Facebook's strategy designed to take on TikTok leaked

Facebook's strategy designed to take on TikTok leaked

After some comments by Mark Zuckerberg at an internal Facebook meeting in July leaked out Tuesday in which the CEO spoke candidly about his concerns for a possible Elizabeth Warren presidency, Warren responded pointedly on Twitter - and it didn't end there.

On Tuesday, The Verge printed textual content and leaked audio it says was from a latest inside conferences on the Menlo Park, Calif-based tech behemoth, the place Zuckerberg fielded questions amid a barrage of antitrust probes and requires the corporate to separate itself up.

"I am deeply concerned right now that the space around companies like Amazon, Facebook, Google is now referred by venture capitalists as the kill zone", Warren said in a recent interview.

"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", he can be heard telling employees. "Does that still suck for us?" Yeah. I mean, I don't want to have to, you know, have a major lawsuit against our own government.

"What would actually "suck" is that if we don't fix a corrupt system that lets big firms like Fb interact in unlawful anti-competitive practices, stomp on shopper privateness rights, and repeatedly fumble their duty to guard our democracy".

The Massachusetts senator, along with her chief liberal rival, Bernie Sanders, is testing how far Democratic voters are willing to go in taking on some of the nation's wealthiest citizens and most powerful companies.

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That may have calmed fears throughout Facebook headquarters, but it didn't sit well with Warren. Warren's approach differs from other Democratic candidates who are happy to still take large sums of Silicon Valley money, though they are being forced to take policy stances on tech issues because of the MA senator's precedent-setting.

She said that Zuckerberg has himself said that Facebook is "more like a government than a traditional company". And, you understand, it doesn't make election interference much less possible. "It makes it extra possible as a result of now the businesses can't coordinate and work collectively".

Her plan calls for legislation that would prohibit platforms like Amazon from both offering a marketplace for commerce and participating in that marketplace; appointing regulators to undo some tech mergers; and rolling back some acquisitions by tech giants, such as Facebook's deals for WhatsApp and Instagram. Facebook isn't the only company she has spoken out against.

"Imagine Facebook and Instagram trying to outdo each other to protect your privacy and keep misinformation out of your feed, instead of working together to sell your data, inundate you with misinformation, and undermine our election security", she said.

Warren responded to Zuckerberg with a tweet where she urged fixing the corrupt system that allows Facebook and Big Tech to thrive at the expense of their users. "I'm sick of freeloading billionaires".

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