CNBC Television Sen. Blumenthal accuses Facebook of adopting Big Tobacco’s playbook
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Julia Boorstin joins Closing Bell with updates from a congressional hearing today where Facebook played defense against allegations the company cares more about profits than children’s safety. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
U.S. lawmakers from opposite sides of the aisle agree on virtually nothing these days. The exception is when the topic is Facebook.
Republicans and Democrats grilled Antigone Davis, Facebook’s global head of safety, on Thursday, in a hearing before the Senate Commerce subcommittee on consumer protection. Antigone, who testified by video, was called to answer questions about Instagram’s impact on the mental health of teens and Facebook’s efforts to build more products targeting children.
The hearing, titled “Protecting Kids Online: Facebook, Instagram, and Mental Health Harms,” follows a series of Wall Street Journal reports earlier this month that were based on internal studies conducted by Facebook researchers. Those stories revealed that Facebook is aware of the harmful effects of Instagram on the mental health of young users. In particular, Facebook’s own studies showed that 13% of British users and 6% of American users traced their desire to commit suicide back to Instagram.
Davis answered questions for close to three hours, and listened as multiple senators compared Facebook to the tobacco industry, which for years knowingly hid what it knew about the dangers associated with the products it was selling.
“Facebook is just like Big Tobacco, pushing a product that they know is harmful to the health of young people, pushing it to them early, all so Facebook can make money,” said Sen. Ed Markey, D-Mass.
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