Facebook has ramped up its lobbying spending, as it faces down fresh scrutiny from US lawmakers, following damaging revelations by its whistle-blower. — REUTERS
Facebook Inc. spent US$5.1mil (RM21.21mil) on lobbying in the third quarter, again boosting its Washington expenditures as internal documents leaked by a whistle-blower sparked fresh allegations of misleading Congress, the public and securities regulators.
The social media company’s lobbying outlays represented a 6.7% increase from last quarter and a 3.9% increase compared to the third quarter of 2020. The amount outpaced other technology giants like Amazon.com Inc, Microsoft Corp. and Alphabet Inc.’s Google.
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