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Stock impact report

How Politicians Took Down Facebook [Forbes]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: Forbes
Extremism is on the rise globally. Instead of attacking the root cause, politicians are increasingly scapegoating big technology companies. Jean-Claude Juncker, president of the European Commission,  warned  in September that Google, Facebook and Twitter would be given one hour to remove extremist content, or else face fines of up 4% of revenues. Samidh Chakrabarti, Director of Elections and Civic Engagement, from left, stands with Katie Harbath, Global Politics and Government Outreach Director and Nathaniel Gleicher, Head of Cybersecurity Policy, during a demonstration in the war room, where Facebook monitors election related content on the platform, in Menlo Park, Calif., Wednesday, Oct. 17, 2018. (AP Photo/Jeff Chiu) The proposal is preposterous on its face. To appear tough on extremism, politicians are prepared to tear down big tech. It a warning sign for investors. This could get ugly. Google and Facebook are wonderful digital businesses. They a Show less Read more
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