The boss of social-media company Snap Inc. says government regulation isn’t a substitute for companies working to promote the well-being of their users.
“We’ve always been very open about regulation,” Snap Chief Executive Evan Spiegel said Tuesday at The Wall Street Journal’s Tech Live conference. “The important point to make is that regulation is not a substitute for moral responsibility and for business practices that support the health and well-being of your community, because regulation just happens far too late.”
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