Zuckerberg threatened to pull investment from the UK

Minutes of a 2018 meeting show Facebook chief complaining UK was anti-tech and saying he might look elsewhere in Europe to invest Facebook founder Mark Zuckerberg threatened to pull investment out of the UK if the government did not look to soften its stance on the regulation of Silicon Valley companies, according to a document published on Tuesday. In response Matt Hancock, who held the meeting with Zuckerberg in 2018 when he was culture secretary, said that the UK could “shift from threatening regulation to encouraging collaborative working to ensure legislation is proportionate and innovation-friendly”. Continue reading...
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