Facebook Faces Legal Risk Similar to Big Tobacco or OxyContin, Analyst Says_老虎社区_美港股上老虎

Facebook Faces Legal Risk Similar to Big Tobacco or OxyContin, Analyst Says

Barrons2021-10-11

Recent revelations and scrutiny from Congress over Facebook’s role in society could lead to major lawsuits against the social-media giant, according to new research that drew comparisons with ...

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BBBBBBBBBB
·2021-10-11
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- aaalicia:
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kerukel88
·2021-10-11
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Saltyninjazz
·2021-10-11
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- LimYH:
  what happen?
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Likethatgood
·2021-10-11
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href=https://www.barrons.com/articles/facebook-faces-legal-risk-big-tobacco-oxycontin-51633956119?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Recent revelations and scrutiny from Congress over Facebook’s role in society could lead to major lawsuits against the social-media giant, according to new research that drew comparisons with ...</p>\n\n<a href=\"https://www.barrons.com/articles/facebook-faces-legal-risk-big-tobacco-oxycontin-51633956119?mod=hp_LATEST\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.barrons.com/articles/facebook-faces-legal-risk-big-tobacco-oxycontin-51633956119?mod=hp_LATEST","article_id":"1108627633","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1108627633","pubTimestamp":1633957828,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Recent revelations and scrutiny from Congress over Facebook’s role in society could lead to major la","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"分析师称，脸书面临类似于大烟草或奥施康定的法律风险","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FB":0.9},"content_text":"Recent revelations and scrutiny from Congress over Facebook’s role in society could lead to major lawsuits against the social-media giant, according to new research that drew comparisons with litigation faced by Big Tobacco or Purdue Pharma.\nFacebook has been under pressure following a series of reports by The Wall Street Journal that made allegations covering Instagram’s impact on teenagers’ mental health, whether its algorithm encouraged social discord, and how it moderates elites.\n\nA company whistleblower who leaked internal documents to the Journal also testified before Congress last week, as lawmakers turned their attention to the renewed public debate over Facebook’s prominent role in peoples’ lives.\nFacebook co-founder and CEO Mark Zuckerberg last week said that “many of the claims don’t make any sense,” pushing back against allegations that arose in the Journal’s reports and the whistleblower’s testimony, in a post on social media.\nBlair Levin, an analyst at London-based technology industry research group New Street Research, wrote Sunday that “while we have been skeptical that past revelations would lead to government action, we think this time is different and as a result, we think Facebook may now face a similar challenge from increased litigation as tobacco, or more recently, OxyContin.”\nLevin served as chief of staff to the chair of the Federal Communications Commission in the 1990s.\nThe analyst said that while the facts and damages are different for Facebook than those faced by the tobacco industry or Purdue Pharma—the maker of opioid medication OxyContin—the fundamental legal framework is the same.\nThere is a product with problematic consequences for many people, management 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