Amazon and Facebook shelled out record 💰 to lobby the government as the nation's largest internet companies frantically seek to tamp down threats of heavy regulation — and even corporate break-ups — from Washington
Amazon and Facebook shelled out record sums to lobby the federal government this spring as the nation's largest internet companies frantically seek to tamp down ballooning scrutiny and threats of heavy regulation and even corporate break-ups coming from Washington.
Meanwhile, Facebook and Google-owned YouTube, along with fellow social media platform Twitter, have been criticized for how they moderate unsavory and illicit content on their platforms, including hate speech, posts depicting and inciting mass violence, foreign election interference and illegal drug sales. Some Republicans, including President Donald Trump, have also accused the Silicon Valley-based firms of harboring a bias against conservative points of view.
Facebook and Amazon each notched a quarterly sum above $4 million for the first time ever in the three-month period from April to June.
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