In leaked audios, Mark Zuckerberg shows concern about government | Internet

In his testimonies at the American Congress and the European Parliament in 2018, Mark Zuckeberg was quite enigmatic and did not answer all the questions. Now, leaked audios show a more transparent version of the executive, in a meeting with his employees.

Mark Zuckerberg

The material recorded at two meetings that took place in July was obtained by the The Verge, which published its content on Tuesday (1st). In the audios, which take about two hours, Zuckerberg answers questions from employees about competitors, critics and attempts to split the company.

The meeting took place in the month that Facebook accepted the $ 5 billion fine from the Federal Trade Commission (FTC) and began to face resistance to Libra. The company handled time, the company handled criticism from its own co-founder.

Warren and the Facebook division

Democratic Senator Elizabeth Warren, a candidate for the 2020 US presidential election, earlier this year proposed dividing companies like Amazon, Apple, Facebook and Google. Asked about the plan, Zuckerberg said he was concerned about the attempt. Still, he was confident of the American rule of law.

“If she is elected president, I would bet that we will have a legal challenge and I would bet that we will win the legal challenge,” he said. “And is it still bad for us? Yes. I mean, I don’t want to have a big lawsuit against our own government. ”

“Dismembering these companies, whether Facebook, Google or Amazon, is not going to solve the problems. And, you know, that doesn’t make election interference less likely, ”he continued. “This makes it more likely because now, companies cannot coordinate and work together”.

During the response, it was even left to Twitter. “That’s why Twitter can’t do as good a job as we do. They face, qualitatively, the same types of problems. But they cannot invest. Our investment in security is greater than the total revenue of their company, ”said Zuckerberg, eliciting laughter from employees.

“And, yes, we are operating on a larger scale, but it is not as if they faced qualitatively different issues. They have all the same types of problems as we do. ”

The Facebook founder said he did not believe that antitrust solutions would solve problems in the technology industry. “If we don’t help solve these problems and establish a regulatory framework in which people feel that there is real responsibility and the government can govern our sector, then, yes, people will continue to be more angry.”

Testimonials after Cambridge Analytica case

One of the employees asked about Zuckerberg’s conduct at Facebook and why he refused to attend some hearings amid the Cambridge Analytica scandal. According to the executive, this will not really happen.

“I don’t go to all audiences worldwide,” he summarized. “When problems arose last year around Cambridge Analytica, I held hearings in the United States. I held hearings in the European Union ”.

Mark Zuckerberg

“It just doesn’t make sense for me to go to audiences in all the countries that want me to appear and, frankly, they have no jurisdiction to demand that.”

“People are going to use the company’s position and I to criticize ourselves,” he said, addressing the position of control over the company. “I think this is, to some extent, something normal that we need to deal with and hope for that to happen.”

“Certainly, I take my personal conduct very seriously and how it is reflected in the company,” he continued. “But I think that, in general, the structure we have served the company and the community well.”

Libra and the resistance of regulators

Another topic of the meeting was the development of the Libra cryptocurrency. At the time, Zuckerberg said he intended to get it off the ground by the end of this year. However, the executive was cautious and addressed the importance of a “more consultative approach” for that phase of the project.

“We understand that there are real problems. The financial sector is a highly regulated space. There are many important issues that need to be addressed to prevent money laundering, to prevent the financing of terrorists and people that different governments say you cannot negotiate with, ”he explained.

“There are many requirements for knowing who your customers are. We have already focused a lot on real identity, especially on Facebook, so there is still a lot more we need to do to have this type of product ”.

“A greater part of this is private involvement with regulators around the world, and these, I think, are generally more substantive and less dramatic,” he said. “And these meetings are not played for the camera, but that is where many discussions and details are dealt with. So this is going to be a long way. We kind of expected it – which is how it looks like a big engagement. ”

Growth of the Chinese social network TikTok

While dominating social networks in the West, Facebook pays attention to new competitors. One of them is TikTok, a short video social network that was created in China and is already growing in other countries.

The TikTok, for Zuckerberg, is the first product built in China to emerge worldwide. “It is starting to do well in the USA, especially with young people. It is growing in India. I think it’s gone from Instagram now in India in terms of scale. So, yes, it is a very interesting phenomenon ”.

TikTok / Musical.ly

“I kind of think of TikTok as if it were the Explore for Stories tab and that was the whole app,” he said. “We have a product called Lasso, an independent application we are working on, trying to adjust the market in countries like Mexico,” he said.

“We are trying to make it work in countries where TikTok is not yet big before competing with TiktTok in countries where it is big”. The executive also intended to make changes to Instagram’s Explore tab so that it highlighted more Stories.

That’s because, according to Zuckerberg, publications that last 24 hours are becoming the main way for people to communicate on the social network. The strategy to face TikTok, therefore, is to become more like TikTok.

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