In a company under global scrutiny for ethical lapses and a harmful core biz model, you don’t place your loyal lieutenant Andrew Bosworth in charge of all tech unless you’re preparing for war. Act accordingly. bloomberg.com/news/articles/…
This is the language of a company in PR crisis mode. As far as I know, Elliot Schrage (took fall for Definers) also still “works there.” A full exit leads to more questions - this is window dressing and a big deal.
And not to state the obvious but this would make me very uncomfortable if I testified to @CommonsDCMS.
Lol. Rather than Facebook communicate simply to the market what percentage of iOS users are asking it to stop tracking them (likely the most critical metric by far impacting its business this year), Facebook is sub-blogging warnings through PR.
This won’t end well.
And I would be willing to bet Facebook’s day is tied more closely to Apple limiting Facebook’s surveillance across its most valuable audience on its most valuable platform than Facebook’s fears of bad press, regulators or policy makers. But that’s where we are.
btw, there is likely a way for Facebook to do a workaround on apple’s new policy but that would open up the company to risk in Apple booting them or FTC section 5 violation. A few other things here worth considering….
Fairly diplomatic post by WSJ reporter providing top of class accountability journalism of Zuckerberg’s company through the Facebook Files series. Underneath it, I see Zuckerberg pivoting towards using his power to attack and discredit the best of the free and plural press.
I flag this because Facebook’s response last week claimed WSJ included “deliberate mischaracterizations” and this user claims “blatantly falsely reports.” Zuckerberg seems comfortable falsely applying motivations and intention to some of the most trusted global newsrooms.
And I will reiterate trusted journalism makes mistakes and can be messy at times but always seeks getting to the facts and go out of their way to correct any mistakes. Broadly applying labels is an attempt to discredit rather than coming back with the facts to seek corrections.
Ask both Google and Facebook whether they are linking to any data or collecting any data from outside of their owned apps on Apple iOS for users who have Asked not to be Tracked. /2
Facebook witness just testified their users understand how FB uses their data. So that's entirely false and in most cases of tracking a majority don't understand it. That's why they're taking advance of opting out now that Apple is allowing them. /3 niemanlab.org/2018/04/jason-…
!!! news. mother of all lawsuits quietly filed last month vs Facebook in Delaware. I'll explain why it avoided notice until now in a bit but Zuckerberg, Sandberg, CFO, board inc Peter Thiel and Palantir are defendants - it's a result of sealed docs between FB execs and board. /1
Major new plaintiff allegations - many long concerning:
1 FB spent billions to protect Zuckerberg personally
2 claims "epic corporate governance breakdown"
3 adds list of "insider trading" defendants
4 documents Zuckerberg misled Congress /2
It's a whopping 390 pages and there is a related 220 page suit filed in same court on the same day. Together they bring the kitchen sink on allegations as to how the platform gained market power, failed its 2012 FTC Consent Decree, covered-up and failed to disclose data harms. /3
Woah. This claim in must-read except from new book on Peter Thiel. We knew this secret meeting happened shortly after Zuckerberg's "free expression" speech at Georgetown. FB denies "agreement" happened - it would be an astounding abuse of market power by FB and Trump admin. /1
A reminder the secretive meeting happened as Facebook was receiving massive pressure to follow Google and Twitter's lead in banning micro-targeted political advertising on its platform particularly around misleading ads and messages breaking its policies. /2
This claim also significant and resurfaces why SEC needs to revisit its settlement. A reminder on reports that Peter Thiel's Palantir was involved in teaching Cambridge Analytica how to scrape data from Facebook's platform. Investors should be concerned. /3