On 1st October CEO Mark Zuckerberg answered tough questions from employees who are concerned about the company’s future. In leaked transcripts he had discussed plans to beat Tik Tok, the political movement to break Facebook, Stragegies for friends who don’t like Facebook.
He mentioned Tik Tok is really doing well around the world and it’s the first consumer internet product built by one of the Chinese Tech Giant. It has attracted wide population in India and is quickly growing. It has started doing well in the U.S also, mainly focused on youngsters.
Zuckerberg indicated that if Warren became president, the company would pull out all the stops to keep itself whole. “At the end of the day, if someone’s going to try to threaten something that existential, you go to the mat and you fight,” the transcript reads.
Facebook’s mission is “to give people the power to build community and bring the world closer together.”
Senator Elizabeth Warren responded publicly “Facebook is doing pretty well right now. They’ve acquired potential competitors WhatsApp and Instagram. More than 85% of all social networking traffic goes through sites owned or operated by Facebook. They’ve got a lot of power—and face little competition or accountability.” And said she will not be bullied.
In response to the massive leak, Mark Zuckerberg announced a live streaming weekly internal question-answer session to his 117.5 million followers. This has given a remarkable response to the employee to leaked the transcripts and he’s turning a criticism that Facebook is too closed. The company has an internal meeting to discuss private things, so no shock if Facebook is doing so. Now Facebook will have open internal meetings, which means at least outside world will get something insights on internal factors and working of the world’s largest social networking company.
In a public post, Zuckerberg stood by his remarks and linked it to a full transcript. He called it “an unfiltered version” of what he’s thinking and telling employees.
“Even though it was meant to be internal rather than public, now that it’s out there, you can check it out,” he said in the post.
Warren, the presidential hopeful, also had a response for Zuckerberg.
“Let’s talk a bit about my plan to #BreakUpBigTech and why it’s got Mark Zuckerberg so worked up,” she tweeted.