Hungarian-American investor George Soros is publicly calling for Facebook executives Mark Zuckerberg and Sheryl Sandberg to be “removed from control” after Zuckerberg’s recent comments on government regulation. (Fox News)
He took issue with CEO Mark Zuckerberg “piously” calling for government regulation as he helped to get President Trump reelected. In a letter to the editor, Soros told the Financial Times that Facebook should, on its own, reject political advertising.
“Mr Zuckerberg appears to be engaged in some kind of mutual assistance arrangement with Donald Trump that will help him to get reelected, Facebook does not need to wait for government regulations to stop accepting any political advertising in 2020 until after the elections on November 4,” he said.
His comments came after Zuckerberg told the Munich Security Conference that more government regulation should come “from the states on basically — take political advertising as an example — what discourse should be allowed?”
Soros, who leads the Open Society Foundation, argued that neither Zuckerberg nor Chief Operating Officer Sheryl Sandberg should be in control of the massive social media platform.
Zuckerberg and Sandberg are Facebook’s CEO and COO, respectively.