Too much regulation will hand tech leadership to China, says former Facebook board member
"I think even regulating them to the extent that everybody's now talking about, I think it'd be very bad for the country," Graham told CNBC. "I think that it's very likely to happen.
I think the best thing that Google and Facebook have going for them is that not much gets done in Washington."reporting Friday that Facebook has said it is willing to invite more oversight of its data collection, which could potential include checkups from a third-party watchdog approved by the agency.
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