Facebook’s chief executive and investors may be at odds when it comes to the company’s cash pile. A dividend would create a tax hit for Mark Zuckerberg, but buying shares would consolidate power. GinaChon
U.S. lawmakers said on Jan. 8 that Facebook had taken inadequate steps to combat misinformation on the social network in the lead up to the 2020 elections. They made their comments during a U.S. House Energy and Commerce Committee hearing.
Monika Bickert, the company’s vice president of global policy management, testified at the event, which took place a day before Facebook announced it would remove so-called “deepfake” videos. But that policy didn’t apply to content that was considered to be a parody or satire.
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