Cantwell questions whether Facebook committed 'advertising fraud'

Cantwell questions whether Facebook committed ‘advertising fraud’

Oct 05, 2021

Cantwell questions whether Facebook committed ‘advertising fraud’

1 00:00:00,120 –> 00:00:05,910 >> Are we also now talking about advertising fraud. Are you selling something to advertisers. 2 00:00:05,910 –> 00:00:11,730 That’s not really what they’re getting. We know about this because of the newspaper issues we’re trying to say that journalism 3 00:00:11,730 –> 00:00:17,190 that basically has to meet a different standard of public interest standard. That basically is out there 4 00:00:17,190 –> 00:00:19,900 basically proving every day or they can be sued. 5 00:00:19,980 –> 00:00:25,320 >> These guys are a social media platform that doesn’t have to live with that. And then the consequence is they’re 6 00:00:25,320 –> 00:00:31,350 telling their advertisers that this was a right. We see it we see it. People are coming back to the local journalism because 7 00:00:31,350 –> 00:00:36,600 they’re like We want to be against what the trusted brand. We don’t want to be in you know your website. So I think 8 00:00:36,600 –> 00:00:41,940 you’re finding for the FCC is an interesting one. But I think that we also have to look at 9 00:00:41,940 –> 00:00:47,190 what are the other issues here and one of them is did you do it. Did they defraud advertisers and telling them this was 10 00:00:47,190 –> 00:00:53,030 the advertising content that you were gonna be advertising on when in reality was something different it was based on a different model. 11 00:00:53,070 –> 00:00:58,260 >> We have multiple examples of question and answers for the advertising staff the 12 00:00:58,260 –> 00:01:03,600 sales staff where advertisers say after the riots last summer were asked should we come back 13 00:01:03,600 –> 00:01:09,180 to Facebook or after the insurrection. Like should we come back to Facebook. And Facebook said 14 00:01:09,180 –> 00:01:14,700 in their talking points that they gave to advertisers we we’re doing everything in our power to make this safer or 15 00:01:14,700 –> 00:01:17,310 we take down all the hate speech when we find it. Facebook. 16 00:01:17,320 –> 00:01:22,680 >> On and that was not true that was not true. They get 3 5 percent of hate speech. Thank you. Thank you Mr. Chairman.

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