Facebook, Alphabet, Twitter CEOs To Testify Before Congress In March Over Misinformation: CNBC

Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) CEO Sundar Pichai, and Twitter Inc (NYSE: TWTR) CEO Jack Dorsey have been summoned by the House Energy and Commerce Committee on March 25 over alleged perpetration of misinformation regarding the COVID-19 vaccine and elections on their respective social media platforms, CNBC reports.
Zuckerberg has been summoned the maximum number of times by Congress, with the March hearing being the fourth time and third time for his counterparts.
“We must begin the work of changing incentives driving social media companies to allow and even promote misinformation and disinformation,” Committee Chairman Frank Pallone, D-N.J., said in a statement.
The last year’s summons to Zuckerberg and Pichai pertained to their competitive behavior and legal liability shield. Dorsey and Zuckerberg have denied censorship allegations in their previous summons.
Price action: FB shares are up 0.36% at $270.35 in the pre-market session on the last check Friday. TWTR shares are up 0.64% at $72.72. GOOGL shares are up 0.57% at $2,129.