No surprises here. Facebook does not support the co-founder Chris Hughes' proposal to split the world’s largest social media company into three parts.
Here's how Facebook responded to the social network's co-founder Chris Hughes calling for a government-mandated breakup of Facebook: Nick Clegg, former UK Deputy Prime Minister, who once advocated for the breakup of monopolies in the UK.
“Facebook accepts that with success comes accountability. But you don’t enforce accountability by calling for the break up of a successful American company,” Facebook spokesman Nick Clegg said in a statement.
“Accountability of tech companies can only be achieved through the painstaking introduction of new rules for the internet. That is exactly what Mark Zuckerberg has called for.”
New rules for the internet.
Oh, that sounds just great.
Zephyr Teachout translated this flaming pile of PR garbage the best.
Zuckerberg: To rebut the claim I am too powerful, I will have the former UK Deputy Prime Minister publicly disavow his prior anti-monopoly stance (now that he is paid by me) and promise to meet with other world leaders to painstakingly tell them what regulation suits me best.
U.S. lawmakers continue to urge the Justice Department to launch an antitrust investigation.
Asher Burke died in March after a helicopter he'd chartered to visit the Kenyan ranch he'd invested in as an "entrepreneur playground" crashed in high winds; his stateside obits called the 27-year-old deputy political director of the Republican Party of San Diego as an entrepreneur, the founder and CEO of Ads, Inc, "on a mission […]
Since the 1990s, governments around the world have waged war on working encryption, arguing that "civilians" should be limited to using crypto with known defects that allow it to be broken, so that "good guys" can chase "bad guys."
Facebook CEO Mark Zuckerberg hosted “secretive talks” and off-the-record dinners with conservative figures in recent months, reports Politico’s Daniel Lippman. Among the delights were discussions of “free speech and partnerships” with nationalist Fox News commentator Tucker Carlson and Sen. Lindsey Graham, a key Trump ally. As part of the series, Zuckerberg met earlier this year […]
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There’s overwhelming support for clean energy, and the planet is giving us more reasons to invest in renewable power sources with every passing year. Even in the most inhospitable areas, wind and solar can provide a good chunk of our power, if not all of it. So why aren’t we all taking advantage of it? […]
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