George Soros calls Facebook and Google a ‘menace’ to society and ‘obstacles to innovation’ in blistering attack (FB, GOOG)
|01/26/2018||Posted by BusinessMediaguide.Com under General World News||
- Facebook and Google are a “menace” to society because of their failure to protect against “the consequences of their actions,” billionaire investor George Soros said.
- Speaking at Davos, Soros launched an aggressive and multi-pronged attack on the tech giants, accusing them of “monopolistic” and anti-competitive behaviour.
- He said the companies are encouraging “addiction” like gambling companies, and of being “obstacles to innovation.”
Billionaire investor and philanthropist George Soros has launched a blistering and multi-pronged attack on Facebook and Google, arguing the tech giants’ size and “monopolistic behaviour” has made them a “menace” to society, damaging democracy, and encouraging “addiction” akin to gambling companies.
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