Facebook has hired former UK Deputy Prime Minister Sir Nick Clegg as head of its global affairs and communications team. The 51-year-old politician was leader of the Liberal Democrats and formed a coalition government with David Cameron and the Conservatives in 2010, reported The Guardian.
Facebook has faced intense scrutiny and the threat of government regulation following the Cambridge Analytica data scandal and alleged election meddling.
Clegg’s appointment is said to have come after he was wooed by Zuckerberg for months. The Facebook founder succeeded in getting him on board by guaranteeing he would have a leading role in shaping the company’s strategy. Sheryl Sandberg, Facebook’s chief operating officer, was also involved in Clegg’s recruitment.
Full Content: The Guardian
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI