Facebook Turns to U.K. Politician to Help Repair Its Image
October 19 2018 - 9:36AM
Dow Jones News
By Stu Woo
LONDON-- Facebook Inc. has hired one of Britain's best-known
politicians as its top policy and communications executive, giving
a Silicon Valley outsider the task of mending the social network's
image as it deals with increased political scrutiny in the U.S. and
abroad.
Facebook said Friday that Nick Clegg, who as deputy prime
minister was Britain's No. 2 leader from 2010 to 2015, would
replace Elliot Schrage, who said in June that he was stepping
down.
Mr. Clegg's recruitment comes after trust in Facebook was eroded
following several mistakes in 2018. Outrage grew this spring over
allegations that data firm Cambridge Analytica improperly accessed
information on tens of millions of Facebook users and that
Russian-backed propagandists had exploited the social network.
More recently, hackers, believed to be spammers, gained access
to the private information of 30 million Facebook users.
Meanwhile, several public funds holding Facebook stock are
backing a proposal to push out Chief Executive Mark Zuckerberg as
the board's chairman.
Write to Stu Woo at Stu.Woo@wsj.com
(END) Dow Jones Newswires
October 19, 2018 09:21 ET (13:21 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Meta Platforms (NASDAQ:META)
Historical Stock Chart
From Mar 2024 to Apr 2024
Meta Platforms (NASDAQ:META)
Historical Stock Chart
From Apr 2023 to Apr 2024