Soros Says Google, Facebook Are Near-Monopolies That Spur Addiction
- Billionaire calls for stringent regulation of tech giants
- Social media risks empowering corporate, state surveillance
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George Soros struck at social media giants Facebook Inc. and Google, declaring them monopolies that foster addiction, threaten independent thinking and risk empowering state-sponsored surveillance.
“They deliberately engineer addiction to the services they provide,” Soros said in a speech in Davos, Switzerland on Thursday. “This can be very harmful, particularly for adolescents.”