Facebook's Sandberg Echoes Zuckerberg's Call for Regulation
June 20 2019 - 4:29AM
Dow Jones News
By WSJ City
Facebook's Chief Operating Officer Sheryl Sandberg said that the
company failed to anticipate foreign interference aimed at
disrupting the 2016 US presidential election. She spoke onstage
during a question-and-answer session at the Cannes Lions
International Festival of Creativity.
KEY FACTS
--- She said Facebook is calling for some regulation of the
company.
--- This echoed an op-ed by Mark Zuckerberg published earlier
this year.
--- On antitrust action, she said Facebook users already have a
variety of alternatives for social networking.
--- She also said Facebook wasn't ready to combat the spread of
misinformation before the 2016 election...
--- ...But it has now created a verification programme with
third-party fact-checkers.
--- And it has ramped up engagement with governments to prevent
election interference.
"We are very much trying to usher in the next era. We are very
much working with governments to write the right rules."
Facebook COO Sheryl Sandberg
Why This Matters
Sandberg's appearance comes amid increasing scrutiny of big tech
companies by government regulators. Facebook is being scrutinised
by investigators at the US FTC and the Justice Department is
preparing an antitrust investigation of Google.
A fuller story is available on WSJ.com
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(END) Dow Jones Newswires
June 20, 2019 04:14 ET (08:14 GMT)
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