Google and Facebook under fire from German media CEO.
Mathias Dopfner, the chief executive of Axel Springer, one of Europeâs largest media companies has strongly criticized Google in an open letter published in a German newspaper.
The letter came as a response to a column by Googleâs executive chairman Eric Schmidt. Schmidt wrote about the rocky relationship that his company had with Axel Springer. He also talks about how the two companies now see eye-to-eye, leading to a multi-year deal.
Well, Mathias was quick to point out that despite his admiration of Googleâs entrepreneurial success, his company had little choice but to engage with Google, since they didnât know any other search engine alternative that would increase their online reach.
Mr. Dopfner went on to say in the letter that large tech companies , like Google had way more power that what is perceived. He even compared the company to the state monopolies that ran German telecom and postal services.
More on the same, Mr. Dopfner also took shots at Facebook. He explained how he attended a conference where someone asked Mark Zuckerberg how Facebook stored data and protected userâs privacy.
Â Zuckerberg said: ‘I do not understand your question. Those who have nothing to hide, have nothing to fear.
He compared this statement to something he would expect to hear from a head of Stasi or another intelligence service or even a dictator.