubisoft a rare sign of trust.

Updated 3 hours ago - Politics & Policy

More than a dozen injured in downtown Austin shooting

Police tape in Austin, Texas in 2018. Photo: y Carolyn Van Houten/The Washington Post via Getty Images

A shooting in a busy part of downtown Austin, Texas, early Saturday injured 14 people, including two who are in critical condition.

The state of play: Gunfire erupted around 1:30 a.m. along 6th Street, a popular area with bars and restaurants. The shooting likely began as “some kind of disturbance between two parties,” Joseph Chacon, the interim chief of the Austin Police Department, said at a news briefing on Saturday afternoon.

5 hours ago - Technology

What's Next

Illustration: Sarah Grillo/Axios

Axios What's Next, our new weekday newsletter will be your guide to the waves of change in how we work, play and get around. This Axios AM Deep Dive gives you a taste of what we have in store...