Facebook's Lobbying Spending Cools In Q2
Facebook's lobbying tab in the second quarter was a healthy $1.06 million, according to disclosure forms filed with the U.S. Senate Sunday night. While strong, the second-quarter figures were off the blistering pace set by the social network in the first quarter of the year, $2.45 million, which put the company ahead of its Silicon Valley rivals.
Facebook’s lobbying tab in the second quarter was a healthy $1.06 million, according to disclosure forms filed with the U.S. Senate Sunday night. While strong, the second-quarter figures were off the blistering pace set by the social network in the first quarter of the year, $2.45 million, which put the company ahead of its Silicon Valley rivals.
The $1.06 million number reflects the lobbying activity of Facebook itself. The company continues to hire outside firms with contacts and expertise working with Democrats or Republicans in order to educate lawmakers about issues critical to the social network’s operations, such as immigration reform, privacy, and cybercrime.
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