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April 21, 2011 06:30 pm GMT
It's no secret that Facebook is deepening its ties with the Beltway crowd. As we saw yesterday, the company hosted a town hall meeting with President Obama and has steadily ramping up its lobbying efforts in 2010, spending over $350,000 on lobbying efforts last year. But the company recently disclosed its Q1 spend on lobbying and the company shelled out a record $230,000 on lobbying activities in the quarter, which is up by over 400 percent from $41,390 spent in Q1 2010. This data is recorded in the U.S. Senate's lobbying database.Policy areas of focus for Facebook this year include global regulation of software companies and restrictions on internet access by foreign governments; online safety measures, internet privacy regulations, cyber security, and FCC regulations on net neutrality. A new issues that the company spent lobbying resources on is discussing House, Senate, and Government rules to allow more Government and Congressional offices to access social media to engage with citizens. 
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/EuMBfBISqVI/
Facebook Ramps Up Lobbying Spend In Q1 2011, Up 400 Percent To A Record $230K
It's no secret that Facebook is deepening its ties with the Beltway crowd. As we saw yesterday, the company hosted a town hall meeting with President Obama and has steadily ramping up its lobbying efforts in 2010, spending over $350,000 on lobbying efforts last year. But the company recently disclosed its Q1 spend on lobbying and the company shelled out a record $230,000 on lobbying activities in the quarter, which is up by over 400 percent from $41,390 spent in Q1 2010. This data is recorded in the U.S. Senate's lobbying database.Policy areas of focus for Facebook this year include global regulation of software companies and restrictions on internet access by foreign governments; online safety measures, internet privacy regulations, cyber security, and FCC regulations on net neutrality. A new issues that the company spent lobbying resources on is discussing House, Senate, and Government rules to allow more Government and Congressional offices to access social media to engage with citizens. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/EuMBfBISqVI/
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