Published 11:11 IST, May 10th 2019
Facebook co-founder Chris Hughes says it’s time to break up Facebook, calls Zuckerberg's power unprecedented and un-American
Facebook co-founder Chris Hughes called CEO Mark Zuckerberg’s power “unprecedented and un-American” Hughes said many things about Zuckerberg and the current state of Facebook
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Facebook co-founder Chris Hughes called CEO Mark Zuckerberg’s power “unprecedented and un-American.” In his bombshell opinion piece published in New York Times, Hughes said many things about Zuckerberg and current state of Facebook. Hughes said Zuckerberg has turned Facebook into an invation-suffocating mopoly and Zuckerberg's focus on growth “led him to sacrifice security and civility for s.”
Hughes co-founded Facebook with his Harvard roommates Mark Zuckerberg, Dustin Moskovitz, Eduardo Saverin and Andrew McCollum.
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In 2007, Hughes left Facebook in 2007 to campaign for Barack Obama. Hughes said he longer has any ownership in Facebook or any or social media company.
“I feel a sense of anger and responsibility,” he wrote, lamenting company’s “slow response to Russian nts, violent rhetoric and fake news.”
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Facebook has been under fire for its never-ending saga of privacy and security blunders and for failing to effectively prevent misinformation and hate speech by extremist groups spreing on platform.
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Responding to Hughes’ criticisms, Facebook’s chief spokesman Nick Clegg h this to say:
"You don’t enforce accountability by calling for breakup of a successful American company. Accountability of tech companies can only be achieved through painstaking introduction of new rules for internet. That is exactly what Mark Zuckerberg has called for.”
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Hughes is clearly t alone. In fact, many critics believe Facebook has acquired too much power to continue intact.
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Hughes also called for a new federal ncy to regulate tech companies whose “first mandate is to protect privacy.”
Meanwhile, Facebook faces a fine of as much as $5 billion from Federal Tre Commission (FTC) over privacy violations. But critics say amount is a slap on wrist for a company that me $55.8 billion in revenue in 2018.
Hughes says he liquidated his Facebook shares in 2012. He said he does t invest in any social media companies.
Last year, Hughes published a book called 'Fair Shot: Rethinking Inequality and How We Earn' vocating a universal basic income. In 2017, Forbes put his net worth at more than $400 million.
(With ncy inputs)
11:11 IST, May 10th 2019