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Senators threaten to regulate Facebook unless it makes fixes
Senators Chris Coons and Bob Corker warned Friday that Congress would impose new regulations to rein in Facebook Inc. unless the social-media company addresses concerns about privacy and the spread of misinformation on its platform.
Speaking in a joint interview on the sidelines of a development forum in Wilmington, Delaware, the two senators said that Facebook probably wouldn’t like what Congress does, so it should come up with a solution first. [Bloomberg]
Senators Chris Coons and Bob Corker warned Friday that Congress would impose new regulations to rein in Facebook Inc. unless the social-media company addresses concerns about privacy and the spread of misinformation on its platform.
Speaking in a joint interview on the sidelines of a development forum in Wilmington, Delaware, the two senators said that Facebook probably wouldn’t like what Congress does, so it should come up with a solution first. [Bloomberg]