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Facebook CEO Mark Zuckerberg testifies before a joint hearing of Senate committees. Photo: Jim Watson/AFP/Getty Images
Facebook CEO Mark Zuckerberg apologized to lawmakers today for failures in handling user data but didn’t waver in offering a defense of the company’s broader business model or its value to society, Axios' David McCabe reports from Capitol Hill.
From the scene: Reporters are elbow-to-elbow and there's significant public turnout to see Zuckerberg testify. McCabe also spotted several high-level Facebook staffers, including General Counsel Colin Stretch, policy and communications chief Elliot Schrage and Erin Egan, who runs the company's Washington office.
Be smart, from Axios managing editor Kim Hart:
Quick hits from the hearing, which is still underway:
P.S: ... Zuck also said this: “I agree that we’re responsible for the content.”
Why that matters, from Axios' Sara Fischer: What separates Facebook from a media company in the traditional sense is that Facebook is not legally responsible for the content on its platform. By admitting that he feels Facebook is responsible for the content, he is making a concession for the first time that Facebook should be held to the same legal standards as that of a traditional media company.
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