Securities and Exchange Commission, allege Facebook prioritized profits over safety and hid its own research from investors and the public.
The documents, which Haugen provided to the U.S. Haugen cited internal research documents she secretly copied before leaving her job in Facebook’s civic integrity unit. It was Haugen’s second appearance before lawmakers after she testified in the U.S. about the danger she says the company poses, from harming children to inciting political violence and fueling misinformation. Pressed on whether she believes Facebook is fundamentally evil, Haugen demurred and said, “I can’t see into the hearts of men.” Facebook is not evil, but negligent, she suggested. Haugen, meanwhile, told a British parliamentary committee Monday that the social media giant stokes online hate and extremism, fails to protect children from harmful content and lacks any incentive to fix the problems, providing momentum for efforts by European governments working on stricter regulation of tech companies. “It makes a good soundbite to say that we don’t solve these impossible tradeoffs because we’re just focused on making money, but the reality is these questions are not primarily about our business, but about balancing difficult social values,” Zuckerberg said. Senate subcommittee, he insisted that he welcomes “good faith criticism” but considers the current storm a “coordinated effort” to paint a “false picture” of the company based on leaked documents. But she predicted more revelations and described the findings so far as “unsettling and stomach-churning.”ĬEO Mark Zuckerberg made only a brief mention of what he called the “recent debate around our company.” Largely repeating statements he made after Haugen’s Oct.
“For now, the revenue picture for Facebook looks as good as can be expected,” said eMarketer analyst Debra Aho Williamson.
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