Facebook's co-founder joins calls to break up the company

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

WASHINGTON (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.

WASHINGTON - 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 .

Facebook's social network has more than 2 billion users across the world. It also owns WhatsApp, Messenger and Instagram, each used by more than 1 billion people. Facebook bought Instagram in 2012 and WhatsApp in 2014. US President Donald Trump has called for the creation of"more, and fairer" social media companies in response to discrimination he alleges he has faced as a Republican from Twitter Inc.

Representative Ro Khanna, a California Democrat, said in a statement that he agreed that in retrospect that US regulators"should not have approved Facebook's acquisition of Instagram & WhatsApp in 2012." The company has been in advanced talks with the US Federal Trade Commission to settle a year-old investigation and said last month it expected to spend between $3 billion and $5 billion on a penalty.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That is big news, though unlikely to succeed. 🤔

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

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
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Founder, execs of drug company guilty in conspiracy that fed opioid crisisJurors on Thursday said they had reached a verdict in the trial of the founder of Insys Therapeutics Inc and four colleagues accused of bribing ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Drug company founder, execs convicted of bribe scheme that fueled US opioid epidemicJurors on Thursday said they had reached a verdict in the trial of the founder of Insys Therapeutics Inc and four colleagues accused of bribing ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Drug company founder, executives convicted of bribe scheme that fueled US opioid crisisJurors on Thursday said they had reached a verdict in the trial of the founder of Insys Therapeutics Inc and four colleagues accused of bribing ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »