" Mark Zuckerberg, Founder, Chairman and Chief Executive Officer." " Form 10-Q for the quarterly period ended March 31, 2022,". " Facebook whistleblower says company incentivizes "angry, polarizing, divisive content." " Whistle-Blower Says Facebook ‘Chooses Profits Over Safety’."ĬBS News.
" Who Is Facebook Whistleblower Frances Haugen? What to Know After Her Senate Testimony." " Europe Publishers Turn Up Heat on Facebook After Australia Spat." " Bill to Make Facebook, Google Pay for News Clears Last Major Hurdle in Australia."īloomberg. " Facebook urges court to dismiss latest F.T.C. " Facebook Hit With New Antitrust Suit From Federal Trade Commission." " Meta’s Ad Practices Ruled Illegal Under E.U. " Introducing Meta: A Social Technology Company." to Change Ticker Symbol to 'META' on June 9." " Form 10-K for the fiscal year ended December 31, 2021,". " Form 10-Q for the quarterly period ended September 30, 2022.". " Form 10-K for the fiscal year ended December 31, 2021," -8. Two days later she testified extensively before Congress. Haugen's identity was revealed for the first time on Oct. Tye agreed to represent her and Haugen filed for legal whistleblower protection with the Securities and Exchange Commission ( SEC). She asked him about obtaining legal protection and the best course of action for making public thousands of pages of internal Meta documents. In spring 2021, Haugen contacted John Tye, the founder of legal nonprofit organization Whistleblower Aid. She says she left the company earlier this year because she became frustrated with the company's lack of willingness to accept initiatives that would address the platform's flaws and improve the safety of the platform's users. Haugen joined the company in June 2019 and served on the Civic Integrity team, which focused on the platform's impact on global elections. She says the platform's flaws are detrimental to the safety of children and democracy. In her news interviews and Congressional testimony, Haugen has criticized the company's focus on "angry, polarizing divisive content" as a way to boost engagement and profits. That includes not only the Facebook platform, but also Meta's smaller platforms including Instagram, which is heavily used by teens. Securities & Exchange Commission ( SEC), Wall Street Journal, New York Times, CBS "60 Minutes," and other organizations to show what she says are deep flaws at the giant social network. She has provided a stream of company documents to the U.S. Whistleblower Frances Haugen was a Meta employee until May 2021. 26, 2022, Meta announced its Q3 earnings, its revenue fell by 4% and EPS fell by 49%. On NovemMeta announced it would be laying off 11,000 workers, or 13% of its total workforce.Meta received a $414 million fine from EU regulators who ruled that on Januthat the company illegally forced users to accept data collection.It began trading under the ticker META on June 9, 2022. In early October, former Meta employee and whistleblower Frances Haugen testified before Congress, alleging that Meta's Facebook platform is detrimental to the safety of children and democracy.Meta earned $39.4 billion in net income on $117.9 billion of revenue in FY 2021.
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