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1/16, 5:26 PM (Source: TeleTrader)
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Pelosi: Facebook abuses power of technology

Facebook has been "abusive" of the opportunity that modern technology has given it, United States House of Representatives Speaker Nancy Pelosi said on Thursday.

Speaking at her weekly press conference about the tech giant which is located in her Congressional district, Pelosi stated that Facebook only cares about making money and not about "children" or "the truth." She went on to describe Facebook's plans not to fact-check political ads as "very irresponsible" and "shameful" behavior. The speaker also added the company will take money from advertisers "from who knows where," alluding to possible foreign interference in US elections.

Earlier, Facebook said it would allow fewer political ads after facing criticism over its fact-checking policy.

Breaking the News / VP