Facebook rejects co-founder call for breakup, senator urges U.S. antitrust probe via ReutersTV
WASHINGTON - Facebook Inc quickly rejected a call from co-founder Chris Hughes on Thursday to split the world’s largest social media company in three, while lawmakers urged the U.S. Justice Department to launch an antitrust investigation.
Facebook rejected Hughes’ call for WhatsApp and Instagram to be made into separate companies, and said the focus should instead be on regulating the internet. Zuckerberg will be in Paris on Friday to discuss internet regulation with French President Emmanuel Macron. The letter also asked questions about consumer privacy protections and if it had information about users’ creditworthiness.
Facebook lost several executives after a bruising series of privacy and disinformation scandals since 2016. The founders of Instagram and WhatsApp have left, as has the executive who took over WhatsApp last year.Chief Product Officer Chris Cox, who had been at the company for 13 years and was one of Zuckerberg’s closest lieutenants, stepped down in March around the same time Facebook announced a pivot toward more private messaging.
Hughes suggested Zuckerberg should be held responsible for privacy and other lapses at the company, echoing a call earlier this month by Democratic U.S. Senator Ron Wyden to hold the CEO individually liable for “repeated violations” of privacy. “The way forward is to heavily scrutinize future mergers and to ensure no company has anti-competitive platform privileges,” Khanna said.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Facebook rejects co-founder's call for breakup, senator urges U.S. antitrust probeFacebook Inc quickly rejected a call from co-founder Chris Hughes on Thursday to...
और पढो »
Explainer: What would it take for U.S. regulators to break up Facebook?Facebook Inc co-founder and Mark Zuckerberg's former college roommate Chris...
और पढो »
Factbox: The work at one Facebook 'labeling' projectFacebook Inc has thousands of content labelers around the world who categorize c...
और पढो »
Facebook deletes more accounts linked to RussiaFacebook Inc said on Monday it had removed multiple pages, groups and accounts l...
और पढो »
Facebook co-founder says it is time to break up the companyFacebook Inc co-founder and former Mark Zuckerberg roommate Chris Hughes has called for the break up of the social network in an opinion piece in the New York Times. Mark's power is unprecedented and un-American,' Hughes wrote on Thursday. Facebook owns the largest social network with more
और पढो »
The top 5 must-reads for business leaders, according to a handful of America's most effective CEOsThe top 5 must-reads for business leaders, according to America's most effective CEOs (via Inc)
और पढो »
A Facebook exec who has made hundreds of hires says she uses one interview question to instantly reveal a candidate's true colorsFacebook executive Julie Zhuo started as an intern and is now the company's the vice president of product design, running a team of 250 people.
और पढो »
Starbucks' China rival Luckin looks to raise up to $586.5 million in IPOLuckin Coffee Inc, the Chinese challenger to Starbucks Corp, is looking to raise...
और पढो »
Google plans new browser tools on privacy, ad transparencyGoogle is trying hard to convince consumers that it's safe to trust them, an issue it put front and center at its developer conference
और पढो »
Sun Life profit misses estimates as wealth sales fall in Canada unitCanadian insurer Sun Life Financial Inc missed estimates for quarterly earnings ...
और पढो »