Facebook says it shouldn’t be broken up because it is very successful

In response to a stunning op-ed from Facebook co-founder Chris Hughes published in The New York Times this morning, the company says it welcomes more accountability for its actions from lawmakers in Washington, but it says breaking up Facebook by decoupling Instagram and WhatsApp from its core service would be a step too far.

“Facebook accepts that with success comes accountability. But you don’t enforce accountability by calling for the breakup of a successful American company,” Nick Clegg, Facebook’s vice resident of global affairs and communication, said in a statement given to CNN. “Accountability of tech companies can only be achieved through the painstaking introduction of new rules for the internet. That is exactly what [CEO]…

Continue reading…

Go to Source
Author: Nick Statt