Home Social Media Zuck’s Pledge To Congress: Political Ad Transparency, An App Crackdown And Big Security Investments

Zuck’s Pledge To Congress: Political Ad Transparency, An App Crackdown And Big Security Investments

SHARE:

In Facebook CEO Mark Zuckerberg’s prepared statement for Congress, he describes how his company hopes to prevent illicit data sharing and enhance transparency around political advertising.

The testimony, which will be delivered Wednesday, partially reiterates changes that Facebook publicized last week. Last Wednesday, Facebook detailed API data restrictions. And last Friday, it described the tools it would use to enhance political ad transparency.

Massive app audit

Zuckerberg will also pledge to Congress that Facebook is conducting a massive app investigation.

“We’re in the process of investigating every app that had access to a large amount of information before we locked down our platform in 2014,” his prepared statements say. “If we detect suspicious activity, we’ll do a full forensic audit. And if we find that someone is improperly using data, we’ll ban them and tell everyone affected.”

AI to remove fake accounts, new staff to review content


Zuckerberg also claims Facebook has built “advanced AI tools to remove fake accounts” and he outlines a number of “successful” deployments.

Moreover, he mentioned that Facebook has about 15,000 people working on security and content review. Facebook will have north of 20,000 staffers on that job by the end of 2018.

He adds that Facebook’s security investments will “significantly impact” profitability.

Political ad authorization

Facebook said last Friday that it will require political advertisers to be authorized by the company.

Zuckerberg reaffirmed the requirement in his prepared remarks and added that political and issues advertisers must confirm their location and identity.

Subscribe

AdExchanger Daily

Get our editors’ roundup delivered to your inbox every weekday.

“Any advertiser who doesn’t pass will be prohibited from running political or issue ads,” the testimony says. Facebook will also label political ads and show who paid for them.

The rollout is starting in the US and will go global in the next few months.

Facebook also built a tool that shows on which pages a political ad is running. The tool is testing in Canada but will go global this summer.

Zuckerberg’s statements say these verification measures will require Facebook to hire thousands before the 2018 elections in the US and elsewhere in the world.

Must Read

John Gentry, CEO, OpenX

‘I Am A Lucky And Thankful Man’: Remembering OpenX CEO John ‘JG’ Gentry

To those who knew him, John “JG” Gentry wasn’t just a CEO. He was a colleague who showed up with genuine care and curiosity.

Prebid Takes Over AdCP’s Code For Creating Sell-Side AI Agents

The group that turned header bidding software into an open standard is bringing the same approach to publisher-side AI agents.

Meta logo seen on smartphone and AI letters on the background. Concept for Meta Facebook Artificial Intelligence. Stafford, UK, May 2, 2023

Meta Bets That Its Ad Machine Can Fund Its AI Dreams

Meta is channeling its booming ad revenue into a $135 billion AI drive to power its “personal superintelligence” future.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Header Bidding Rapper (Wrapper!)

Microsoft To Stop Caching Prebid Video Files, Leaving Publishers With A Major Ad Serving Problem

Most publishers have no idea that a major part of their video ad delivery will stop working on April 30, shortly after Microsoft shuts down the Xandr DSP.

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

Guess Its AdsGPT Now?

Ads were going to be a “last resort” for ChatGPT, OpenAI CEO Sam Altman promised two years ago. Now, they’re finally here. Omnicom Digital CEO Jonathan Nelson joins the AdExchanger editorial team to talk through what comes next.

Comic: Marketer Resolutions

Hershey’s Undergoes A Brand Update As It Rethinks Paid, Earned And Owned Media

This Wednesday marks the beginning of Hershey’s first major brand marketing campaign since 2018