Discover and read the best of Twitter Threads about #bigtechtakeover

Most recents (3)

.@repfranklucas makes the obvious point that one of the issue with people being "underbanked" is lack of institutional trust. He asks Zuck why people who are distrustful of banks would trust FB. Zuck - in contradiction of earlier media statements - basically says people trust FB.
@RepFrankLucas .@RepGregoryMeeks asks Zuckerberg if FB has worked with any minority-development depository institutions, given that he cares about the "unbanked" so much.

Zuckerberg admits he has no idea if FB has done this.

#ZuckBuck #BigTechTakeover
@RepFrankLucas @RepGregoryMeeks #Libra does not offer bank accounts.

#Libra does not offer bank accounts.

#Libra does not offer bank accounts.

#Libra does not offer bank accounts.

Stop it.

#ZuckBuck #BigTechTakeover
Read 96 tweets
Today, the House Financial Services Committee is holding a hearing with Facebook CEO Mark Zuckerberg.

You can watch yourself at:…

We will be clipping videos from the hearing in this thread. 👇👇👇
HUD "filed an official charge of discrimination against @Facebook for its advertising practices... I understand that Facebook has refused to comply with HUD's fair housing investigation" --@RepMaxineWaters #FacebookHearing
@facebook @RepMaxineWaters “Last year, Facebook banned all cryptocurrency ads on its platform” saying it was misleading and deceptive. “Then earlier this year, Facebook rolled back the ban, and bought a blockchain company, and launched your own currency.” —@RepMaxineWaters #ZuckBuck #BigTechTakeover
Read 16 tweets
Good morning, I will be watching today’s House Financial Services hearing with Mark Zuckerberg at 10am EST today.

Follow for live tweets if you’re interested.

Almost ready folks. #FacebookHearing
One last chat with the handlers and lawyers #FacebookHearing
Read 21 tweets

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