A former spy boss said Facebook could threaten democracy if it isn't 'controlled' [DailyFinance (AOL.com)]
Meta Platforms, Inc. - Class A (FB)
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Source: DailyFinance
The former head of Britain's domestic intelligence agency GCHQ has said Facebook poses a threat to democracy unless it is controlled and regulated. In an interview with the BBC's Today programme, Robert Hannigan said Facebook's primary goal was to squeeze every drop of profit from its users' data. He said: This isn't a kind of fluffy charity providing free services. It's is a very hard-headed international business and these big tech companies are essentially the world's biggest global advertisers, that's where they make their billions. Read more : Internal emails show Mark Zuckerberg saying what's good for the world is not necessarily what's good for Facebook So in return for the service that you find useful they take your data... and squeeze every drop of profit out of it. He added that Facebook was potentially a threat to democracy if it isn't controlled and regulated. But these big companies, particularly where there are monopolies, can't frankly reform themselv
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