Lobbyists, Campaign Cash And Think Tanks: How Silicon Valley Tackled Politics
Facebook didn't open an office in Washington, DC until it was five years old and already worth billions. Last year, the company spent $12 million lobbying lawmakers and the federal government.
As Facebook founder Mark Zuckerberg prepared for two congressional hearings coming this week, he gave reporters a look at his crisis-management strategy.
"We didn't take a broad enough view of what our responsibility is," he said Wednesday, referring to Facebook policies that allowed political consultants to acquire data belonging to as many as 87 million Facebook users. "And that was a huge mistake. It was my mistake."
The carefully worded
