Thursday, September 6, 2018

Jack & Sheryl Went Up The Hill

The U.S. Department of Justice and state attorneys general will meet this month to discuss concerns that social media platforms are “intentionally stifling the free exchange of ideas,” the department said on Wednesday.

Its statement did not name Facebook Inc and Twitter Inc., whose executives testified in Congress on Wednesday, but the firms have been harshly criticized by President Donald Trump and some of his fellow Republicans for what they see as an effort to repress conservative voices.

The companies deny any such bias, according to Reuters.

U.S. Attorney General Jeff Sessions convened the meeting, set for Sept. 25, “to discuss a growing concern that these companies may be hurting competition and intentionally stifling the free exchange of ideas on their platforms,” Justice Department spokesman Devin O’Malley said.

It was not known which state attorneys general would attend. Representatives for the attorneys general in New York, Connecticut and Iowa said that they had not been contacted.

Shares of social media companies slipped on Wednesday as the executives met skeptical lawmakers, with Twitter off 6.1 percent and Facebook around 2.3 percent lower in late afternoon trading. Shares of Google parent Alphabet Inc. sank about 1 percent.

Facebook Chief Operating Officer Sheryl Sandberg and Twitter Chief Executive Jack Dorsey testified Wednesday at a Senate Intelligence Committee hearing on efforts to counteract foreign efforts to influence U.S. elections and political discourse.

House Republicans grilled Twitter CEO Jack Dorsey on alleged bias against conservatives in social media, capping a marathon day of testimony for the Silicon Valley executive.

Dorsey told lawmakers on the House Energy and Commerce Committee that Twitter did not intentionally censor conservative voices and that any problems with their algorithms were not the result of political bias.

No comments:

Post a Comment