It's similar to how the Big Tech stocks closed higher on the day following their hearings in Congress on July 29.
sent to Facebook CEO Mark Zuckerberg and COO Sherly Sandberg on Thursday that demanded the social media giant do more to prevent hate speech and threatening posts targeted at women in politics, writing,"It is past time to take a stand, and safeguard online spaces to allow all voices to be heard without manipulation, harassment or intimidation."
While House Republicans spent much of their time during a Big Tech hearing on July 29 accusing Facebook and other social media platforms of anti-conservative bias, a Buzzfeed investigation publishedcited employees who found evidence that Facebook often gives preferential treatment to clear fact-checking strikes against major right-wing voices, which would stave off demonetization on the site.
During an all-hands meeting following the release of the report, Zuckerberg called out employees who leaked information, saying,"Part of that culture means we need to take a pretty heavy hand when people violate that trust," according to the article's co-authorZuckerberg additionally would not entirely address a question on whether Facebook has a plan if President Trump declares the results of the November presidential election invalid, saying instead that...
Despite the controversies throughout the day, Facebook closed at an all-time high stock price of $265.28, similar to how the Big Tech stocks closed higher on the day following their hearings in Congress on July 29.
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