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Stock impact report

Facebook Readies For A Fight? Replaces US Policy Head With Former Republican FCC Chair [zero hedge]

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: zero hedge
It would appear Facebook is preparing for battle as it dramatically strengthens its presence in Washington - replacing its top US Policy team member with a former Republican Federal Communications Commission (FCC) chairman.Amid growing political backlash - and increasingly worrisome levels of private data gathering - The New York Times reports that Ms. Erin Egan will be replaced  as head of policy in the United States by Kevin Martin on an interim basis, the company said.Mr. Martin has been Facebook’s vice president of mobile and global access policy and is a former Republican chairman of the Federal Communications Commission.Andy Stone, a Facebook spokesman, said the changes would allow Ms. Egan to retain her title as chief privacy officer and focus on privacy policies across the globe.Perhaps most intriguingly (politically savvy - even as many predict Democrats could take one or both chambers of Congress) for the uber-liberal Zuckerberg, NYT notes that the changes put two Republican Show less Read more
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