Now Zuckerberg needs friends in Washington, where Facebook is under unprecedented attack. His company is being investigated for possible antitrust violations by two federal agencies and Congress. It’s also trying to get skeptical regulators and lawmakers on board with its goal of launching a cryptocurrency.
But this presidential cycle, Facebook has become one of Democrats’ top punching bags. In recent weeks, Warren’s campaign has bought ads on Facebook claiming Zuckerberg endorsed Trump, a deliberate falsehood that she used to draw attention to Facebook’s policies exempting politicians from fact-checking ads, and corrected later in the advertisement.
--With assistance from Bill Allison.
This article was provided by Bloomberg News.