- Mark Zuckerberg in a debate said he is worried about China’s way of internet regulation.
- He emphasised that other countries should counter the Chinese model.
- Facebook recently purchased GIF-making company, Giphy.
Facebook CEO, Mark Zuckerberg has drawn attention to China's way of regulating the internet.
Zuckerberg said that he was worried about other countries replicating the Chinese model of internet regulation.
He spoke about values in the west being different from Chinese values.
"Just to be blunt about it, I think there is a model coming out of countries like China that tend to have very different values than Western countries that are more democratic," CNBC quoted Zuckerberg as saying in a live-streamed discussion with EU official Thierry Breton.
Zuckerberg further said that all countries should try and counter China's way of regulating the internet and follow a more democratic approach.
Zuckerberg said that the best antidote to China's approach is having a framework that comes out of Western democratic countries.
"I worry about that kind of model spreading to other countries," Zuckerberg said Monday of China's stance. "And I think that the best antidote to that is having a clear framework that comes out of Western democratic countries and that can become a standard around the world."
Zuckerberg has been critical of Chinese policies in the past as well. He has criticised TikTok for not showing enough content on the Hong Kong protests that took place in 2019.
Zuckerberg also said that cooperation between companies and governments is inevitable.
He praised Brussels' 2018 overhaul of privacy laws. He claimed that the reforms have prompted Facebook to change its approach to data privacy around the world.
Breton, who is the former CEO of France Telecom, now Orange and the European commissioner for internal market told Zuckerberg that the EU could further pile regulation on the tech giant with respect to things like market power.
In other news, Facebook is buying GIF-making company, Giphy, for a reported price of $ 400 million. According to Facebook, 50 percent of all of Giphy's traffic comes from its apps, with half of that coming from Instagram alone, The Verge reported.
Giphy will then fall under the umbrella of Instagram but for now, people will be able to use it as they are.
Vishal Shah, Instagram's VP of product, in a blog post said, "People will still be able to upload GIFs; developers and API partners will continue to have the same access to Giphy's APIs; and Giphy's creative community will still be able to create great content."
Facebook's competitors, Apple Inc. 's iMessage, Twitter, Signal, TikTok rely on Giphy. After the deal is done, Facebook could get hold of its competitors' data by getting access through GIF searches, a report by Bloomberg noted.