Facebook in the crosshairs again.

[Teppodama]

Between this, people getting into severe trouble over social media, and criminals outing themselves in the same process you would think people would learn enough to slow their use or stop altogether. And that's not including the studies showing that addiction to social media is causing severe mental issues across the board.

But no, gotta keep posting pictures of god knows what non stop to be popular and make others think you're cool. Guess people don't care?

Addiction is a slow creeping insidious thing. By the time you yourself notice you have might have a problem it's already too late. That if you even entertain the idea that social media addiction is a real thing and potentially harmful.

 

[Prime Rib]

Zuckerberg and Sandberg will reportedly stay quiet on Cambridge Analytica until after audit

• Tech insiders, lawmakers and even Facebook employees have called for input from Facebook's highest executives.
• It appears unlikely the CEO and COO will address concerns in the near term.
• Facebook said Monday it was hiring a digital forensic firm to conduct an audit of Cambridge Analytica. By Tuesday morning, Facebook's audit had already hit a roadblock.

Good. Make the stock crash even more hopefully. They are in hiding.

https://www.cnbc.com/2018/03/20/fac...a-zuckerberg-sandberg-said-to-stay-quiet.html

Yep down 4.44% right now.....snowballing.

 

[Teppodama]

Yep down 4.44% right now.....snowballing.

Do you foresee any real and lasting consequences for the platform aside from short to mid term financial losses?

 

[Prime Rib]

Do you foresee any real and lasting consequences for the platform aside from short to mid term financial losses?

That's an expensive question and one that I don't have a thoughtful answer for. Speculation? The drop will last a few more days and level out in the mid $150s a share. If another shoe drops then that changes.

 

[MoparOrNoCar]

The vast majority of people simply don't care how badly their privacy is being invaded because they think they're boring with nothing to hide and that no one would even care to look at their information.

They are incapable of looking at the big picture.