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Facebook CEO's bid to reboot globalisation

Friday, February 17, 2017 - 01:35

Facebook's Chief Executive Mark Zuckerberg has laid out a vision of his company serving as a bulwark against rising isolationism. As Ciara Lee reports, he's written a letter to users saying the company's platform could be the ''social infrastructure'' for the globe.

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It's the world's largest social network - so CEO Mark Zuckerberg had a big audience when he published this letter on his page. Laying out his vision of Facebook serving as a barrier against rising isolationism. It was seen by some as a somewhat an unusual step for a business magnate. But Zuckerberg's comments come as U.S. President Donald Trump continues his mission to put "America first". (SOUNDBITE) (English): WORLD FIRST, CHIEF ECONOMIST, JEREMY COOK, SAYING: "He didn't refer to Brexit, he didn't refer to Donald Trump. He hasn't referred to Marine Le Pen or anything like that. It's an appeal to the centrist globalised politics that we've seen since the mid-90s and the kind of era that Mark Zuckerberg really grew up in." Zuckerberg said that Facebook could move far beyond its roots as a network for friends and families to communicate. He's suggested that it can play a role in areas ranging from strengthening traditional institutions and providing help during crises. To boosting civic engagement. The company has been under pressure though to more closely police hoaxes, fake news and other controversial content. But the concerns have had little impact on its finances. It reported 2016 revenue of $27.6 billion, up 54 percent from a year earlier. Some of the world's largest tech companies have been speaking out against the new U.S. president in recent weeks. Particularly in response to his temporary travel ban at the beginning of the month.

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Facebook CEO's bid to reboot globalisation

Friday, February 17, 2017 - 01:35