AIRLINK 76.40 Decreased By ▼ -3.60 (-4.5%)
BOP 5.18 No Change ▼ 0.00 (0%)
CNERGY 4.47 Increased By ▲ 0.01 (0.22%)
DFML 35.10 Decreased By ▼ -0.06 (-0.17%)
DGKC 77.51 Increased By ▲ 0.63 (0.82%)
FCCL 20.23 Increased By ▲ 0.25 (1.25%)
FFBL 36.35 Increased By ▲ 0.75 (2.11%)
FFL 9.61 Increased By ▲ 0.08 (0.84%)
GGL 10.01 Decreased By ▼ -0.15 (-1.48%)
HBL 117.25 Increased By ▲ 0.25 (0.21%)
HUBC 132.98 Increased By ▲ 0.48 (0.36%)
HUMNL 7.01 Decreased By ▼ -0.05 (-0.71%)
KEL 4.56 Decreased By ▼ -0.09 (-1.94%)
KOSM 4.51 Decreased By ▼ -0.14 (-3.01%)
MLCF 37.20 Decreased By ▼ -0.30 (-0.8%)
OGDC 135.94 Increased By ▲ 1.47 (1.09%)
PAEL 23.38 Increased By ▲ 0.48 (2.1%)
PIAA 26.78 Increased By ▲ 0.15 (0.56%)
PIBTL 6.84 Increased By ▲ 0.03 (0.44%)
PPL 117.10 Increased By ▲ 5.00 (4.46%)
PRL 27.62 Increased By ▲ 0.42 (1.54%)
PTC 14.45 Increased By ▲ 0.07 (0.49%)
SEARL 56.11 Decreased By ▼ -0.28 (-0.5%)
SNGP 69.21 Increased By ▲ 2.21 (3.3%)
SSGC 10.90 Increased By ▲ 0.07 (0.65%)
TELE 9.23 Decreased By ▼ -0.06 (-0.65%)
TPLP 11.04 Decreased By ▼ -0.14 (-1.25%)
TRG 67.60 Decreased By ▼ -1.40 (-2.03%)
UNITY 25.30 Decreased By ▼ -0.19 (-0.75%)
WTL 1.32 No Change ▼ 0.00 (0%)
BR100 7,570 Increased By 48.3 (0.64%)
BR30 24,650 Increased By 248.3 (1.02%)
KSE100 72,029 Increased By 334.4 (0.47%)
KSE30 23,693 Increased By 151.3 (0.64%)

LISBON: In her first public address since she leaked a trove of damaging documents about Facebook's inner workings, whistleblower Frances Haugen urged her former boss, Mark Zuckerberg, to step down and allow change rather than devoting resources to a rebrand.

"I think it is unlikely the company will change if [Mark Zuckerberg] remains the CEO," Haugen told a packed arena on Monday at the opening night of the Web Summit, a tech fest drawing dozens of thousands to the Portuguese capital, Lisbon.

The former Facebook product manager replied in the positive to the question of whether Zuckerberg should resign, and added: "Maybe it's a chance for someone else to take the reins... Facebook would be stronger with someone who was willing to focus on safety."

Facebook changes parent company name to 'Meta'

The social network, with nearly 3 billion users, changed its name to Meta last week, in a rebrand that focuses on building the "metaverse," a shared virtual environment that it bets will be the successor to the mobile internet.

But early adopters of the virtual worlds known as the metaverse blasted Facebook's rebranding as an attempt to capitalise on growing buzz over a concept it did not create to deflect from recent negative attention.

Commenting on the rebranding, Haugen said it made no sense given the security issues that have yet to be tackled.

"Over and over Facebook chooses expansion and new areas instead of sticking the landing on what they've already done," Haugen told an animated crowd which frequently burst into applause as she spoke.

Facebook's announcement came amid strong criticism from lawmakers and regulators over the corporation's business practices - particularly its enormous market power, algorithmic decisions and the policing of abuses on its services.

Facebook’s future tops agenda at Web Summit

The social media network, which operates a dual class share structure through which Zuckerberg and a small group of investors control the company, has hit back saying the documents leaked by Haugen were being used to paint a "false picture."

Haugen told British and American lawmakers last month that Facebook would fuel more violent unrest worldwide unless it curbed its algorithms which push extreme, divisive content and prey on vulnerable demographics to keep them scrolling.

"A key problem is that the foundation of the platform's security is based on monitoring content language by language, which does not scale to all the countries where Facebook operates," Haugen noted.

Comments

Comments are closed.