Facebook has come under pressure today to follow Twitter’s announcement and ban political advertising. Mark Zuckerberg’s giant has also been under fire from its own staff in recent days for its decision to allow politicians to lie in political advertising. Globally, as we’ll see below, lawmakers are grappling with how to solve a problem like Facebook – but in the UK, it seems tentative proposals won’t come fast enough to prevent dark influence on the UK elections.
More on that in a moment. But interestingly, it’s a different story when it comes to Facebook’s designs on electronic currency…
If Facebook isn’t trusted (yet) with our money, why is it trusted with our democracy?
Just last week, Mark Zuckerberg was grilled on Capitol Hill on whether the company could be trusted to run an electronic currency called Libra. Even the Facebook CEO had to admit in evidence he gave to the committee that Facebook wasn’t in a good place to be trusted to launch such a new service.
