May 2019

Facebook co-founder Chris Hughes: Time to break up company

Facebook co-founder Chris Hughes says it’s time to break up the social media behemoth. In a New York Times opinion piece published Thursday, Hughes said CEO Mark Zuckerberg has turned Facebook into an innovation-suffocating monopoly. Hughes called Zuckerberg’s power “unprecedented and un-American” and said his co-founder’s focus on growth “led him to sacrifice security and […]

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Trump Says China Tariffs Will Increase as Trade Deal Hangs in the Balance

It remains unclear whether the talks can get back on track. An administration official described Mr. Xi’s letter to Mr. Trump as conveying a nice, diplomatic tone, but noted that the word “equality” was included, suggesting that China believes the United States is demanding too much and that a trade agreement must be more equitable.

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The Latest: Trump proposes end to ‘surprise medical bills’

The Latest on President Donald Trump‘s effort to limit “surprise medical bills” (all times local): 1 p.m. President Donald Trump is ratcheting up pressure on the pharmaceutical industry to lower prices and announcing a new effort to end “surprise medical bills” for patients with health insurance. At a White House event Thursday on medical billing

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Chris Hughes Essay on Breakup Draws an Objection From Facebook

Facebook pushed back Thursday after Chris Hughes, a billionaire co-founder of the company, argued in a New York Times Op-Ed essay that the company should be broken up and regulated. “Facebook accepts that with success comes accountability,” Nick Clegg, Facebook’s vice president for global affairs and communication, wrote in a statement. “But you don’t enforce

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