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Has Mark Zuckerberg’s total control of Facebook turned into a liability? | John Naughton

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For devotees of C-Span, the public-service media network that covers the US Congress, Tuesday was an interesting day. The Senate judiciary subcommittee on competition policy, antitrust and consumer rights held a hearing on the social media companies, which for most purposes meant Google and Facebook. It was intriguing in several ways. For one thing, the senators were exercised, sceptical and sometimes angered by the evasive cant served up by the corporate executives whom they had summoned. More importantly, the perceptible anger was bipartisan (a rare thing in the current Congress). And lastly, some of the most aggressive questioning of the hapless Facebook representative came from Senator Josh Hawley of Missouri, who is believed to be PayPal co-founder Peter Thiel’s preferred candidate for president in 2024. And Thiel is a member of Facebook’s board of directors!

This congressional ire was triggered by a terrific scoop in the Wall Street Journal,…

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