Facebook’s co-founder: “It’s time to break up Facebook.”
Stickers bearing the Facebook logo are pictured at Facebook Inc's F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam By Taylor Telford Taylor Telford Reporter covering national and breaking news Email Bio Follow May 9 at 10:06 AM Chris Hughes, a co-founder of Facebook, is calling for the breakup of the social media juggernaut, citing the threat of the platform’s unchecked power and that of founder Mark Zuckerberg.
Hughes’s calls come as Facebook faces yet another controversy after an AP investigation revealed that the platform automatically generates videos and pages that elevate extremist groups.The op-ed painted a stark portrait of Facebook’s dominance: The company is worth half a trillion dollars and its products are regularly used by billions of people. By Hughes’s estimates, Facebook commands “more than 80 percent of the world’s social networking revenue.
"I’m angry that his focus on growth led him to sacrifice security and civility for clicks,” Hughes wrote.Hughes wants the government to correct the FTC’s “biggest mistake” by forcing Instagram and WhatsApp to split from Facebook and become competitors once again. Hughes also wants the government to create an agency to monitor tech companies to ensure healthy regulation. Zuckerberg himself has called for regulation in a March op-ed published in The Post.
“Today’s big tech companies have too much power -- over our economy, our society & our democracy,” Warren said in a tweet Thursday. “They’ve bulldozed competition, used our private info for profit, hurt small businesses & stifled innovation.”
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