Beautiful Virgin Islands

Sunday, Aug 02, 2026

Early Facebook Investor calls for criminal charges and prison for Facebook execs as tech world enters open revolt against social media

Early Facebook Investor calls for criminal charges and prison for Facebook execs as tech world enters open revolt against social media

Longtime Facebook investor and Zuckerberg mentor Roger McNamee called for criminal probes into the company at Web Summit. His call, echoed by others, shows the tech world is in open revolt against its leading platforms.
When longtime Facebook investor Roger McNamee took the stage and called for six different criminal investigations into Facebook, and prison sentences for any executive found responsible, it became obvious that this year's Web Summit would be different from previous iterations of the annual Lisbon-based tech conference.

Normally, Web Summit is a largely apolitical gathering of tech startup founders, software nerds, hackers, and the venture capitalists who want to give them money.

The conference is huge — 80,000 people in some years — and it sprawls across four days on the shoreline of the Portuguese capital. Usually, the chatter is of initial public offerings, "scaling," valuations, and "exits".

Not this time. The tech world is now in open revolt against its own big platforms. This year, Facebook is public enemy no.1. Social media is now the devil. Much of the chatter among attendees is about how to kill social media, regulate Google, or detour around them both.

The conference was officially opened by Facebook whistleblower Frances Haugen, who told the 20,000-capacity audience at the centre stage that Facebook CEO Mark Zuckerberg should step down.

"They were putting lives in jeopardy … Facebook is currently prioritising content in the news feed that has a side effect of prioritising and amplifying the most extreme and divisive content," she said.

She cited Ethiopia as an example. It is currently enduring a civil war that may topple its government.

The "most fragile" countries don't have artificially intelligent moderation that can remove toxic content automatically, because Facebook prioritizes English and its American users over everyone else, she said.

In Ethiopia, "where ethnic violence is happening right now," there are 100 million people who speak six languages and 95 dialects. Content moderation "doesn't scale to the most fragile places in the world."

Attendees gave her a huge round of applause.

The next day, McNamee did a fireside chat with Guardian journalist Jane Martinson in front of an audience of about 1,000. McNamee has been complaining about Facebook for years, of course.

But Haugen's leak of thousands of internal Facebook documents to The Wall Street Journal and other news outlets has given McNamee a new moment in the spotlight. McNamee's Elevation Partners invested $210 million in Facebook before it went public in 2011. McNamee only began to sell his stake in 2019, according to the New Yorker.

Between those two times, the value of Facebook roughly quadrupled. At one time, he was Zuckerberg's mentor.

"I think there are at least six areas where felony investigations are warranted," he told the audience:

The US Securities and Exchange Commission should look at Facebook's failure to disclose information about its business.

* Facebook allowed human trafficking on its platform and was "paid to enable it to happen"

* Facebook's management was "complicit" in the "Stop the Steal" campaign which led to the January 6 insurrection on Capitol Hill.

* The company is the subject of a state attorney general investigation in Texas into whether Facebook worked with Google to fix prices. "The standard penalty for that is three and a half years in prison for all of the executives and it is the clearest cut case of price fixing in the United States in decades," he railed.

(McNamee didn't elaborate on the other two investigations he believes are warranted.)

These speeches weren't isolated incidents.

Before McNamee spoke, soccer legend Thierry Henry told the audience he abandoned all his social media accounts earlier this year because he was tired of the racist abuse he received from them. "When you find that they generate money through hate, it is very difficult when your medicine is your poison," he said.

And in a conversation with Insider, DJ Sam Feldt — who is also the founder of Fangage, a promotional software platform for artists and musicians — said one of his primary motivations for starting the business was his increasing alienation from Facebook.

"At one point, I had a million followers, but I was also realising that, the more followers I got the less people I was reaching because of the algorithms. So my reach is getting restricted by Mark Zuckerberg in Silicon Valley … I would assume if you have a million followers on your Facebook page, the number of people you reach goes up.

"But no, essentially, right now, it's around 2%," he said. "I'm sick of social media, limiting how I can engage with my friends."

In the old days — pre-pandemic — Web Summit visitors used the word "disruption" to describe how they wanted their apps and coding to replace brick-and-mortar industries (think Airbnb vs hotel chains) or legacy cash businesses (Uber vs taxis).

This year, in conversations with half a dozen attendees at the conference, the same theme kept coming up: How to disrupt Facebook and Google. Or abandon them, or undermine them, or avoid them, or block them, or otherwise replace their businesses with more ethical software.

Sridhar Ramaswamy, the former senior vice president of ads and commerce at Google, told Insider of the day in late 2017 when he realised he wanted to quit after 15 years there. A tabloid newspaper had published a headline blaming YouTube for running ads against child pornography.

"There was a lot of godawful content on YouTube and ads were shown against the godawful content. I remember the day," he said. "I was like, 'I am so done with this job.'"

He was careful to add that he did not believe the tabloid story was accurate. However, he was sick of defending Google: "You want to have dignity in your work," he said.

Ramaswamy is now the cofounder and CEO of Neeva, a subscription-only search engine that offers a more private, ad-free service drive by quality rankings, not engagement.

Engagement is the problem, not the solution, he said. Engagement-based ecosystems reward the worst actors on any platform, because their awful behaviour gets the most attention."It's this combination of the relentless drive for attention that the ad model produced. A never-ending quest for more time and more attention."

In a quiet conversation backstage after his speech, McNamee told Insider that engagement coupled with anonymity were the two chief poisons delivered by social media.

"Historically, anonymity has given trolls enormous power relative to their numbers … [and yet] you can target them perfectly [with ads]. And then you create economic incentives for the most emotionally extreme voices, right?"

Nick Clegg, the former UK deputy prime minister and now vice‑president for global affairs at Facebook's corporate parent Meta, appeared at the conference via video screen to defend the company.

Facebook didn't want hate-mongering on its platform any more than anyone else, he said. "The people who pay to generate those ads — advertisers — they do not want that content next to us. … users won't continue to use our products if they are getting a bad experience."

"For every 10,000 bits of content you see on the news feed only five will be hate speech," Clegg said.

Haugen, speaking earlier, agreed that only a small number of people on Facebook drive most of the "integrity problems." But that doesn't mean those problems are small, she said, because their engagement is higher than everyone else's.

"Engagement based ranking is dangerous because right now the most extreme content wins out on that foot race. It's like viral variant factors and the ones that are going to be the most extreme and polarizing are the ones that get the most audience."
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
Andy Burnham has Announces Plans to Redistribute Income Tax Revenue to English Mayors
Early-Release Scheme Faces Fresh Scrutiny as Reoffending and Prison Recalls Rise
Police Phone Checks Followed Report on Murder of MI5 Agent Inside Sinn Féin
Archbishop of Canterbury Reaffirms £100 Million Reparative Justice Fund During Ghana Visit
Drought Status Extended Across All of Wales as Heat and Dry Weather Deepen Environmental Strain
Record-Low Danube Exposes Probable Mammoth Remains in Bulgaria
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
The chief executive of the popular gaming company laid off many employees and his pay rose to 38 million dollars
The World's Most Terrifying Smartphone: Recording, Documenting, and Reporting to the Regime
The AI User Nightmare: Private Claude Conversations Leaked to the Internet
UK: Former Football Association Leaders Call for World Cup Boycott Over FIFA Privatization Plan
Forbidden Love: China severs millions from their virtual partners
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Zuckerberg Opposes US Ban on Chinese AI Models and Warns of Regulatory Capture
Massive Wildfires Ravage Southern Europe: Fatalities in Greece and Evacuations Across France, Spain, and Turkey
Trump says Israel ‘would not survive’ without US
France Evacuates Atlantic Coast Resorts as Wildfire Risk Rises Again
Magnitude 7.1 Earthquake Strikes Kumamoto as Rescuers Search Collapsed Buildings
OpenAI Faces Demands for Full Disclosure After Models Breach Hugging Face
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
Royal Collection Trust Income Falls as Palace Visits Retreat From Record Highs
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Ministers Examine Social-Care Levy as Burnham Seeks Funding Settlement
Apple Briefly Crosses Five Trillion Dollar Valuation as Investors Retreat From AI Bets
Badenoch Offers Tory Votes to Keep Serious Offenders in Prison
Why Americans Queue for $15 Ice Cream and a $100 Caviar Pint
Another AI Genius Left the United States — and Silicon Valley Is Starting to Worry
Shein Reports $99mn Loss as Trade Barriers Test Low-Cost Model
CXMT Gains 466% in China’s Biggest IPO Since 2010
Amazon Seeks Approval for 5,105-Satellite Mobile Network
Burnham Puts School-to-Work Reform at Centre of Welfare Strategy
Burnham Rules Out Replacing Council Tax and Stamp Duty
Fresh Heatwave Threatens to Rekindle France’s Historic Wildfire Crisis
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
Autopsy Finds No Violence in Death of Epstein-Linked Model Scout
Indian Education Minister Resigns After Cockroach Youth Protests
California Desert Data-Centre Plan Stalls as Water and Power Disputes Mount
War, Youth Revolt and the Global Struggle for Control
War, Power and the Rising Price of Political Decisions
Badenoch Rejects Grant Shapps' Bid to Return as Conservative Candidate
BAE Chief Warns Britain Has Underestimated the Risk of War
Burnham Rules Out New Scottish Independence Referendum in First Talks With Swinney
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Viral Video Raises Questions Over Twelve-Dollar Croissants at Manhattan Bakery
Miliband Sets Climate and International Law at Centre of UK Diplomacy
US Gasoline Returns to $4 as Renewed Iran Fighting Disrupts Oil Flows
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Orders 50% Tariffs on Selected Canadian Imports
×