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you can do depending what you do with your settings within facebook and all of us should be a lot more aware of on our ability to utilize those settings. but, no, they know a lot more about us than many of our spouses or friends know about us because they know the transactions that you're making, the locations that you're visiting, your activity online, which is why when you go on these services, the ads that you see reflect the behavior that you've had in the last 24 hours. so if you're looking for a fishing pole or talking to someone about a fishing pole, look, here is an ad for a new fishing pole. and for a long time, i think consumers thought it was cool and now consistently people are seeing it as creepy and might be cause for new data protection for consumers, which i think you're going to see congress start to take up. >> but do you think congress has the ability to come up with data protections that actually work considering the generational
a complaint with the supervisory authority in their own country instead of potentially having to challenge a foreign company abroad those violating data protection rules will face harsher fines instead of the maximum three hundred thousand euros in germany companies will face up to twenty million euros in penalties or four percent of annual turnover whichever is bigger for facebook that'd be one point three billion euros. the new regulation requires companies and website operators to pay closer attention to what they do with their users information. and remaining legal anomalies are likely to be settled in the courts in the coming years. consumer watchdogs have welcomed the new rules and say they give individuals more control over their personal information. though all sounds well and good but are we regulating our digital economy to dest us data protections stand in the way of
for instance the one about regulation where he was asked whether he just doesn't think that facebook is too much a monopoly and he was asked to convince the lawmakers of why they should not break up facebook there was no answer for that there was a really good question on whether he would cooperate with the e.u. on the trust the authorities are looking into cases that there were questions about regulation where he simply said yes some sort of regulation but flexible regulation would be good and there was questions about compliance with the new package of tough legislation that comes up regarding data protections in a couple of dates which is a coincidence so if it happens it was planned for years and play in place and now it comes into action three days he says he will fully comply with that but ask about guarantees about compensation for facebook users no response from mark zuckerberg on those critical issues let's talk about. social media
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