Facebook Argues Against Breaking Up Facebook

Facebook Argues Against Breaking Up Facebook”

He said he does not invest in any social media companies.

Nick Clegg, the former coalition ball of sadness and current vice president of global affairs and communication for Facebook, has a somewhat different spin on things.

Facebook's vice president for global affairs, Nick Clegg has now responded with an op-ed of his own, stating that Facebook's size isn't the problem and that the social media giant's success as a platform can not be punished by breaking it up.

Facebook operates the world's largest online social network with more than 2bn users, and also owns popular photo-sharing app Instagram and messaging services WhatsApp and Messenger.

Facebook and its family of services have many competitors, and can find corporate efficiencies when it comes to data centers, talent and other resources that can work on its various offerings, Clegg said.

Zuckerberg said that Facebook's budget for safety this year is bigger than the whole revenue of the company when it went public earlier this decade. This was the beginning of Facebook - the top "social networking" site today.

The social media company responded Saturday with a Times opinion piece of its own, penned by Facebook VP Nick Clegg, who attempted to counter what he viewed as Hughes' position that the size of a company alone makes it problematic.

Clegg agrees with Hughes that Facebook needs more regulation and needs to do a better job - if he thought otherwise, he'd be insane.

In his editorial, Hughes urged the government to break Instagram and WhatsApp away from Facebook and prevent new acquisitions for several years. "He has too much power".

Sen. Josh Hawley has been more specific, and in March said antitrust laws need to be updated specifically to reflect the new tech world and social media landscape.

Sean Parker, the first president of Facebook, said he's a "conscientious objector" to Facebook too. Aside from the fact that Facebook has in reality done a jaw-droppingly bad job of doing everything from safeguarding user data to responding effectively to accusations of complicity in the Myanmar genocide (and its problems with misinformation, fake news, and election meddling remain a gaping maw), this has very little to do with antitrust law itself.

"What keeps happening now is there's another privacy scandal, or another election scandal, seemingly every week, at least every month", Hughes said.

"This argument holds unsafe implications for the American technology sector, the strongest pillar of the economy". Of course, he was referring to Facebook CEO Mark Zuckerberg.

Clegg retread a line that the company's executives have trotted out so many times that it's beyond a cliche: They know they have some work to do.

On Monday, Republican and Democratic US senators criticized reported plans for the settlement, calling on the FTC to impose harsher penalties and more restrictions on Facebook's business practices. After the Cambridge Analytica scandal, Hughes said he started to speak up and had some exchanges with Zuckerberg about the issues.

Like this



13 May 2019
Sexton reflects on Champions Cup heartbreak with 'big regret'
For all of the merited highs, though, Saracens , who came from 10-0 behind to become the first English club to win three Champions Cups , will not rest here.

13 May 2019
White House expects China to retaliate over trade tariffs
Global equities tumbled, with MSCI's gauge of stocks across the world on pace for its biggest one-day drop of 2019. The move affected 5,700 categories of Chinese products including internet modems, routers and similar devices.

13 May 2019
Supreme Court rules against Apple in App Store monopoly case
Pro-Apple Justices included Samuel Alito and Neil Gorsuch, both of whom hinted that Illinois Brick should be re-examined. Last year, iOS 12 gave a stay of execution to older devices by supporting exactly the same iGadgets as iOS 11.

13 May 2019
Drugmaker will donate meds for feds' push to end HIV epidemic
Gilead has agreed to donate Truvada until the company's next-generation preventative HIV drug, Descovy, is available. Truvada has shown to cut the risk of HIV transmission by well over 90% (if used regularly) among such patients.

13 May 2019
Supreme Court rules that consumers can sue Apple for App Store practices
They were supported by 30 state attorneys general, including from Texas, California and NY . Apple's store is far from the only one that takes a cut from developers.

13 May 2019
Lewis Hamilton opens up on Ferrari switch after Toto Wolff leak
I maybe should have tried it one lap earlier. "I kept it flat thinking it would all be fine. When they had sorted themselves out, Hamilton was in the lead he'd hold for all 66 laps.

13 May 2019
Rage 2's content roadmap includes a bunch of free DLC
Rage 2 is releasing on May 14 worldwide but, as usual, we'll be able to check reviews out a bit earlier than the street date. It even goes so far as to change the meta and scrutinize the ending of the first game, which was famously not well received.

13 May 2019
Cristiano Ronaldo: Florenzi gets last laugh after height taunts
Roma wing-back Alessandro Florenzi has dismissed his clash with Cristiano Ronaldo after victory over Juventus . Udinese and Empoli both got what could prove to be crucial wins in their fight to avoid relegation.

13 May 2019
Three found dead in German hotel with crossbow bolts in them
The gruesome finding in a hotel popular among hikers in the outskirts of Passau was made by a maid who entered to clean the room. The hotel is on the banks of the Ilz river, on the edge of the Bavarian city of Passau near the Austrian border.

13 May 2019
Pilot Pulls Off Emergency Landing Without Front Wheels
The pilot managed to land the plane on its nose, causing no injuries to the dozens of passengers and crew on board. The pilot of the Embraer 190 was praised for the landing, in which none of the 89 passengers was hurt.