Facebook's Short-Term Potential Could Be Greater Than Its Long-Term Potential...READ MORE
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 | | Facebook's Short-Term Potential Could Be Greater Than Its Long-Term Potential | | | CNN reported last month that, "Mark Zuckerberg is finally coming face to face with a top UK official who'd like to regulate Facebook. [SPONSORED CONTENT] | | | 3 Hot Marijuana Picks to Buy Now In the first two months after California dispensaries started to legally sell recreational marijuana, companies in the cannabis industry increased by nearly $2 billion in value. And now Canada just legalized recreational marijuana. Savvy investors are already grabbing positions in these 3 picks that are set to soar. | |
After avoiding multiple requests to testify in front of a UK parliamentary committee, the Facebook CEO is set to meet … with Jeremy Wright, the UK secretary for digital, culture, media and sport.
The private meeting is part of Wright's Silicon Valley tour ahead of the release of a plan that will lay out how the UK government could better regulate internet companies.
Wright told CNN that he plans to tell Zuckerberg that he should show up to testify in front of the UK parliament in order to explain Facebook's approach to data privacy and efforts to stem the spread of misinformation.
"I think it would be an opportunity for him to make the case," Wright said shortly after meeting with executives at Google, one of several major technology companies. "And if he doesn't do that, there will be a suspicion — and indeed there is — that he doesn't have a good case to make."
The meetings come after "a scathing UK parliamentary report likened Facebook to "digital gangsters" that knowingly violated data privacy and competition law."
Regulation is a long-term risk that Facebook faces but the short term outlook could be bright as we explain in our latest article. In fact, in the short run, Facebook could deliver a potential gain of more than 60% in a little more than a month.
We explain the trade strategy and the specific trading opportunity in our latest free educational article that is available right here.
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