Mark Zuckerberg hits back at Tim Cook

Zuckerberg says he's open to testifying before Congress
Zuckerberg says he's open to testifying before Congress

Mark Zuckerberg is firing back at Tim Cook.

The Facebook (FB) CEO defended his company's business model in an interview published by Vox on Monday, arguing that recent criticism from his counterpart at Apple was unfounded.

Cook recently called for increased regulation of social media, and questioned the practice of monetizing user data on free platforms by selling ads that allow advertisers to target specific groups.

"You know, I find that argument, that if you're not paying that somehow we can't care about you, to be extremely glib. And not at all aligned with the truth," Zuckerberg told Vox in response to a question about Cook's criticism.

"The reality here is that if you want to build a service that helps connect everyone in the world, then there are a lot of people who can't afford to pay," he added. "Having an advertising-supported model is the only rational model that can support building this service."

Facebook has been under intense pressure after it admitted that Cambridge Analytica, a company that worked on President Donald Trump's 2016 campaign, had accessed and improperly stored a huge trove of its user data.

Cook was asked last month how he would handle the crisis.

"I wouldn't be in this situation," the Apple (AAPL) CEO told reporters from Recode and MSNBC.

"The truth is, we could make a ton of money if we monetized our customer — if our customer was our product," he said. "We've elected not to do that."

Related: Facebook is distancing itself from data brokers

Apple executives have in recent weeks used privacy and transparency as a sales pitch, drawing a contrast with other companies -- especially Facebook -- in Silicon Valley.

Apple makes the vast majority of its money selling hardware, including iPhones, iPads and Macs. Facebook, on the other hand, has built an entire business on selling ads that target users based on information they provide.

Related: Why Apple uses privacy as a sales pitch

Cook called privacy a "human right" and "a civil liberty" during his interview with Recode and MSNBC. When "all of a sudden something is chasing me around the web," Cook said, he finds it "creepy."

Zuckerberg told Vox, however, that Facebook is dedicated "serving people," despite its reliance on advertising.

"If you want to build a service which is not just serving rich people, then you need to have something that people can afford," Zuckerberg said.

"I think it's important that we don't all get Stockholm Syndrome and let the companies that work hard to charge you more convince you that they actually care more about you," he added.

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