![]() ![]() It's a sharp reversal of fortune for Facebook from the days of the Obama administration, when the company was hailed as an exemplar of innovation and an engine of economic growth. Zuckerberg's quick riposte, during Facebook's quarterly conference call on earnings, was to reaffirm the company's commitment to the value of free speech, including for politicians. "This is a good first step," Cicilline tweeted. On Thursday, Twitter made the unexpected announcement that it will ban all political advertising from its service. The measure likely would also apply to social media rivals Twitter and Google. David Cicilline, a senior House Democrat who leads the Judiciary Committee's investigation into the market dominance of big tech companies, is working on legislation that may target the profits made by Facebook from political ads it knows are false. ![]() Read Also: No ban: Facebook says yes to political advertisement Thurber called Zuckerberg's backstage celebrity approach to lobbying efforts "very dangerous." ''You've got to be very careful about that, if you think you can do it yourself," he said. "He clearly has taken a stand that's really quite unpopular." Facebook says splitting up large tech corporations would make the election system more vulnerable to interference because the companies wouldn't be able to work together to prevent it.įor Zuckerberg and the Democrats, "it may be a nasty divorce," said James Thurber, a professor of government at American University who founded its Center for Congressional and Presidential Studies. ![]() Maxine Waters, the California Democrat who leads the committee, told Zuckerberg, "You have opened up a discussion about whether Facebook should be broken up."Ī mandated breakup would be the worst-case scenario for Facebook and the other big tech companies. He's one of the world's richest individuals, with a net worth currently estimated at $71 billion. "I'm doing OK," replied the 35-year-old co-founder, chairman and CEO. It had previously allowed such ads to be targeted to people based on age, sex or race, which is illegal.Īt some points, friendlier Republican members of the House Financial Services Committee asked Zuckerberg how he was holding up through the six-hour hearing. She told Zuckerberg that he had "ruined the lives of many people, discriminated against them."Īs part of a legal settlement with civil rights groups, Facebook changed its ad-targeting systems this year to prevent discrimination in housing, credit and employment ads. Joyce Beatty of Ohio, the vice chair of the Congressional Black Caucus, focused on Facebook's track record on civil rights and diversity. "It is important that people can see for themselves what politicians are saying." Facebook says political advertising accounts for less than half of 1% of its total revenue. "This really is not about money," Zuckerberg insisted. The next week, during prickly questioning by Democratic lawmakers at a televised House hearing, Zuckerberg dug in on not fact-checking politicians' speech and the handling of hate speech and potential incitements to violence. Then came Zuckerberg's speech last month at Georgetown University in which he promoted free expression as the foundation for Facebook's refusal to take down content it deems newsworthy, even if the material violates company standards. Warren, who has called for breaking up Facebook and other tech giants, acknowledged the ad's deliberate falsity to make her point. Elizabeth Warren, another top Democratic contender, chose to hit back by running her own ad and making it personal by falsely claiming that Zuckerberg had endorsed Trump for 2020. Facebook, as well as Twitter and Google, refused in September to remove a misleading video ad from Trump's reelection campaign that targeted top-tier Democratic candidate Joe Biden. The political ad issue hits close to home for Democrats. Read Also: Facebook launches a news section, to pay publishers ![]()
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