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META Meta Platforms Inc

475.8308
-5.71 (-1.19%)
Last Updated: 19:47:02
Delayed by 15 minutes
Share Name Share Symbol Market Type
Meta Platforms Inc NASDAQ:META NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.71 -1.19% 475.8308 475.81 475.97 477.69 472.75 475.00 12,327,321 19:47:02

Key Takeaways From Facebook Hearing

30/09/2021 7:24pm

Dow Jones News


Meta Platforms (NASDAQ:META)
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By John D. McKinnon

 

A hearing that was expected to go poorly for Facebook Inc. lived up to expectations. Among the key takeaways:

--Top lawmakers said they would redouble their efforts to modernize the 1998 law governing websites that gather data on kids, the Children's Online Privacy Protection Act.

--They held out hope that Facebook finally would take its own steps to address its issues with kids. But not much.

--Finally, the Facebook executive who testified, global safety head Antigone Davis, largely succeeded in sticking to the company line that the company's internal research had been misinterpreted, while deflecting many of the senators' tougher questions. But her tactics might have cost Facebook goodwill in Congress at what could be a crucial time.

(END) Dow Jones Newswires

September 30, 2021 14:09 ET (18:09 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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