Facebook (NASDAQ: FB) CEO Mark Zuckerberg and Twitter (NASDAQ: TWTR) CEO Jack Dorsey are in talks with the House of Representatives and may testify at a congressional hearing in March. According to Politico, the CEOs of the largest social media websites may testify before with members of the House Energy and Commerce Committee.
U.S. Lawmakers have been keeping an eye on tech giants for a long-time now. In the past year alone, Jack Dorsey and Mark Zuckerberg have both testified before Congress three times. The recent hearings might suggest that legislators are becoming more anxious about tech firm’s practices.
On Friday, New York Attorney General Letitia James ordered Amazon (NASDAQ: AMZN) to comply with her ten Covid-19 regulations. In return, Amazon sued Mrs. Letitia for “exceeding her authority”.
Furthermore, Twitter and Facebook executives have both appeared at a hearing concerning Section 230. The latest moves by social media giants raised concerns from Republican lawmakers. Conservative voices alleged the giant tech firms of censoring conservative opinions — violating antitrust laws as a result. Facebook, Twitter, Amazon, and other tech giants went far and even banned the president of the United States back then — Donald Trump.
Meanwhile, Twitter’s top lawyer Vijaya Gadde and Susan Wojcicki CEO of YouTube may also testify at the hearing. According to the same report “the hearing’s emphasis is not yet clear”. Reportedly, the committee has not yet released the date for the hearing.
In recent months, the House Energy and Commerce Committee has been following how social media giants managed the Covid-19 pandemic misinformation and violent posts —related to the U.S. Capitol storming.
Facebook pays its Over Sight boards six-figure salaries
According to a report by Business Insider, Zuckerberg’s Facebook pays six-figure salaries to its “Supreme Court”. The company’s Over Sight board consists of 20 members — the board members are responsible for content moderation guidelines. Additionally, the Oversight Board members only put fifteen hours work a week.
Zuckerberg first shared his Sight board idea in 2018, after consecutive hearings at Congress and tens of scandals. The Oversight Board includes human rights lawyer Afia Asantewaa Asare-Kyei, Nobel laureate Tawakkol Karman, Cato Institute vice president John Samples and Stanford Law professor Pamela Karlan. The board runs on a $130 million independent trust.
Meanwhile, The Verge content moderators responsible for analyzing racist posts and child abuse content on a daily basis only earn $29,000