Another powerful billionaire slams Facebook for being too addictive

Another billionaire has some harsh words for Facebook.

Speaking at a dinner at the World Economic Forum in Davos on Thursday, George Soros delivered a scathing speech in which he said Facebook and Google were a "menace" to society and called for increased government regulation of both companies.

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"The internet monopolies have neither the will nor the inclination to protect society against the consequences of their actions. That turns them into a menace and it falls to the regulatory authorities to protect society against them," Soros said, according to a transcript published on his website.  Read more...

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