How Democrats’ victory in the midterms will be good for Facebook
The Democrats have retaken the House of Representatives. If you’re a social media company concerned both about your public image and the . threat of regulation, is this a good thing or a bad thing?
On the good side, the regulatory environment looks … favorable? A divided Congress means that few major bills are likely to make it to the president’s desk, leaving the status quo more or less as is. Better still, we will likely be spared any more Congressional hearings on the case of Diamond and Silk, or on any other voices claiming to have been “censored” because their organic reach is slipping.
That said, a national data privacy law — one that would almost be certainly weaker than California’s, which it would supercede — seems at least…