Zuck: Our Security Efforts Will Suffer if Facebook Is Broken Up
Mark Zuckerberg is countering calls to break up Facebook, saying that doing so would only diminish his company's billion-dollar attempts to fix the social network.
"The amount of our budget that goes toward our safety systems I believe is greater than Twitter's revenue for this whole year," Zuckerberg told journalists on a press call on Thursday.
Zuckerberg made the comment in response to co-founder Chris Hughes' call to break up Facebook. According to Hughes, the Federal Trade Commission made a grave mistake in letting Facebook buy WhatsApp and Instagram, which helped the company gain control over the social networking market. Zuckerberg disagrees. During the press call, he pointed to competing products such as Apple's iMessage, Snapchat, YouTube, Twitter, and TikTok, which many users rely on for messaging or social media. "The average person here uses seven or eight different services," he said.