Facebook Head Zuckerberg Rejects any Idea of Breaking Facebook

Facebook co-founder says it's time to break up the company

39;Don't make me let go of this!'

Hughes says this lack of checks on the head of a company that's now worth about half a trillion dollars was evident in the aftermath of 2018 - what he calls Facebook's "annus horribilis", when Russian meddling in USA discourse via social media came into focus and the Cambridge Analytica data debacle hatched.

Hughes said he feels responsibility for Facebook because he was part of the company's early days.

"Mark is a good, kind person".

At a New York Times opinion piece published Hughes stated Facebook has turned to an monopoly.

Hughes, who quit Facebook more than a decade ago, was pictured in the newspaper together with Zuckerberg when both were fresh-faced students launching Facebook as a campus networking tool.

What that means is that the chatting app will no longer operate on all mobile phones running on Windows operating system.

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Sean Parker, the first president of Facebook, said he's a "conscientious objector" to Facebook too.

Hughes says that this lack of controls at the head of a company that is now worth about half a trillion dollars became clear in the aftermath of 2018 - what he calls Facebook & # 39; s "annus horribilis", when Russian involvement with the American social media discourse came into view and the Cambridge Analytica data debacle came out.

The practice, though, has drawn criticism after some of these low-earning contractors reported mental health crises as a result of absorbing too much disturbing content.

The letter also requests for further info about what financial information Facebook would get from their users related to the Project Libra, as well as how they plan to protect the sensitive information.

Later, Clegg responded to Hughes' point that courts and antitrust authorities in the US have been increasingly hesitant to intervene in cases where large companies do not price gouge - ignoring "the full cost of market domination", like suppression of competition and innovation.

The central theme of the article is to ask the government to hold Mark accountable instead of marveling at the explosive growth of Facebook.

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Facebook operates the world's largest online social network with more than 2bn users, and also owns popular photo-sharing app Instagram and messaging services WhatsApp and Messenger.

US Senator Richard Blumenthal, a Democrat, told CNBC he thinks Facebook should be broken up and that the Justice Department's antitrust division needs to begin an investigation.

"Chopping a great American success story into bits" won't stop foreign election interference or "poison" spreading online, Nick Clegg, Facebook's vice president for global affairs and communications, told CNN Business' Brian Stelter Sunday in his first USA television interview since he joined the company a year ago. After Mark's congressional testimony past year, there should have been calls for him to truly reckon with his mistakes. In the end people did not leave the company's platforms en masse.

Facebook 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. Facebook's board works more like an advisory committee than an overseer, because Mark controls around 60 percent of voting shares.

Later on Thursday, Facebook responded to the call from Hughes.

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