Eleven years ago, Facebook was caught red-handed after it hired a prominent public relations firm to try to plant stories harshly criticizing Google’s privacy practices in leading news outlets.
In 2018, it hired the PR firm Definers to do opposition research on the company’s critics, including billionaire philanthropist George Soros. The company's longtime head of communications, Elliot Schrage, took the blame for approving the hiring of Definers and similar firms and left Facebook.
On Wednesday, The Washington Post reported that Meta, Facebook's parent company, is using similar tactics to go after another rival TikTok. Meta, the Post reported, hired a Republican consulting firm called Targeted Victory to “orchestrate a nationwide campaign” against TikTok.
Targeted Victory, according to the Post, contracted with dozens of public relations firms across the U.S. to help “sway public opinion against TikTok” by planting local news stories and helping place op-eds targeting TikTok around the country, the story says.
Meta confirmed that it has hired Targeted Victory.
“We believe all platforms, including TikTok, should face a level of scrutiny consistent with their growing success," spokesman Andy Stone said in a statement.
Zac Moffatt, the CEO of Targeted Victory, said the company “manages bipartisan teams on behalf of our clients.”
“It is public knowledge we have worked with Meta for several years and we are proud of the work we have done,” he said in a statement.
The Post obtained internal emails from Targeted Victory that outlined a campaign to undermine TikTok, which is owned by the Chinese company ByteDance. The firm used a mix of “genuine concerns and unfounded anxieties” about TikTok in order to try to turn public and political sentiment against it.
According to the report, Targeted Victory was also working to get “proactive coverage” about Facebook into local media, including “submitting letters and opinion pieces speaking glowingly of Facebook’s role in, for instance, supporting Black-owned businesses.”
“We are deeply concerned that the stoking of local media reports on alleged trends that have not been found on the platform could cause real world harm,” TikTok said in an emailed statement.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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