Mark Zukerberg Becoming Too Powerful Co-Founder Warns | Sahara Reporters

📆 5/9/2019 9:59 PM
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Mark Zukerberg Becoming Too Powerful Co-Founder Warns | Sahara Reporters “It’s time to break up Facebook,” Hugh said, who along with Zuckerberg founded the online network in their dorm room while both were students Harvard University in 2004. READ MORE:

Chris Huges, one of the co-founders of Facebook called on Thursday for the social media behemoth to be broken up, warning that the company’s head, Mark Zuckerberg, had become far too powerful.

Zuckerberg not only controls Facebook but also the widely used Instagram and WhatsApp platforms, and Hughes said that “Facebook’s board works more like an advisory committee than an overseer.” He accused Facebook of acquiring or copying all of its competitors to achieve dominance in the social media field, meaning that investors were reluctant to back any rivals because they know they cannot compete for long.

After buying up its main competitors Instagram, where people can publish photos, and WhatsApp, a secure messaging service, Facebook now has 2.7 billion monthly users across its platforms and made a first-quarter profit of $2.43 billion this year.

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