Bret Taylor Defends Facebook's Privacy Practices

Bret Taylor, chief technical of Facebook, along with other top technology companies, testified to the Consumer Protection, Product Safety and Insurance Senate Subcommittee on the topic of consumer privacy and protection in the mobile marketplace.

Yesterday morning, Bret Taylor, chief technical of Facebook, along with other top technology companies, testified to the Consumer Protection, Product Safety and Insurance Senate Subcommittee on the topic of consumer privacy and protection in the mobile marketplace.

This moment is a pivotal time for Facebook who could be significantly impacted by any new privacy bills passed. As Facebook has articulated in conjunction with other organizations, increased privacy regulation would most definitely mean increased costs. Facebook also tends to defend the exhaustive efforts that the company has taken in an effort to protect its users.

During his opening statements, Taylor discussed five key points:

  1. Openness of the Internet is a catalyst for innovation — social web is an engine for jobs, innovation, and economic growth, internet architecture creates technical challenges for the transfer of data,
  2. Mobile technology is playing an increasing role in how people experience the social web,
  3. Facebook has built...
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