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01-26-2018, 09:22 AM
Another powerful billionaire slams Facebook for being too addictive
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Another billionaire has some harsh words for Facebook (https://mashable.com/category/facebook/).
Speaking at a dinner at the World Economic Forum in Davos on Thursday, George Soros delivered a scathing speech in which he said Facebook and Google were a "menace" to society and called for increased government regulation of both companies.
SEE ALSO: One of Silicon Valley's most powerful CEOs compares Facebook to cigarettes (http://mashable.com/2018/01/23/facebook-is-like-cigarettes-marc-benioff/?utm_campaign&utm_cid=a-seealso&utm_context=textlink&utm_medium=rss&utm_source)
"The internet monopolies have neither the will nor the inclination to protect society against the consequences of their actions. That turns them into a menace and it falls to the regulatory authorities to protect society against them," Soros said, according to a transcript published on his website (https://www.georgesoros.com/2018/01/25/remarks-delivered-at-the-world-economic-forum/).* Read more... (https://mashable.com/2018/01/25/george-soros-davos-facebook-google-criticism/)
More about Tech (https://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Facebook (https://mashable.com/category/facebook/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Google (https://mashable.com/category/google/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Social Media (https://mashable.com/social-media/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Social Media Companies (https://mashable.com/category/social-media-companies/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)https://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1516931574 (https://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1516931574)
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Another billionaire has some harsh words for Facebook (https://mashable.com/category/facebook/).
Speaking at a dinner at the World Economic Forum in Davos on Thursday, George Soros delivered a scathing speech in which he said Facebook and Google were a "menace" to society and called for increased government regulation of both companies.
SEE ALSO: One of Silicon Valley's most powerful CEOs compares Facebook to cigarettes (http://mashable.com/2018/01/23/facebook-is-like-cigarettes-marc-benioff/?utm_campaign&utm_cid=a-seealso&utm_context=textlink&utm_medium=rss&utm_source)
"The internet monopolies have neither the will nor the inclination to protect society against the consequences of their actions. That turns them into a menace and it falls to the regulatory authorities to protect society against them," Soros said, according to a transcript published on his website (https://www.georgesoros.com/2018/01/25/remarks-delivered-at-the-world-economic-forum/).* Read more... (https://mashable.com/2018/01/25/george-soros-davos-facebook-google-criticism/)
More about Tech (https://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Facebook (https://mashable.com/category/facebook/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Google (https://mashable.com/category/google/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Social Media (https://mashable.com/social-media/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Social Media Companies (https://mashable.com/category/social-media-companies/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)https://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1516931574 (https://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1516931574)
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