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    Home»NEWS»The Facebook Papers may be the biggest crisis in the company’s history
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    The Facebook Papers may be the biggest crisis in the company’s history

    News DeskBy News DeskOctober 25, 2021No Comments2 Mins Read
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    Facebook has confronted whistleblowers, PR firestorms and Congressional inquiries in recent years. But now it faces a combination of all three at once in what could be the most intense and wide-ranging crisis in the company’s 17-year history.

    On Friday, a consortium of 17 US news organizations began publishing a series of stories — collectively called “The Facebook Papers” — based on a trove of hundreds of internal company documents which were included in disclosures made to the Securities and Exchange Commission and provided to Congress in redacted form by Facebook whistleblower Frances Haugen’s legal counsel. The consortium, which includes CNN, reviewed the redacted versions received by Congress.
    CNN’s coverage includes stories about how coordinated groups on Facebook (FB) sow discord and violence, including on January 6, as well as Facebook’s challenges moderating content in some non-English-speaking countries, and how human traffickers have used its platforms to exploit people.
    The reports from CNN, and the other outlets that are part of the consortium, follow a month of intense scrutiny for the company. The Wall Street Journal previously published a series of stories based on tens of thousands of pages of internal Facebook documents leaked by Haugen. (The consortium’s work is based on many of the same documents.)
    The publication of the Journal’s “Facebook Files,” which raised concerns about the impact of Instagram on teen girls, among other issues, prompted a Senate subcomittee hearing with Facebook head of global safety Antigone Davis. Haugen herself then testified before the Senate subcommittee, during which she said she believes that “Facebook’s products harm children, stoke division, and weaken our democracy.”
    There’s currently no end in sight for Facebook’s troubles. Members of the subcommittee have called for Facebook CEO Mark Zuckerberg to testify. And on Friday, another former Facebook employee anonymously filed a complaint against the company to the SEC, with allegations similar to Haugen’s.
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