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Facebook needs independent ethical oversight: UK lawmakers

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Facebook and other big tech companies should be subject to a compulsory code of ethics to tackle the spread of fake news, the abuse of users’ data and the bullying of smaller firms, British lawmakers said on Monday.
LONDON (Reuters) – Facebook and other big tech companies should be subject to a compulsory code of ethics to tackle the spread of fake news, the abuse of users’ data and the bullying of smaller firms, British lawmakers said on Monday.
In a damning report that singled out Facebook chief executive Mark Zuckerberg for what it said was a failure of leadership and personal responsibility, the UK parliament’s Digital, Culture, Media and Sport Committee said the companies had proved ineffective in stopping harmful content and disinformation on their platforms.
“The guiding principle of the ‘move fast and break things’ culture often seems to be that it is better to apologize than ask permission,” committee chairman Damian Collins said.

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