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

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WASHINGTON: Facebook Inc co-founder and former Mark Zuckerberg roommate Chris Hughes called for the break up of the world's largest social media ...

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.

Senator Elizabeth Warren, a Democratic presidential candidate, in March vowed https://www.cnbc.com/2019/03/08/reuters-america-update-4-wall-st-critic-warren-vows-to-break-up-amazon-facebook-google.html to break up Facebook, Amazon.com Inc and Alphabet Inc's Google if elected U.S. president to promote competition in the tech sector.

"It's been 15 years since I co-founded Facebook at Harvard, and I haven't worked at the company in a decade. But I feel a sense of anger and responsibility," said Hughes, who later was an online strategist for Barack Obama during the 2008 presidential campaign. On Monday, Republican and Democratic U.S. senators criticized reported plans for the settlement, calling on the FTC to impose harsher penalties and more restrictions on Facebook's business practices.

 

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