The statement came when Attorney General Maura Healey, a democrat from Massachusetts asked Clinton which company she would want to be the CEO of.

Hillary Clinton would like to be Facebook CEOImage source: Twitter
Atom Facebook Monday, May 28, 2018 - 12:25

Former US Secretary of State Hillary Clinton might be willing to swap a life in politics to lead the world's largest social-networking company, a media report said.

On being asked by Attorney General Maura Healey, a democrat from Massachusetts, which company she would want to be the CEO of, Clinton didn't pause before quickly answering "Facebook", CNET reported on Friday.

"It's the biggest news platform in the world. Most people in our country get their news -- true or not from Facebook," Clinton was quoted as saying.

The former US presidential candidate was at Harvard on Friday receiving the Radcliffe Medal, which honours people who have "had a transformative impact on society".

She also acknowledged that Facebook is tackling with a few unexpected consequences of its business model.

Facebook is working to win back its users' trust following a series of recent controversies, including the Cambridge Analytica scandal, in which data from as many as 87 million Facebook users was improperly shared with the political consultancy.

In a bid to prevent foreign interference into elections, Facebook has also begun labelling all political and issue ads in the US -- including a "Paid for by" disclosure from the advertiser at the top of the advertisement.

Advertisers wanting to run ads with political content in the US will also need to verify their identity and location.

Facebook also will be undergoing major rehaul at the topdeck. After WhatsApp CEO Jan Koum gave up his board seat, the board of directors are looking for a new director to fill in the seat.

According to reports, Jeff Zients, the CEO of multinational Cranemere, will join Facebook's board from May 31, which also happens to be the day of Facebook's shareholder meeting. 

Koum’s company was acquired by Facebook for $16 billion in 2014, but he left Facebook, leaving nearly $1 billion in unvested stock on the table. 

Also read: Oyo to invest Rs 100 cr in Andhra Pradesh over 5 yrs, expand room count to 20,000

Show us some love and support our journalism by becoming a TNM Member - Click here.