Facebook to Hire more than 20,000 People Working on Security Issues

Facebook CEO Mark Zuckerberg on Tuesday testified in front of the US Senate. When Zuckerberg was asked about Russia's 2016 U.S. Presidential election, he said: "We were too slow to spot and respond to Russian interference, and we're working hard to get better. Our sophistication in handling these threats is growing and improving quickly." He added that Facebook is significantly increasing their investment in security. "We now have about 15,000 people working on security and content review. We'll have more than 20,000 by the end of this year," he added.

The Facebook CEO apologized for what happened and took responsibility for everything. He also said that there is an online propaganda "arms race" with Russia and it was important to make sure no one interferes in any more elections including in India, Facebook CEO Mark Zuckerberg said at a five-hour marathon session at the US Congress.

"The most important thing I care about right now is making sure no one interferes in the various 2018 elections around the world," he testified before a 44-Senator panel. "As long as there are people sitting in Russia whose job it is to try and interfere with elections around the world, this is going to be an ongoing conflict," the 33-year-old billionaire said as he prepared to testify again, this time before a House panel.

Zuckerberg has said Facebook will ensure that its platform is not misused to influence elections in India and elsewhere. Facebook on Monday said: "Our goals are to understand Facebook's impact on upcoming elections — like Brazil, India, Mexico and the US midterms — and to inform our future product and policy decisions."

Facebook's stock was up about 2 percent even before Zuckerberg sat down. It moved even higher when he started addressing...