Zuckerberg rejects call to break up Facebook

Chris Hughes and Mark Zuckerberg in 2005

Clegg agrees with Hughes that Facebook needs more regulation and needs to do a better job - if he thought otherwise, he'd be insane. "But I'm angry that his focus on growth led him to sacrifice security and civility for clicks", Hughes said.

In an interview with French broadcaster France 2, Zuckerberg dismissed the claim made by Chris Hughes that it is time to break up Facebook.

What that means is that the chatting app will no longer operate on all mobile phones running on Windows operating system.

Hmm. Too big and important to fail, you say. The statement itself seemed like an obvious dodge, as it didn't address the crux of Hughes' argument: that one man-Mark Zuckerberg-has an inordinate amount of power over the most influential platform to ever exist.

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"Today's big tech companies have too much power - over our economy, our society, & our democracy".

Mark's influence is staggering, far beyond that of anyone else in the private sector or in government.

Zuckerberg "has created a leviathan that crowds out entrepreneurship and restricts consumer choice", wrote Hughes, who is now a member of the Economic Security Project, which is pushing for a universal basic income in the United States. This has only been permitted by the market, Hughes believes, because of Facebook's brutal tactics to quash, purchase or copy competitors. We already have the tools we need to check the domination of Facebook.

Facebook operates the world's largest online social network with more than 2bn users, and also owns popular photo-sharing app Instagram and messaging services WhatsApp and Messenger.

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In a separate opinion piece in the NYT on Sunday, Nick Clegg, who is the Vice President for global affairs and communications in Facebook, said that success should not be penalised. After Mark's congressional testimony previous year, there should have been calls for him to truly reckon with his mistakes. By marveling at it, the government overlooked its responsibility of protecting Americans and competition in markets.

"The way forward is to heavily scrutinize future mergers and to ensure no company has anti-competitive platform privileges", Khanna said. The social media giant could end up paying $3 million to $5 million in fine.

On Monday, Republican and Democratic US senators criticized reported plans for the settlement, calling on the FTC to impose harsher penalties and more restrictions on Facebook's business practices. In the US, Federal Trade Commission (FTC) is now investigating Facebook's handling of user data and potential privacy violations.

The back-and-forth opinion pieces come as Facebook is being called out by critics for not doing enough to combat election meddling, misinformation and hate speech.

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