Recent reporting suggests Facebook and CEO Mark Zuckerberg presented different versions of its policies in private and public.
The Wall Street Journal recently revealed that Facebook treats users’ posts differently depending on their wealth, privilege and status.
That and other findings based on internal Facebook documents may be troubling enough, but the social network’s bigger problem could be the Securities and Exchange Commission.
The documents suggest Facebook presented different, contradictory versions of these policies in public and private. From a securities regulation standpoint, any big lie could potentially defraud investors and invite an investigation – especially when the company involved is Facebook.
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