...the Peewee Herman clone who owns Facebook. He's got more money than Croesus and thinks he should be regulated by the government because it does such a nifty job with all the other stuff it regulates....has called for more regulation surrounding online content, saying that it’s not up to social media companies to determine free speech.
BBC News reports that Facebook CEO Mark Zuckerberg warned during the Munich Security Conference in Germany that excessive control of speech online risked stifling individual expression and free speech. Social media services such as Facebook, Twitter, and Instagram have been put under intense pressure to crack down on "hate speech" online, Facebook has also been harshly criticized for its refusal to fact check political ads.
Zuckerberg stated during the conference that he supported government regulation of speech online stating: "We don’t want private companies making so many decisions about how to balance social equities without any more democratic process."
Zuckerberg urged governments to develop regulations relating to social media and suggested that a new regulatory system be founded that combined the existing rules for telecoms and media companies. "In the absence of that kind of regulation we will continue doing our best," he said.
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