Leaked audio reveals Facebook’s plan to compete with TikTok and sue government
Facebook CEO has threatened to file a lawsuit against the government if Elizabeth Warren tries to break up Facebook, this was the answer for one of the questions for Mark Zuckerberg by an employee at the internal meetings held in July.
Two meetings were held where employees asked some really tough questions from the company founder Mark Zuckerberg and the audio transcripts of the meetings have been leaked by The Verge.
In these audio clips, Mark Zuckerberg can be heard answering various questions on recent Facebook data security crisis, and Elizabeth Warren’s remarks on breaking up the company.
When an employee asked about the recent FCC fine, the rise of Sen. Elizabeth Warren and the potential breakup of Facebook, Zuckerberg replied:
So there might be a political movement where people are angry at the tech companies or are worried about concentration or worried about different issues and worried that they’re not being handled well,” he added. “That doesn’t mean that even if there’s anger and that you have someone like Elizabeth Warren who thinks that the right answer is to break up the companies. … I mean, if she gets elected president, then I would bet that we will have a legal challenge, and I would bet that we will win the legal challenge. And does that still suck for us? Yeah. I mean, I don’t want to have a major lawsuit against our own government
In response Warren tweeted:
What would really “suck” is if we don’t fix a corrupt system that lets giant companies like Facebook engage in illegal anticompetitive practices, stomp on consumer privacy rights, and repeatedly fumble their responsibility to protect our democracy. https://t.co/rI0v55KKAi
Well besides this Mark Zuckerberg also unveiled the plans for a TikTok competitor. Zuckerberg revealed that the company is working on a similar standalone project named ‘Lasso’. They are planning to launch this product in countries where TikTok is not popular like Mexico and then can expand in countries where TikTok is dominant.
Mark Zuckerberg also rallied how the break up of companies would make it difficult to fight hate speech and other issues and why it is difficult for Twitter to do so.
He also said that he won’t go to every hearing around the world, and what his employees should tell their friends about the company.
For more transcripts and detailed coverage visit The Verge.