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I don't know why I do this to myself, but I read through Meta's disclosure
Every single lobbyist I looked at worked in DC before becoming a lobbyist. I knew it happened a lot, but it's really depressing to see
Also, why do these disclosures not require companies to specify how the money was spent? There are only ~20 different lobbyists mentioned, and Meta spent 7.6M in a single quarter
Yes, companies hiring people in politics or with government connections is a very normal thing
$7.6 million, pocket change to these chumps. Up the ante!
Good, finally putting that money to good use.
Stifling competition, great use indeed. Make today's billionaires trillionaires.
TikTok are not competition, they don't even care about profit or they would have sold 80% of ownership and would continue operating legally.
They're a weapon
The same can be said for Meta and X. They even stopped moderating them. So why shall we ban TikTok and allow Meta and X to continue working? I am up for greater scrutiny of social media, but one that's applied equally across all platforms.
When Meta sold data to Russia via Cambridge Analytica they recieved the largest FTC fine in history, and that was long before the law was even conceived.
If the platforms did it today then they should face the full consequences the same as TikTok.
And where is the proof that something similar has happened? Didn't TikTok comply with every request of the US government?
And what about the lack of fact checking on Meta and X. Isn't this a concern for you that they will spread misinformation even faster now? Where are their fines?