CNBC January 31, 2024
Jonathan Vanian

Key Points

– Regulating social media companies like Meta, TikTok, and X (formerly Twitter) was a rare issue of bipartisan agreement during a Senate hearing on child safety.

– “We could regulate you out of business if we wanted to,” a frustrated Sen. Thom Tillis, R-N.C. told social media executives.

– Despite fireworks, there were few signs the hearing would change the regulatory outlook for the companies in the near term.

“We could regulate you out of business if we wanted to,” a frustrated Sen. Thom Tillis, R-N.C. told Meta CEO Mark Zuckerberg, TikTok CEO Shou Zi Chew, X CEO Linda Yaccarino and other top social media company leaders Wednesday during a Senate hearing.

Tillis and other lawmakers accused the...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

Continue Reading

 
Topics: Congress / White House, Govt Agencies, Regulations, Social Media, Technology
Related Articles:
3 Ways Parents Protect Kids From Social Media’s Mental Health Effects
Social Media’s Assassination of Brian Thompson
California considers mental health warnings on social media: 3 things to know
Social Media Platforms Keep Kids Online Despite Mental Health Harms
Why Overlooking Public Criticism Could Be UnitedHealth’s Big Mistake

Share This Article