Newsdeck: Facebook co-founder says it is time to break up the company

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Newsdeck: Facebook co-founder says it is time to break up the company By Reuters reuters

“We are a nation with a tradition of reining in monopolies, no matter how well intentioned the leaders of these companies may be. Mark’s power is unprecedented and un-American,” Hughes wrote https://www.nytimes.com/2019/05/09/opinion/sunday/chris-hughes-facebook-zuckerberg.html on Thursday.

Hughes co-founded Facebook in 2004 at Harvard with the company’s Chief Executive Officer Zuckerberg and Dustin Moskovitz. He quit Facebook in 2007 and later said in a LinkedIn post https://www.linkedin.com/pulse/i-made-half-billion-dollars-three-years-work-heres-what-chris-hughes that he made half a billion dollars for his three years of work.

Hughes said he last met with Zuckerberg in the summer of 2017, several months before the Cambridge Analytica scandal broke. “And I’m worried that Mark has surrounded himself with a team that reinforces his beliefs instead of challenging them.”

 

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