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Mark Zuckerberg Not Going to Sell WhatsApp or Instagram

Facebook CEO Mark Zuckerberg has rejected a US lawmaker's call to break his company, saying he's not going to sell WhatsApp or Instagram

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Mark Zukerberg, Facebook, Instagram, Sell, Business
Zuckerberg, however, rejected these calls, saying the size of the social media giant was actually a benefit to its users and the security of the democratic process. VOA

Facebook CEO Mark Zuckerberg has rejected a US lawmaker’s call to break his company, saying he’s not going to sell WhatsApp or Instagram at any cost.

Senator Josh Hawley (Missouri Republican) tweeted that he met Zuckerberg during his visit to Washington, DC on Thursday, and asked him to sell Instagram and WhatsApp.

“Just finished meeting with @facebook CEO Mark Zuckerberg. Had a frank conversation. Challenged him to do two things to show FB is serious about bias, privacy & competition. 1) Sell WhatsApp & Instagram 2) Submit to independent, third-party audit on censorship. He said no to both,” tweeted Hawley, one of Facebook’s biggest critics.

Zuckerberg also met President Donald Trump in the Oval Office.

“Nice meeting with Mark Zuckerberg of @Facebook in the Oval Office today,” tweeted Trump.

This is Facebook CEO’s first public trip to Washington since he testified before House and Senate committees in April last year over Cambridge Analytica data scandal affecting 87 million users globally.

According to media reports, Zuckerberg met several lawmakers this time and discussions included allegations that Facebook curtails conservative speech.

Mark Zukerberg, Facebook, Instagram, Sell, Business
Mark Zuckerberg has rejected a US lawmaker’s call to break his company, saying he’s not going to sell WhatsApp or Instagram at any cost. Pixabay

As the chorus grows to break up Facebook, the social networking platform’s Chief Operating Officer Sheryl Sandberg recently said that it won’t serve any purpose.

“You could break us up, you could break other tech companies up, but you actually don’t address the underlying issues people are concerned about,” she had said earlier.

Several US senators have called for breaking up the social network amid repeated data breaches and privacy violations on the platform.

ALSO READ: Scientists Reform Face Of Another Human Ancestor

Democratic presidential candidate, Senator Kamala Harris, has stressed that authorities should take a serious look at breaking up Facebook as the social network platform is a “utility that has gone unregulated”.

Another Democratic 2020 candidate, Senator Elizabeth Warren, has also stressed upon the possibility of breaking up Facebook.

Zuckerberg, however, rejected these calls, saying the size of the social media giant was actually a benefit to its users and the security of the democratic process. (IANS)

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Facebook Loses its Place Among the World’s 10 Most Valuable Brands

Only 28 per cent of Facebook users believed the company is committed to privacy, down from a high of 79 per cent

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Corporate, America, Climate Change
FILE - In this April 30, 2019, file photo, Facebook stickers are laid out on a table at F8, Facebook's developer conference in San Jose, Calif. The Boston-based renewable energy developer Longroad Energy announced in May that Facebook is building a… VOA

Hit by privacy scandals and year-round investigations, Facebook has lost its place among the world’s 10 most valuable brands in global brand consultancy Interbrand’s annual ranking of best top 100 brands.

Facebook fell to the 14th spot. Two years back, the social networking giant was at the eighth spot in the list, billed as a “rapidly appreciating” brand.

Apple led the top 100 best brands’ list, followed by Google and Amazon. Microsoft was the fourth, Coca Cola fifth and Samsung came sixth on the list.

The seventh spot was grabbed by Toyota, Mercedes was the eighth, McDonald’s ninth and Disney was at the 10th spot.

Pitching for breaking up Facebook, US-based software giant Salesforce CEO Marc Benioff has called the social networking platform “new cigarettes” which are making kids addictive. Benioff said that the company must be held accountable now.

Several US lawmakers like Senators Kamala Harris and Elizabeth Warren have also been pitching to break up Facebook.

Fake, News, WhatsApp, Facebook, India
The Facebook mobile app on an Android smartphone. Wikimedia Commons

Nearly 40 state attorneys general in the US have decided to join probe against Facebook’s anti-competitive business practices.

Facebook this year agreed to pay $5 billion as a settlement to the US Federal Trade Commission (FTC) over privacy violations.

According to a survey by independent research firm Ponemon Institute in 2018, users’ confidence in Facebook plunged by 66 per cent after Cambridge Analytica data scandal involving 87 million users.

Also Read: Apple Users can Now Report Accidents, Traffic on Google Maps

Only 28 per cent of Facebook users believed the company is committed to privacy, down from a high of 79 per cent.

“We found that people care deeply about their privacy and when there is a mega data breach, as in the case of Facebook, people will express their concern. And some people will actually vote with their feet and leave,” Ponemon said in a statement. (IANS)