Adam Mosseri faces criticism after comparing social media to cars, saying “cars create way more value than they destroy”, even though people die in accidents
a delightful & depressing social lubricant blending short-term euphoria w/ long-term regret that offers to young consumers a messy cocktail of dopamine, disorientation, and dependency. Social media is...
Dropbox CEO and co-founder Drew Houston joins Facebook's board of directors, effective immediately
Good times https://twitter.com/... Dan Primack / @danprimack : Boston tech folks view @drewhouston and @finkd as the two who got away, so makes sense they'd team up. Julia Carrie Wong / @juliacarriew ...
Facebook bans white nationalist outlets Red Ice TV and Affirmative Right, says VDare's page is still under review, after recent report
Julia Carrie Wong / The Guardian :
The debate over Facebook's political ads policy has been too US-centric and the company hasn't explained how that policy will work in other countries
Julia Carrie Wong / The Guardian :
WeWork says SoftBank will provide $5B in new financing and buy up to $3B in shares from existing shareholders, which would give SoftBank an 80% stake in WeWork
Also FPOs and MSCI. Wall Street Journal : WeWork Ex-CEO Set for Big Payout Benedict Brook / news.com.au : Stricken billionaire's daftest idea yet Jonathan V. Last / The Bulwark : WeWork Is Why People ...
Sources: in a 3-2 vote, FTC commissioners have approved a record $5B settlement with Facebook over the company's privacy violations
or one month's worth of revenue Swati Khandelwal / The Hacker News : Facebook to Pay $5 Billion Fine to Settle FTC Privacy Investigation Howard Lindzon : Why Facebook Needs Libra Mark Wyciślik-Wilson ...
Court filing by DC AG: Facebook knew about Cambridge Analytica data misuse months before it was first reported; Facebook says it did not mislead about timeline
Julia Carrie Wong / The Guardian :
Facebook will curb vaccine misinformation by reducing the ranking of anti-vaccine Pages and groups, halting recommendations for those pages, rejecting ads, more
and dumber—Facebook announces crackdown Louise Matsakis / Wired : Facebook Will Crack Down on Anti-Vaccine Content Michael Allison / MSPoweruser : Facebook decides to quarantine anti vaxxers Napier Lo...
Facebook hired a digital forensics firm to conduct an audit of Cambridge Analytica, but their team had to step down at the request of the UK ICO
and maybe the platform Chris Ciaccia / Fox News : Silence from Zuckerberg, Sandberg on Facebook scandal like putting ‘gasoline on the fire’ Jonathan Garber / Business Insider : Facebook is sliding on ...
Report on Uber recommends board oversight committee, reevaluated cultural values, reducing alcohol use at work events, prohibiting boss-employee relationships
here's what people are saying Globe and Mail : Uber CEO Travis Kalanick to take leave of absence Marisa Kendall / Mercury News : Uber CEO Travis Kalanick takes leave of absence as troubles plague comp...