Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 17 October 2012 10:05

Using Facebook funds Republican campaign

Written by Nick Farrell



Social notworking friends the GOP


The Social Notworking site Facebook has spent $140,000 "friending" Republicans this election. To be fair it also gave some cash to Democratic candidates too, but not quite as much – about $127,000. The payments have been uncovered during a CNNMoney review of federal records released Monday.

Microsoft stayed away from influencing Washington politics in the early days of their formation. But Facebook (FB) wants to be a political player early in its history. Part of the reason for this is that if you do not bribe the right politicians in the US, you could end up on the receiving end of  legislation that could restrict Internet companies from collecting and using members' information. This would stop Facebook's from using its members data to make lots of dosh. When it comes to bribing politicians, it does not really matter if they are Democratic or Republican.  They will all do you a turn if you help them get elected.

But politicians on both sides of the house are getting concerned about online privacy. Well they aren't, the people who vote for them are. Facebook seems to believe that it is the GOP who are going to come out on its side. Although technology companies appear to be liberal, the IT industry has doled out more to GOP candidates, $2.78 million, compared with $2.45 million to Democrats.

Microsoft, Cisco and eBay have all given more to Republicans, according to monthly filings through the end of August. Google has given out a total of $652,000 almost equally to both parties, with Republicans edging out Democrats by $500.
Facebook has not given any cash to the presidential race.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments