Sources: Mark Zuckerberg plans to tell Congress that Facebook's rise is an American success story and regulation only serves to help Chinese companies
or even favoring the latter — is not going to age well. And this isn't a defense of Facebook. April Glaser / @aprilaser : remembering Facebook's previous posture towards China and that if FB was actually concerned about China's illiberal business requirements, Zuckerberg would probably be advocating for human rights (but that would include protecting privacy) https://slate.com/... https://twitter.com/... https://twitter.com/... Roger McNamee / @moonalice : Argument that we cannot regulate Google or FB because we need them to compete with China is nonsense. G, FB are smaller versions of China. US strengths are democracy, entrepreneurship. To compete w/ China, US should favor competition & diversity, not monopoly. https://twitter.com/... Zheping Huang / @pingroma : This is the same guy who jogged in Beijing's smog and recommended Xi Jinping's book not so long ago https://qz.com/1115960 https://twitter.com/... Sara Fischer / @sarafischer : 🚨 Scoop: Facebook boycotters lobbying lawmakers on advertising antitrust ahead of Wednesday's hearing - #StopHateforProfit demanding regulatory changes, which could include Facebook being forced to divest Instagram and WhatsApp https://www.axios.com/... Justin Hendrix / @justinhendrix : Remember, photos of his notes at past Congressional testimony showed he was ready to make these arguments in past. Basically, Mark Zuckerberg wants you to believe what's good for Facebook is good for 'Merica. Let him keep breaking laws and making money till he can perfect the AI. https://twitter.com/... Ben Thompson / @benthompson : It's one thing to be resolutely opposed to US tech companies. I think you're probably missing some of the benefits in the cost/benefit tradeoff, but that's fine. To take up arms in favor of Chinese tech giants though, I just don't get it. They are all your professed fears x1000 Josh Sternberg / @joshsternberg : When all else fails, wrap yourself in the flag, I guess. https://twitter.com/... Shira Ovide / @shiraovide : This is a pure political tactic. Putting sensible guardrails on companies that operate in the U.S. does not undermine American innovation nor does it strengthen China companies. https://www.nytimes.com/... https://twitter.com/... Justin Brookman / @justinbrookman : This is pretty standard from FB at this point: we can't have strong privacy protections, we can't regulate bias in AI, leave cryptocurrency alone — otherwise, China will kick our ass. https://twitter.com/... Frederike Kaltheuner / @f_kaltheuner : He has made this point in every single previous hearing. If he was really worried about data collection by Chinese apps, he would push for a comprehensive federal privacy law. Much of the data that TikTok collects is all data you can legally buy from data brokers in the US https://twitter.com/... Ben Thompson / @benthompson : One of the most difficult things about this job is waking up the next morning worried you got yesterday's article wrong. I don't have that problem when it comes to being resolutely opposed to the CCP. Worth thinking about for those so blasé. Jason Kint / @jason_kint : Lol. And the argument Instagram was only successful because of Facebook ownership doesn't help the antitrust case. Especially when you really understand the German Federal Cartel office decision v Facebook Inc. https://twitter.com/... @rmac18 : Sounds like a good plan for a CEO who offered Xi Jinping the right to name his kid and took photographs jogging thru Tiananmen Square https://twitter.com/...Doomscrolling Eternal / @hypervisible : ICYMI. “Mark Zuckerberg is prepared with what he sees as a compelling argument for lawmakers ready to grill him on antitrust issues: hindering American technological innovation only helps China.” https://www.bloomberg.com/... Frank Pasquale / @frankpasquale : An unsurprisingly disingenuous strategy. The real divide is between oligarchs (in both politics & business, in both the US & China) who increase their power via monopolization, & a general population increasingly beleaguered by predatory tech & authoritarian governance. https://twitter.com/... Mathew Ingram / @mathewi : Great point — FB even offered the Chinese government a tool that would allow them to censor any content they disapproved of on the network as part of an attempt to get access to the country https://twitter.com/... Matthew Zeitlin / @mattzeitlin : this is a strategy borrowed from the big banks, who have argued that restrictions on their size/activities will just lead to european and chinese banks taking market share https://twitter.com/... Mathew Ingram / @mathewi : So it's better to have an American company invading people's privacy for financial gain and distributing hate and disinformation than to have a Chinese one doing it. Got it https://twitter.com/... Sarah Frier / @sarahfrier : Btw, the Facebook versus China argument, which Zuckerberg also used in the Libra congressional hearing and in his Georgetown speech, comes after years of Zuckerberg wooing Chinese leaders to try to get into the country and failing. Hamza Shaban / @hshaban : Facebook's “China, bad. Facebook, good” strategy relies on the dynamic that Facebook doesn't have any real competitors in the US, even though Facebook uses apps like TikTok to say that it isn't a monopoly. https://twitter.com/... Will Oremus / @willoremus : I argued last week that any U.S. action against TikTok should come with regulation of Facebook and other American social platforms. https://onezero.medium.com/... Wonder if Zuck would still be so enthusiastic about cracking down on TikTok then... https://twitter.com/... Bloomberg Next China / @next_china : Mark Zuckerberg will make the argument to lawmakers this week that when it comes to antitrust issues, hindering American innovation only helps China https://www.bloomberg.com/... Sarah Frier / @sarahfrier : he's also likely to try and counter the idea that buying Instagram and WhatsApp was anticompetitive by talking about how their success was not inevitable (pointing out that Insta had 13 employees and no business model, for instance.)
Zuckerberg's strategy for the big tech congressional hearing: To portray Facebook as an American success story, now threatened by the rise of Chinese apps and tech around the world. (To make the point that weakening FB = strengthening China) https://www.bloomberg.com/...
Zuck's recycled “But China!” argument falls flat on its face when you realize that ByteDance is under tremendous pressure to sell off TikTok US. https://www.bloomberg.com/...
remembering Facebook's previous posture towards China and that if FB was actually concerned about China's illiberal business requirements, Zuckerberg would probably be advocating for human rights (but that would include protecting privacy) https://slate.com/... https://twitter.co…
Argument that we cannot regulate Google or FB because we need them to compete with China is nonsense. G, FB are smaller versions of China. US strengths are democracy, entrepreneurship. To compete w/ China, US should favor competition & diversity, not monopoly. https://twitter.com…
🚨 Scoop: Facebook boycotters lobbying lawmakers on advertising antitrust ahead of Wednesday's hearing - #StopHateforProfit demanding regulatory changes, which could include Facebook being forced to divest Instagram and WhatsApp https://www.axios.com/...
Remember, photos of his notes at past Congressional testimony showed he was ready to make these arguments in past. Basically, Mark Zuckerberg wants you to believe what's good for Facebook is good for 'Merica. Let him keep breaking laws and making money till he can perfect the AI.…
It's one thing to be resolutely opposed to US tech companies. I think you're probably missing some of the benefits in the cost/benefit tradeoff, but that's fine. To take up arms in favor of Chinese tech giants though, I just don't get it. They are all your professed fears x1000
This is a pure political tactic. Putting sensible guardrails on companies that operate in the U.S. does not undermine American innovation nor does it strengthen China companies. https://www.nytimes.com/... https://twitter.com/...
This is pretty standard from FB at this point: we can't have strong privacy protections, we can't regulate bias in AI, leave cryptocurrency alone — otherwise, China will kick our ass. https://twitter.com/...
He has made this point in every single previous hearing. If he was really worried about data collection by Chinese apps, he would push for a comprehensive federal privacy law. Much of the data that TikTok collects is all data you can legally buy from data brokers in the US https:…
One of the most difficult things about this job is waking up the next morning worried you got yesterday's article wrong. I don't have that problem when it comes to being resolutely opposed to the CCP. Worth thinking about for those so blasé.
Lol. And the argument Instagram was only successful because of Facebook ownership doesn't help the antitrust case. Especially when you really understand the German Federal Cartel office decision v Facebook Inc. https://twitter.com/...
Sounds like a good plan for a CEO who offered Xi Jinping the right to name his kid and took photographs jogging thru Tiananmen Square https://twitter.com/...
ICYMI. “Mark Zuckerberg is prepared with what he sees as a compelling argument for lawmakers ready to grill him on antitrust issues: hindering American technological innovation only helps China.” https://www.bloomberg.com/...
An unsurprisingly disingenuous strategy. The real divide is between oligarchs (in both politics & business, in both the US & China) who increase their power via monopolization, & a general population increasingly beleaguered by predatory tech & authoritarian governance. https://t…
Great point — FB even offered the Chinese government a tool that would allow them to censor any content they disapproved of on the network as part of an attempt to get access to the country https://twitter.com/...
this is a strategy borrowed from the big banks, who have argued that restrictions on their size/activities will just lead to european and chinese banks taking market share https://twitter.com/...
So it's better to have an American company invading people's privacy for financial gain and distributing hate and disinformation than to have a Chinese one doing it. Got it https://twitter.com/...
Btw, the Facebook versus China argument, which Zuckerberg also used in the Libra congressional hearing and in his Georgetown speech, comes after years of Zuckerberg wooing Chinese leaders to try to get into the country and failing.
Facebook's “China, bad. Facebook, good” strategy relies on the dynamic that Facebook doesn't have any real competitors in the US, even though Facebook uses apps like TikTok to say that it isn't a monopoly. https://twitter.com/...
I argued last week that any U.S. action against TikTok should come with regulation of Facebook and other American social platforms. https://onezero.medium.com/... Wonder if Zuck would still be so enthusiastic about cracking down on TikTok then... https://twitter.com/...
Mark Zuckerberg will make the argument to lawmakers this week that when it comes to antitrust issues, hindering American innovation only helps China https://www.bloomberg.com/...
he's also likely to try and counter the idea that buying Instagram and WhatsApp was anticompetitive by talking about how their success was not inevitable (pointing out that Insta had 13 employees and no business model, for instance.)