Facebook co-founder calls for the company to be broken up and says Zuckerberg has 'unilateral control over speech'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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 last week.

Facebook's plans to integrate the platforms means that "time is of the essence," Hughes wrote, saying that if the plans are completed, it would be more difficult for the"I don't think these proposals were made in bad faith," Hughes said. "But I do think they're an attempt to head off the argument that regulators need to go further and break up the company. Facebook isn't afraid of a few more rules.

Democratic Sen. Richard Blumenthal echoed Hughes' call for Facebook to be broken up in an interview on CNBC's ""The acquisitions of Instagram and WhatApp need to be unwound and there needs to be Department of Justice scrutiny about appropriate antitrust remedies," said the senator from Connecticut who sits on the judiciary committee. "And let's remember, being big is not illegal.

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.

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:

 /  🏆 12. in NG
 

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

What a whiny little boy. Probably was always picked last(not picked) to play on the team

just watched the interview with the fireworks guy....BOOHOO....suck it up buttercup. we can live without china's dangerous fireworks. get over yourself....

Facebook criteria in choosing fact checkers is highly questionable. The fact checkers are actually there to censor.👎👎👎

This will save Facebook from collapsing on its own. Everyone will blame everyone else. Things will be much the same. In the end the strongest unit will end up being an acquirer.

Damn, Chris needs some Doge Token, and possibly a hug. $DOGET bitcoin $doge

how many shares is the CO-founder currently holding ?

Nobody likes him nor his husband. He failed at a political run and him and his husband were votes the worst gay power couple.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Facebook co-founder calls on the government to break up the companyA Facebook co-founder in a New York Times editorial today declared the social networking giant has become a monopoly with too much unchecked power and said the federal government needs to break up the company He hasn’t been in the building in over ten years fam!! Any legal manipulations will not save the FED/ Israeli mafia from the Tribunal, for the continued to this minute, CRIME AGAINST HUMANITY, SPACE SCALE - enslavement of the planet, through financial and informational monopoly and psycho-narcotic dehumanization of GOOGLEBOOK. Facebook went to hell in a handbag when the old people started using it. They believe the fake news more than anyone . They are easy victims ....
Source: politico - 🏆 381. / 59 Read more »

Facebook Co-Founder Chris Hughes Says Company Should Be Broken UpIn an opinion essay in the New York Times, Chris Hughes, who helped Mark Zuckerberg create the company that eventually became Facebook, calls for the social-media giant to be broken up. let's go back to playing farmville and passing tchotchkes Until you fools in Congress you Republicans who's following Donald Trump foreign policy he's going to run this country in the ground just like he did every business he ever got his hands on don't believe me check the records they speak plainly Donald Trump is the worst Zuckerberg is a thief.
Source: WSJ - 🏆 98. / 63 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 the New York Times. Mark's power is unprecedented and un-American,' Hughes wrote on Thursday. Facebook owns the largest social network with more
Source: YahooNews - 🏆 380. / 59 Read more »