With those companies once again serving as competitors to Facebook, there might be a chance that competition could return to the social media industry, where a major new company hasn’t appeared on the scene since 2011.
He suggests the government work with Facebook to split WhatsApp and Instagram into their own companies.
US Senator Richard Blumenthal, a Democrat, told CNBC he thinks Facebook should be broken up and that the Justice Department’s antitrust division needs to begin an investigation. "But I’m angry that his focus on growth led him to sacrifice security and civility for clicks", Hughes said. Elizabeth Warren, who […]
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