Facebook co-founder Chris Hughes issued a forceful call for regulators to break up the company he helped build in a New York Times op-ed published Thursday.
It's no coincidence that Hughes chose to write this op-ed now. Facebook is preparing to merge the technology behind its three messaging platforms, Facebook Messenger, Instagram and WhatsApp, as part of its new vision for social media as a private communication network. That vision came after Facebook's more public forms of communication were found to be used by foreign actors to influence voters ahead of the 2016 U.S. presidential election.
Hughes called the FTC's decision to let Facebook acquire Instagram and WhatsApp in the first place the regulator's"biggest mistake" and said the three entities should be broken into separate companies before Facebook weaves them together. Part of Hughes' argument is that Facebook's size and scale leaves users with few options for other social networks to turn to if they want to leave Facebook's services. If Facebook doesn't acquire a social networking company, it can just copy its features and launch them at scale before its smaller competitor has a chance to take off.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Facebook's co-founder joins calls to break up the companyWASHINGTON: Facebook Inc co-founder and former Mark Zuckerberg roommate Chris Hughes called for the break up of the world's largest social media ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
Facebook's co-founder joins calls to break up the companyWASHINGTON (REUTERS) - Facebook Inc co-founder and former Mark Zuckerberg roommate Chris Hughes called for the break up of the world's largest social media network in an opinion piece in the New York Times on Thursday (May 9).. Read more at straitstimes.com. That is big news, though unlikely to succeed. 🤔
Herkunft: The Straits Times - 🏆 8. / 63 Weiterlesen »
Break up Facebook, says company's co-founderNEW YORK: One of the co-founders of Facebook called on Thursday (May 9) for the social media behemoth to be broken up, warning that the company's ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
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 ... ResignMarkZuckerberg
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »