Facebook chief Zuckerberg to urge US to update 'rules for the internet'
He will tell an anti-trust hearing today of his 'concerns about the size and perceived power that tech companies have'.
Facebook chief Mark Zuckerberg will tell a major anti-trust hearing Wednesday that the internet giant would not have succeeded without US laws fostering competition -- but that the rules of the internet now need updating.
"Facebook is a proudly American company," Zuckerberg said in prepared remarks ahead of the closely-watched House Judiciary Committee hearing. "Our story would not have been possible without US laws that encourage competition and innovation."
But Zuckerberg also acknowledged "concerns about the size and perceived power that tech companies have."
"That's why I've called for a more active role for governments and regulators and updated rules for the internet."
Wednesday's unprecedented hearing will also feature chief executives Tim Cook of Apple, Jeff Bezos of Amazon and Sundar Pichai of Google and its parent firm Alphabet.
MiniTV is contained within Amazon’s traditional shopping app, a ... READ MORE
Momentum remains strong despite wild swings and corrections;... READ MORE
When it comes to the UAE, 78 per cent of businesses indicated that... READ MORE
Magic keyboards, mice, trackpads, and other accessories available... READ MORE
Flights were cancelled on May 16 and 17, with more set to be... READ MORE
The two families – with all members vaccinated - have now... READ MORE
Lifting of curbs depends on how governments handle pandemic READ MORE
Those refusing to submit a sample can face legal action by the Public ... READ MORE