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Facebook's Zuckerberg to defend company before U.S. Congress by listing competitors

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Facebook Inc's chief executive, Mark Zuckerberg, will defend the social media company before a congressional hearing on Wednesday by saying it faces intense competition, justifying its acquisitions and pointing to China's growth as an internet superpower.

FILE PHOTO: Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019. REUTERS/Erin Scott

WASHINGTON - Facebook Inc’s chief executive, Mark Zuckerberg, will defend the social media company before a congressional hearing on Wednesday by saying it faces intense competition, justifying its acquisitions and pointing to China’s growth as an internet superpower. Zuckerberg’s written testimony, made public on Tuesday, argues that the social media company became successful “the American way, by starting out with nothing and providing products that people find valuable.

“We compete against the companies appearing at this hearing, plus many others that sell advertising and connect people. We also compete globally, including against companies that have access to markets that we aren’t in,” Zuckerberg will tell a panel of lawmakers investigating how its business practices and data gathering have hurt smaller rivals.

 

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Mark’s 1 Competitor

Trump's boy.

Feels fair - Snapchat and tik Tok have the mo

Fodeu zuca

Hoping AOC is grilling him tomorrow

DeleteFacebook

Whatever he is crook

There is no defense.

डेटा चोर है ये

uck zuk and fb 2

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Matt Gaetz asks DOJ to investigate Facebook's Mark Zuckerberg - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Well hell has frozen over because I agree w Gaetz here Facebook isn't biased. The algorithms they have aligned to the company's incentives are. Lying to the government is a big deal again? Cause recent GOP posturing and presidential pardons say otherwise.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »