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Social media firms to testify at U.S. Senate Homeland Security hearing

By David Shepardson WASHINGTON (Reuters) - The U.S. Senate Homeland Security and Governmental Affairs Committee will hold a hearing Wednesday with Facebook (NASDAQ:META) parent...
Social media firms to testify at U.S. Senate Homeland Security hearing © Reuters. FILE PHOTO: Facebook, Google and Twitter logos are seen in this combination photo from Reuters files. REUTERS

By David Shepardson

WASHINGTON (Reuters) - The U.S. Senate Homeland Security and Governmental Affairs Committee will hold a hearing Wednesday with Facebook (NASDAQ:META) parent Meta Platforms, Alphabet (NASDAQ:GOOGL)'s YouTube, Twitter (NYSE:TWTR) and short video app TikTok on social media's impact on homeland security.

The panel led by Democratic Senator Gary Peters will also hear from a panel of former executives including from Twitter and Facebook.

The committee said the hearing will be an opportunity "to understand the extent to which social media companies’ business models, through algorithms, targeted advertising, and other operations and practices, contribute to the amplification of harmful content and other threats to homeland security."

The company officials testifying including Meta

Chief Product Officer Chris Cox, YouTube Chief Product Officer Neal Mohan, TikTok Chief Operating Officer Vanessa Pappas and Twitter General Manager of Bluebird Jay Sullivan.

This will be the 31st time a Facebook or Meta executive has testified before Congress in the last 5 years.

Last year, Peters pressed social media firms for more information regarding their companies’ policies to monitor and remove extremist and conspiracy content that advocates violence.

Peters has reviewed how social media platforms amplify what he termed "domestic extremist content.

"In attack after attack, there are signs that social media platforms played a role in exposing people to increasingly extreme content, and even amplifying dangerous content to more users," Peters said at a 2021 hearing.

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01-05-2024 10:45:17 (UTC+7)

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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