Facebook's Zuckerberg Earns Likes for Washington Performance
- Company’s shares jump more than 5 percent to two-week high
- CEO looked uncomfortable on occasion, but got a few laughs too
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Facebook Inc. Chief Executive Officer Mark Zuckerberg apologized, defended his company, and jousted with questioners while agreeing with others during his first-ever congressional testimony. Early reviews on his effort to restore trust with lawmakers and the public were mostly positive.
“It was my mistake, and I’m sorry,” Zuckerberg said Tuesday, turning to look at individual lawmakers on the dais at a joint U.S. Senate committee hearing. The 33-year-old CEO looked occasionally uncomfortable, and dodged some questions including one about whether European consumer privacy laws should be enacted in the U.S. He also responded clearly to most queries and even got a few laughs, but not all lawmakers were convinced.