 "Think tank asks panel to probe Facebook's lobbying practices in India")
Facebook and Amazon set records for lobbying in the second quarter as Washington ramped up scrutiny of big techy companies, while Google’s spending dipped as it continued to reshuffle its influence operations.
The world’s largest social media site spent more than $4.1 million on lobbying, the most among big internet platforms, an increase from its previous high in the same period a year earlier. Facebook disclosed lobbying around blockchain, the technology that underlies cryptocurrencies. The company has been trying to win support for its Libra cryptocurrency, which drew skepticism from President Donald Trump, congressional Democrats and Federal Reserve Chairman
The world’s largest social media site spent more than $4.1 million on lobbying, the most among big internet platforms, an increase from its previous high in the same period a year earlier. Facebook disclosed lobbying around blockchain, the technology that underlies cryptocurrencies. The company has been trying to win support for its Libra cryptocurrency, which drew skepticism from President Donald Trump, congressional Democrats and Federal Reserve Chairman
