Performance on the money
legislation or change how the social network does business.
Although Zuckerberg, 33, had never testified at a congressional hearing before, he succeeded in deflecting questions like a Washington veteran. Forty times the internet mogul told lawmakers he had no answers at hand and would get back to them later. About one in three lawmakers got that response over the two days.
His performance had favourable results. Facebook shares closed up 0.78 per cent yesterday after rising 4.5 per cent on Wednesday.
Over the two days, the value of Zuckerberg’s stake in the company grew by about US$3 billion ($4b).
— Reuters