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The Journal.

Sen. Klobuchar Says Congress Is Losing Patience With Tech Giants

The Journal.

The Wall Street Journal

Business News, Daily News, News

4.25.8K Ratings

🗓️ 20 October 2021

⏱️ 15 minutes

🧾️ Download transcript

Summary

After a whistleblower shared internal Facebook documents, lawmakers renewed calls to regulate social media companies. But concerns over the influence tech giants exert on society extend far beyond Facebook. We spoke with Sen. Amy Klobuchar about how she hopes to rein in tech companies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Over the past several weeks, the Wall Street Journal has published a series of stories,

0:10.2

which show that Facebook knows its platform is causing harm, but in most cases hasn't

0:15.1

taken significant steps to stop it.

0:18.5

The findings are in large part based on an array of internal documents gathered by a whistleblower,

0:23.7

and since they were published, that whistleblower, Francis Hogan, has come forward and testified

0:28.6

in front of Congress.

0:30.6

Among the lawmakers who question Hogan, is Senator Amy Klobuchar?

0:34.6

Thank you very much, Mr. Chairman.

0:36.1

Thank you so much, Ms. Hogan, for shedding a light on how Facebook time and time again

0:41.3

has put profit over people.

0:43.8

Klobuchar heads the subcommittee on competition policy anti-trust and consumer rights,

0:48.8

which means she has a lot of power when it comes to regulating tech companies.

0:54.0

And yesterday, I sat down with Senator Klobuchar to ask one of the biggest questions in this

0:58.8

debate.

0:59.8

Should these tech companies be broken up?

1:05.0

Welcome to the journal, our show about money, business, and power.

1:08.8

I'm Ryan Kuditson.

1:10.6

It's Wednesday, October 20th.

1:17.9

Coming up on the show, Senator Amy Klobuchar on how she plans to rein in tech giants like

1:23.1

Facebook.

1:38.8

Facebook has pushed back on the Wall Street Journal's reporting.

1:41.9

The company says the documents gathered by Francis Hogan don't accurately portray its

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