![]() ![]() James said the states are, quote, “concerned that Facebook may have put consumer data at risk, reduced the quality of consumers’ choices, and increased the price of advertising.”įacebook is also facing criticism from several Democratic presidential candidates for refusing to ban political ads containing false information. On Tuesday, New York Attorney General Letitia James announced that her probe of Facebook for violating antitrust regulations is now backed by attorneys general from 46 other U.S. Today’s hearing comes as Facebook faces intense scrutiny on a number of grounds. I know some people wonder whether we can be trusted to build payment services that protect consumers,” he’s apparently going to say. ![]() According to his prepared remarks, Zuckerberg will say, quote, “I believe this is something that needs to get built, but I understand we’re not the ideal messenger right now. Zuckerberg will reportedly tell legislators he supports delaying the launch of Libra until U.S. The focus of today’s House hearing is on Facebook’s plan to launch a cryptocurrency called Libra that could reshape the world’s financial system. AMY GOODMAN: Facebook CEO Mark Zuckerberg is testifying today on Capitol Hill as his company’s actions face escalating criticism. ![]()
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