Facebook CEO Mark Zuckerberg kicked off a quarterly earnings call by addressing the latest wave of coverage based on a trove of leaked internal documents.
CNN is reporting on Zuckberberg’s response to recent bad publicity over his social media platform. “Good faith criticism helps us get better, but my view is that we are seeing a coordinated effort to selectively use leaked documents to paint a false picture of our company,” Zuckerberg said. “The reality is that we have an open culture that encourages discussion and research on our work so we can make progress on many complex issues that are not specific to just us.”
CFO Dave Wehner said Facebook is investing so heavily in this newer division that it will reduce “our overall operating profit in 2021 by approximately $10 billion.”
In a statement with the results, Zuckerberg also focused on what’s next: “I’m excited about our roadmap, especially around creators, commerce, and helping to build the metaverse.”