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Showing posts with the label Gov. Rick Scott [R-FL]

The Daily 202: Why Mark Zuckerberg is embracing more regulation of political ads on Facebook

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Why Mark Zuckerberg is embracing more regulation of political ads on Facebook Senator on Zuckerberg hearing: ‘Facebook doesn’t have the answers’ BY JAMES HOHMANN with Breanne Deppisch and Joanie Greve THE BIG IDEA:  SAN FRANCISCO—When Mark Zuckerberg is under the klieg lights on Capitol Hill today, he will emphasize Facebook’s endorsement of the Honest Ads Act. “We know some members of Congress are exploring ways to increase transparency around political or issue advertising, and we’re happy to keep working with Congress on that,” the founder and chief executive of the social networking giant plans to say, according to his  prepared testimony . Technology companies pride themselves on being insulated from the sorts of burdensome government requirements that apply to most other industries. So why on Earth would Zuckerberg support a new law that would be expensive to comply with and, thus, ostensibly hurt his bottom line? Here are six reasons: ...