NBC’s Carol Lee: ‘Facebook Is Facing a Huge Crisis’

‘The stock fell sharply finishing down more than 7%’

EXCERPT:

LEE: "Yeah, I think that this particular incident is the thing that seems like it’s going to finally get the lawmakers and Facebook to sort of figure out a path forward. I mean, Facebook is facing a huge crisis here. I was speaking to someone yesterday who said they recognize that and it’s all hands on deck. And it’s not just here in the U.S. where they’re under pressure but also in the U.K., Mark Zuckerberg is under pressure and they’re starting to be spoken to in a language that they understand. Their stock is dropping. There’s has tags that are anti-Facebook. saying 'Delete your Facebook,' and so you know, we’ve seen them time and again try to push things off and make excuses and this feels different. This feels like they’re actually going to have to do something."

Video files
Full
Compact
Audio files
Full
Compact