"FB PAC give our employees the opportunity to present their voice in the political process by supporting candidates who share our objectives of promoting the value of innovation in our economy, to divide the people the power to hear and the more open and connected. "the company said in a statement.
This result comes at an opportune time for Facebook introduced, because of all the privacy and security as a result of the new features in the F8 conference. Facebook has often been criticized by politicians for their policies regarding the privacy of users. If not careful, could Facebook to suffer from a rigid regime.
The PAC donated $ 5,000 candidates in every election Facebook, plus $ 15 000 per year for their holidays. Google already has its own PAC and have donated more than $ 300,000 to various candidates in the 2010 elections, the medium term.
Facebook could reach that number, or maybe even more. His interest in the political arena is growing as the economy grows, and this is only a partial picture of the PAC. It's been a lot of money to political heavyweights through the maze of politics in Washington was able to rent maneuvers. Facebook COO Sheryl Sandberg, for example, was formerly the Chief of Staff Larry Summers, Clinton Treasury. Facebook also has people who worked for President Bush and President Obama.
This development may have some influence, such as Facebook is free to implement its policy in the coming years and thus a factor in the privacy and security of its users.
When all is said and done, Facebook is simply a company to protect its own interests. This is not the only member of the Silicon Valley who are more involved in the mater DC.
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