Facebook Is an 'Extraordinary Failure in Leadership,' NYU's Galloway Says

The transcript discusses the leadership failures at Facebook, particularly focusing on Mark Zuckerberg and Sheryl Sandberg's handling of crises like the Cambridge Analytica scandal. It highlights issues with corporate governance, such as the concentration of power in Zuckerberg's hands. The discussion also covers public perception, advertiser behavior, and the debate over Facebook's role in moderating content. The transcript critiques Facebook's prioritization of profit over social responsibility and compares government responses to Big Tech in the US and Europe, noting Europe's more aggressive stance.

What was one of the major PR blunders mentioned in the discussion about Facebook's leadership?

• Mark Zuckerberg's comments on Holocaust deniers

• The launch of a new Facebook feature

• Sheryl Sandberg's public apology

• Facebook's response to data breaches

What structural issue at Facebook limits the power of its board of directors?

• Insufficient financial resources

• Frequent changes in leadership

• Dual-class share system

• Lack of experienced board members

Despite controversies, which platform is seeing increased advertising spend?

• LinkedIn

• Twitter

• Instagram

• Snapchat

What is the main reason for the US's lenient stance towards big tech companies?

• Lack of legal framework

• Public support for big tech

• Economic benefits

• Cultural differences

Which region is expected to impose significant fines on big tech companies?

• Australia

• North America

• Asia

• Europe

What is the potential consequence of Facebook's refusal to address certain issues?

• Higher profits

• Increased user engagement

• More advertising opportunities

• Regulatory intervention

Who is identified as a key figure in challenging big tech in Europe?

• Angela Merkel

• Boris Johnson

• Margrethe Vestager

• Emmanuel Macron