RKLB - Wall Street Breakfast: Facebook Under Fire
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Facebook under fire The pressure on Facebook (NASDAQ:FB) is not letting up following a three-hour Senate hearing last week in which lawmakers grilled the social media giant over its harmful effects on young people. Over the weekend, a Facebook whistleblower named Frances Haugen, who leaked the docs for the WSJ's "Facebook Files," accused the company of repeatedly prioritizing profit over clamping down on hate speech and misinformation. Her lawyers have already filed at least eight complaints with the SEC, according to the interview on CBS's 60 Minutes.Quote: "The thing I saw at Facebook over and over again was there were conflicts of interest between what was good for the public and what was good for Facebook," said Haugen, who worked as a product manager on the
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Wall Street Breakfast: Facebook Under Fire