Facebook's ‘oversight board’ is proof that it wants to be regulated – by itself | John Naughton

The latest attempt by the social media giant to act as a sovereign power is breathtaking in its sheer effronteryHere we go again. Facebook, a tech company that suffers from the delusion that it’s a nation state, has had another go at pretending that it is one. Originally, you will recall, it was going to create a global currency called Libra and in effect become shadow banker to the world. Strangely, a world that normally seems hypnotised by Facebook turned out to be distinctly unimpressed