Facebook spending millions to make friends in Washington
In its first quarter of this year, Facebook, according to its lobby disclosure form, shelled out $2.45 million on lobbying costs. The figure amounts to a 75 percent increase from the $1.4 million it spent in the previous quarter, and a 277 percent increase from the mere $650,000 it spent in the first quarter of 2012. In 2012, Facebook spent a total of $4 million on lobbying efforts.
The company's lobbying budget is now in the same ballpark as that of … Read more