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International

Facebook and Google criticised by George Soros

13:05, Friday, 26 January, 2018
Facebook and Google criticised by George Soros

The billionaire investor George Soros has criticised tech "monopolies" such as Facebook and Google, calling them a threat to democracy.

At his annual dinner at the World Economic Forum in Davos, Mr Soros warned that social media platforms were "obstacles to innovation".

He raised concerns about their power to shape people's attentions.

However, he predicted their days were numbered because tax policy and regulation would catch up with them.

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