On Wednesday, Sheryl Sanberg, the COO of Facebook, stated that the said social media company would work with the winner of the 2020 U.S. Presidential Elections for their concerns regarding Big Tech.
“It’s our job to work with anyone in the office whether or not they’re within the Senate or wherever all over the world, to handle these considerations.”
Facebook COO Sheryl Sanberg during the CNBC Small Business Playbook virtual summit
She believes that there is an actual concern regarding American tech companies’ power and scale, both locally and internationally.
Sanberg’s statements were in response to CNBC’s Jim Cramer’s question of her opinion about Joe Biden’s comments last May on potentially investigating Facebook due to its vast size.
Joe Biden is currently the presidential pick of the Democratic Party. Sanberg commented that the reason for Facebook’s large size is that it aids many small businesses and enables ads for target consumers.
Moreover, Sanberg firmly stated that Facebook would continue to focus on the empowerment of small businesses and make more investments moving forward through the year 2020. In her response, Sanberg also indicated that their company has the necessary assets to make substantial investments in the future.
A few months ago, Facebook prepared a program amounting to $100 million to aid small businesses affected by Covid-19. Following through in May, the company launched Facebook Shops to enable business owners to showcase their products online and put them available for sale.
Last June, the company also gave $200 million to businesses and organizations that black people owned to partake in the movement of “Black Lives Matter.” Facebook CEO Mark Zuckerberg simultaneously announced the use of the Voting Information Center during the same month.
This Facebook feature was confirmed by Sanberg to be released this week on top of the website’s News Feed and Instagram. The feature will give details on voting specifications, including the time to vote, voting methods, steps in registering, voting by mail, and early voting.
Sanberg believes that these are crucial in the election. But, with the recent rise of the pandemic, she also deems it necessary to pay attention to the ability to adapt to online voting.
“That was essential in any election, however, with the coronavirus considerations about polls closing and ‘How do I do that now in an extra online world?’ that is much more essential.”
Sheryl Sanberg
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