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Facebook Gets Complicated: Reveals More Corruption Will Testify Against It | Israel today

2021-10-23T15:59:11.516Z


A second former employee of the company filed a complaint against the giant corporation claiming that it allowed the promotion of hateful or false content, with the aim of increasing profits • The source quoted a senior company official as saying: "Legislators will forget about us in a few weeks and we will print money in the basement"


Pressure on social networking giant Facebook is mounting after further corruption allegations accused the corporation of knowingly promoting content of hate speech and illegal activity, even after it was revealed that within the company expressed concern about disseminating false information during the US presidential election period.

The exposé of the corruption told the Washington Post that he had filed a complaint against the company to the Stock Exchange and Securities Commission, the U.S. authority responsible for regulating and protecting investors in publicly traded companies.

The man, a former employee of the company, claims that corporation executives refused to enforce the company's own regulations for fear of angering US President Donald Trump and his allies, which could hurt the company's growth.

In one case mentioned by the whistleblower, Tucker Bonds, a senior member of Facebook's communications division, denied to employees the possibility of the company's involvement in the 2016 election manipulation.

"Some lawmakers might get a little upset. Then in a few weeks they will move on while we print money in the basement and are very successful," Bonds told the information leak to the Washington Post.

"Just worry about the profit line"

 Last month it was revealed that Francis Haugen, a 37-year-old product engineer who has worked for Facebook since 2019, is the one who provided the Wall Street Journal with inside information from what goes on behind the scenes of the social network, which has more than 2 billion registered users.

This time, the former employee revealed more details on NBC's 60-minute investigative program.

The former employee was in the department that dealt with the users' public problems and there she was exposed to the company's working methods and she was clear about what her priorities are from the management's point of view: financial profit first and foremost.

Even if it comes at the expense of spreading hatred, violence and Pike News.

Frances Haugen testified before the Senate Commerce Committee.

Facebook rake in profits - we paid in blood, Photo: IPI

"The things I saw on Facebook over and over again are conflicts between what's good for the public and what's good for Facebook, and the company's management made it very clear what its preferences were, and those were the company's economic and private interests," Hogen said for 60 minutes.

Hogen argues that Facebook has received more and more studies that have clearly shown company leaders the huge and sometimes destructive impact the platform has on entire societies and cultures in the public - and it is precisely these studies that Facebook has chosen to ignore, dismiss as "misleading" or at least lighten their head over the pursuit of greater financial gains.

Source: israelhayom

All news articles on 2021-10-23

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