How do you solve a problem like Facebook?

The social media giant is under intense scrutiny. But can it be reined in?

Mark Zuckerberg.
(Image credit: Illustrated | Getty Images, iStock)

Facebook — or Meta, as it has rebranded itself — is an enormously wealthy and powerful company, with nearly 3 billion monthly active users on its social media platforms and a market valuation of nearly $1 trillion. But these days it has few friends.

Over the past few weeks, the world has gotten a glimpse inside Facebook and its all-powerful algorithm through a trove of confidential internal documents spirited out of the company by a former employee, Frances Haugen. Haugen gave the documents to the Securities and Exchange Commission, then The Wall Street Journal, and now more than a dozen major media companies around the world are sifting through the Facebook Papers. Haugen has publicly aired Facebook's dirty laundry on 60 Minutes and in testimony before lawmakers in the U.S. and Britain.

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.