We now have an explanation for Facebook's bizarre indecision on political ads: Peter Thiel.
Despite months of reports — usually attributed to unnamed company sources — that Facebook is considering some kind of pullback from its controversial rules that allow politicians to lie in paid ads, the reason the company hasn't actually moved on the issue is because Peter Thiel doesn't think it's a good idea.
The Facebook board member, Cambridge Analytica funder, and Trump supporter "is extending his influence while the company’s board and senior ranks are in flux"to advertisements from politicians, according to a new report in The Wall Street Journal. He has argued that Mark Zuckerberg should stand by his earlier decision. Read more...
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