Facebook Ramped Up Lobbying By 314 Percent In 4Q
Facebook is increasingly becoming a player in Washington, D.C., and not just because of social media's influence on politics. MarketWatch reported Wednesday that Facebook spent $1.4 million on lobbying in the fiscal fourth quarter — a 314 percent increase from what it sent to politicians during the same time period in 2011.
Facebook is increasingly becoming a player in Washington, D.C., and not just because of social media’s influence on politics. MarketWatch reported Wednesday that Facebook spent $1.4 million on lobbying in the fiscal fourth quarter — a 314 percent increase from what it sent to politicians during the same time period in 2011.
According to documents filed Tuesday, Facebook spent its money on lobbyists for a variety of causes: international regulation of software companies, restriction of Internet access by foreign countries, and protecting online freedom of expression.
Other areas of interest for Facebook included the reform of the immigration system (namely temporary high-tech worker visas and employment-based permanent residency), cyber security, and education regarding online advertising.
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