Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Facebook asks employees to preserve internal documents for legal inquiries

Published 10/27/2021, 03:39 PM
Updated 10/27/2021, 04:02 PM
© Reuters. FILE PHOTO: The Facebook logo is displayed on a mobile phone in this picture illustration taken December 2, 2019. REUTERS/Johanna Geron/Illustration

(Reuters) - Facebook Inc (NASDAQ:FB) has told its employees to preserve all internal documents and communications for legal reasons, as governments and regulators have started inquiries into its operation.

The increased scrutiny comes after former Facebook employee and whistleblower Frances Haugen leaked documents which she said showed the company chose profit over user safety.

Earlier in October, Senate Commerce Committee Chair Maria Cantwell called on Facebook Chief Executive Officer Mark Zuckerberg to preserve all documents related to a testimony from Haugen.

"On Tuesday, Facebook sent a legal hold notice to all personnel. Document preservation requests are part of the process of responding to legal inquiries," a Facebook spokesperson said.

The news was first reported by the New York Times. (https://nyti.ms/3EmOR3X)

Latest comments

Will the "internal document" that said to exclude the bombshell NY Post Hunter Biden story? You know, the story that had 10% of Biden voters known, would not have voted for Biden? Also.. Let's go Brandon.
Leftists consider anything that they disagree with to be "misinformation". This is nothing but an attempt to create a Ministry of Truth, since leftist ideology cannot stand up to debate and scrutiny they have to resort to fascism and censorship. The amount of things that we were told was "misinformation" that we know is truth is growing by the day. Conspiracy theorists have ben right a lot more than the media and White House lately.
Leftists consider anything that they disagree with to be "misinformation". This is nothing but an attempt to create a Ministry of Truth, since leftist ideology cannot stand up to debate and scrutiny they have to resort to fascism and censorship. The amount of things that we were told was "misinformation" that we know is truth is growing by the day. Conspiracy theorists have ben right a lot more than the media and White House lately.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.