Facebook breakup could boost China rivals–Sandberg

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Facebook chief operating officer Sheryl Sandberg has said a breakup of big US technology would not address “underlying issues” facing the sector and suggested that such a move could help rivals in China. | afp

Democratic presidential candidate Elizabeth Warren has also called for a breakup that could require Facebook to spin off its Instagram and WhatsApp units.

Sandberg maintained that Facebook’s teams are working hard on safety and security issues, echoing comments since the company came under fire over a series of missteps including leaking of data in 2016 to a consultancy working for Donald Trump. “We know at Facebook we have a real possibility to do better and earn back people’s trust,” she said.

Facebook chief executive Mark Zuckerberg said this week he was optimistic about progress toward a new regulatory framework that would apply to internet platforms.“Overall I think in order for people to trust the internet… there needs to be the right regulation put in place,” Zuckerberg said after meetings with French President Emmanuel Macron to discuss a report called “Creating a French Response to Make Social Media Responsible.

 

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