@CapitalFMNews

Facebook hires British ex-deputy PM as global affairs head

1 months ago, 19 Oct 17:55

By: Agence France Pres ...

, LONDON, United Kingdom, Oct 19 – British former deputy prime minister Nick Clegg, a leading anti-Brexit advocate, said on Friday he would be starting a job at Facebook, as the US giant faces up to regulatory pressures.

“I am delighted to be joining Facebook. After almost 20 years in European and British politics, this is an exciting new adventure for me,” Clegg wrote on his Facebook page.

Clegg said Facebook was “at the heart of some of the most complex and difficult questions we face” such as “privacy of the individual”, “integrity of our democratic process”, and “the balance between free speech and prohibited content”.

The Press Association news agency and the Financial Times said Clegg would be Facebook’s new head of global affairs and communications and would move to California in January.

The 51-year-old is also a former European Commission trade negotiator and member of the European Parliament.

Clegg used to be head of the Liberal Democrats, a small opposition party, but was voted out of parliament in a 2017 election when the party suffered major setbacks.

The former politician has pushed for a second referendum that could stop Brexit but the proposal has been ruled out by Prime Minister Theresa May.

His most recent book is entitled: “How to Stop Brexit (And Make Britain Great Again”.

“As someone who has spent a lifetime arguing for Britain’s wholehearted commitment to Europe, it is of course a wrench to be leaving the public debate at a crucial time in the Brexit process,” Clegg wrote on Friday.

“But the key decisions will soon pass to Parliament, of which I am no longer a Member, and once I had decided to take up this unique new challenge at Facebook, I felt it was best to get going sooner rather than later,” he added.

Clegg speaks Dutch, French, German and Spanish, and joined the government after a 2010 election campaign characterised by “Cleggmania” over his superior performance in television debates.

He was badly damaged, however, by going back on a promise not to raise university tuition fees once in government.

The social network has faced several public relations crises in recent months and has instituted changes, particularly on privacy and the transparency of political campaign ads.

In September, it admitted that up to 50 million accounts had been breached by hackers.

It was also criticised for its handling of a data privacy scandal after it emerged that a British company called Cambridge Analytica had used data gathered through an app on Facebook to target voters in the US presidential election in 2016.

The company, along with other social media giants, has also been accused of allowing “fake news” to spread that manipulated public opinion ahead of Donald Trump’s victory in that election.

Get top business news for the day direct to your inbox


Read More


Category: business enterprise

Suggested

8 hours ago, 10:11
@StandardMedia - By: Reuters
Pence declares no end to tariffs till China bows

The stark warning will likely be unwelcome news to financial markets which had hoped for a thaw in the Sino-US dispute and deal at a G20 meeting. ...

Category: business news
8 hours ago, 10:21
@StandardMedia - By: Afp
Undersea gas fires Egypt's national energy dreams

Egypt is looking to use its vast, newly tapped undersea gas reserves to establish itself as a key energy exporter and revive its flagging economy. ...

Category: business news
7 hours ago, 11:37
@StandardMedia - By: Mirror
Workaholic Duchess of Sussex shakes up staff with '5am starts'

In just six months she has tried to do things the way she wants all in a family that has stuck with strict protocols for centuries. ...

Category: business news
7 hours ago, 11:37
@StandardMedia - By: Reuters
Barrick Gold eyes assets, exploration as it plots new phase

Barrick Gold Corp is interested in adding more copper assets provided the red metal is accompanied by bullion. ...

Category: business news
3 hours ago, 16:00
@DailyNation - By: Edwin Okoth
Billions poured into projects to cut fuel cost but consumers yet to gain

A multibillion-shilling bid to relieve consumers from expensive fuel has failed to yield fruit in what remains unclear in the pump pricing calculations made by ERC every middle of the month. ...

Category: topnews news business
3 hours ago, 16:00
@DailyNation -
Kiunjuri stops renting out of cereals’ board silos

The government has ordered termination of all leases of the National and Cereals Produce Board (NCPB) depots in a bid to create space for the purchase of the new grain. ...

Category: business news

@CapitalFMNews

Facebook hires British ex-deputy PM as global affairs head

1 months ago, 19 Oct 17:55

By: Agence France Pres ...

, LONDON, United Kingdom, Oct 19 – British former deputy prime minister Nick Clegg, a leading anti-Brexit advocate, said on Friday he would be starting a job at Facebook, as the US giant faces up to regulatory pressures.

“I am delighted to be joining Facebook. After almost 20 years in European and British politics, this is an exciting new adventure for me,” Clegg wrote on his Facebook page.

Clegg said Facebook was “at the heart of some of the most complex and difficult questions we face” such as “privacy of the individual”, “integrity of our democratic process”, and “the balance between free speech and prohibited content”.

The Press Association news agency and the Financial Times said Clegg would be Facebook’s new head of global affairs and communications and would move to California in January.

The 51-year-old is also a former European Commission trade negotiator and member of the European Parliament.

Clegg used to be head of the Liberal Democrats, a small opposition party, but was voted out of parliament in a 2017 election when the party suffered major setbacks.

The former politician has pushed for a second referendum that could stop Brexit but the proposal has been ruled out by Prime Minister Theresa May.

His most recent book is entitled: “How to Stop Brexit (And Make Britain Great Again”.

“As someone who has spent a lifetime arguing for Britain’s wholehearted commitment to Europe, it is of course a wrench to be leaving the public debate at a crucial time in the Brexit process,” Clegg wrote on Friday.

“But the key decisions will soon pass to Parliament, of which I am no longer a Member, and once I had decided to take up this unique new challenge at Facebook, I felt it was best to get going sooner rather than later,” he added.

Clegg speaks Dutch, French, German and Spanish, and joined the government after a 2010 election campaign characterised by “Cleggmania” over his superior performance in television debates.

He was badly damaged, however, by going back on a promise not to raise university tuition fees once in government.

The social network has faced several public relations crises in recent months and has instituted changes, particularly on privacy and the transparency of political campaign ads.

In September, it admitted that up to 50 million accounts had been breached by hackers.

It was also criticised for its handling of a data privacy scandal after it emerged that a British company called Cambridge Analytica had used data gathered through an app on Facebook to target voters in the US presidential election in 2016.

The company, along with other social media giants, has also been accused of allowing “fake news” to spread that manipulated public opinion ahead of Donald Trump’s victory in that election.

Get top business news for the day direct to your inbox


Read More

Category: business enterprise

Suggested

8 hours ago, 10:11
@StandardMedia - By: Reuters
Pence declares no end to tariffs till China bows

The stark warning will likely be unwelcome news to financial markets which had hoped for a thaw in the Sino-US dispute and deal at a G20 meeting. ...

Category: business news
8 hours ago, 10:21
@StandardMedia - By: Afp
Undersea gas fires Egypt's national energy dreams

Egypt is looking to use its vast, newly tapped undersea gas reserves to establish itself as a key energy exporter and revive its flagging economy. ...

Category: business news
7 hours ago, 11:37
@StandardMedia - By: Mirror
Workaholic Duchess of Sussex shakes up staff with '5am starts'

In just six months she has tried to do things the way she wants all in a family that has stuck with strict protocols for centuries. ...

Category: business news
7 hours ago, 11:37
@StandardMedia - By: Reuters
Barrick Gold eyes assets, exploration as it plots new phase

Barrick Gold Corp is interested in adding more copper assets provided the red metal is accompanied by bullion. ...

Category: business news
3 hours ago, 16:00
@DailyNation - By: Edwin Okoth
Billions poured into projects to cut fuel cost but consumers yet to gain

A multibillion-shilling bid to relieve consumers from expensive fuel has failed to yield fruit in what remains unclear in the pump pricing calculations made by ERC every middle of the month. ...

Category: topnews news business
3 hours ago, 16:00
@DailyNation -
Kiunjuri stops renting out of cereals’ board silos

The government has ordered termination of all leases of the National and Cereals Produce Board (NCPB) depots in a bid to create space for the purchase of the new grain. ...

Category: business news
Our App