Is Facebook as we know it going to change?
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@phenomlab Well, congress will present some theater for the sheeple but ultimately nothing will change because the NSA is addicted to their data streams. National Security issue. Hence they will get a pass. Until, maybe the EU gives 'em a good spanking. See Snowden docs.
Facebook paid billions extra to the FTC to spare Zuckerberg in data suit
Facebook conditioned its $5 billion payment to the Federal Trade Commission to resolve the Cambridge Analytica data leak probe on the agency dropping plans to sue Facebook CEO Mark Zuckerberg individually, shareholders allege in a lawsuit.
In suits made public Tuesday, two groups of shareholders claimed that members of Facebookās board allowed the company to overpay on its fine in order to protect Zuckerberg, the companyās founder and largest shareholder. The complaints, which cite internal discussions among Facebookās board members, were filed in Delaware Court of Chancery last month.
āZuckerberg, Sandberg, and other Facebook directors agreed to authorize a multi-billion settlement with the FTC as an express quid pro quo to protect Zuckerberg from being named in the FTCās complaint, made subject to personal liability, or even required to sit for a deposition,ā one of the suits alleged.
ā¦ The Senate Commerce Committee said last week that it was opening a probe into how the company downplayed its own research on how Facebookās photo-sharing app Instagram worsens mental health and body image issues for teens.
Mark Zuckerberg: The epitome of evil incarnate. For sure a sociopath extraordinaire but that feels like the understatement of the millenniaā¦
Congress and our courts have a tall wall to clear to declare FB a monopoly. Blah, blah, blah retoric aside, maybe, just maybe they should interview the competition: small, independent forum operators!
My forums are dead. All moved to FB. They presently exist only for āhistorical valueā and that Iād feel like Iād betrayed those to made a good effort at quality content, as opposed to the ubiquitous Facefarts" and usual drivel hosted, and encouruaged, by Zuckerberg, et.al. Cuz let us not forget about Peter Thiel.
Heh, and you have not even begun to push my buttonsā¦
@gotwf
some great references here and I fully agree. There is little to no chance that Facebook w will be bought to account over any of the points raised in the hearing today, or any day thereafter. The bottom line is that they class themselves as untouchable - and given the poor stance from lawmakers, this would seem to ring true.Itās a well known fact Facebookās lawyers got Zuckerberg off the hook with a huge financial settlement when it came to Cambridge Analytica - how else does a company that size avoid paying for what should have arguably been the largest fine on record in terms of GDPR data breaches.
As for Zuckerberg, he doesnāt have the nickname of Tefal for nothing.
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A decent overview/summary of todayās Senate theater for those who missed the live stream:
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@phenomlab Well, congress will present some theater for the sheeple but ultimately nothing will change because the NSA is addicted to their data streams. National Security issue. Hence they will get a pass. Until, maybe the EU gives 'em a good spanking. See Snowden docs.
Facebook paid billions extra to the FTC to spare Zuckerberg in data suit
Facebook conditioned its $5 billion payment to the Federal Trade Commission to resolve the Cambridge Analytica data leak probe on the agency dropping plans to sue Facebook CEO Mark Zuckerberg individually, shareholders allege in a lawsuit.
In suits made public Tuesday, two groups of shareholders claimed that members of Facebookās board allowed the company to overpay on its fine in order to protect Zuckerberg, the companyās founder and largest shareholder. The complaints, which cite internal discussions among Facebookās board members, were filed in Delaware Court of Chancery last month.
āZuckerberg, Sandberg, and other Facebook directors agreed to authorize a multi-billion settlement with the FTC as an express quid pro quo to protect Zuckerberg from being named in the FTCās complaint, made subject to personal liability, or even required to sit for a deposition,ā one of the suits alleged.
ā¦ The Senate Commerce Committee said last week that it was opening a probe into how the company downplayed its own research on how Facebookās photo-sharing app Instagram worsens mental health and body image issues for teens.
Mark Zuckerberg: The epitome of evil incarnate. For sure a sociopath extraordinaire but that feels like the understatement of the millenniaā¦
Congress and our courts have a tall wall to clear to declare FB a monopoly. Blah, blah, blah retoric aside, maybe, just maybe they should interview the competition: small, independent forum operators!
My forums are dead. All moved to FB. They presently exist only for āhistorical valueā and that Iād feel like Iād betrayed those to made a good effort at quality content, as opposed to the ubiquitous Facefarts" and usual drivel hosted, and encouruaged, by Zuckerberg, et.al. Cuz let us not forget about Peter Thiel.
Heh, and you have not even begun to push my buttonsā¦
@gotwf said in Is Facebook as we know it going to change?:
Facebook paid billions extra to the FTC to spare Zuckerberg in data suit
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@gotwf said in Is Facebook as we know it going to change?:
Facebook paid billions extra to the FTC to spare Zuckerberg in data suit
Apologies for not giving my thoughts, clearly not as technical as you both are, but thatās the line that really stood out for me, it doesnāt mean a lot but it is of course shocking.
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Apologies for not giving my thoughts, clearly not as technical as you both are, but thatās the line that really stood out for me, it doesnāt mean a lot but it is of course shocking.
@jac said in Is Facebook as we know it going to change?:
Apologies for not giving my thoughts, clearly not as technical as you both are, but thatās the line that really stood out for me, it doesnāt mean a lot but it is of course shocking.
In case you missed it: Netflix Documentary on the Facebook/Cambridge Analytica Scandal:
Opinionated two bit opinions are my own. Caveat emptor, eh?
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@jac said in Is Facebook as we know it going to change?:
Apologies for not giving my thoughts, clearly not as technical as you both are, but thatās the line that really stood out for me, it doesnāt mean a lot but it is of course shocking.
In case you missed it: Netflix Documentary on the Facebook/Cambridge Analytica Scandal:
@gotwf said in Is Facebook as we know it going to change?:
Facebook/Cambridge Analytica
Iāve not missed the whole saga around it, I just remember at the time hearing it on the news and thinking āoh itās Facebook againā and turning off to be honest.
Thanks mate, Iāll try give that a watch probably over the weekend
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I stumbled on this earlier and thought Iād share it here as to compliment this discussion. Clearly a case of David and Goliath here, with Facebook certainly playing the part of coming across as bullying
Mark
Founder - Phenomlab LtdExecutive Technology & Security Leadership
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I stumbled on this earlier and thought Iād share it here as to compliment this discussion. Clearly a case of David and Goliath here, with Facebook certainly playing the part of coming across as bullying
@phenomlab Mehā¦ anyone else hearing voices inside of their heads?..
Opinionated two bit opinions are my own. Caveat emptor, eh?
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@phenomlab Mehā¦ anyone else hearing voices inside of their heads?..
@gotwf aside from the bullying tactics, youād think they (Facebook) could have come up with something more creative than āMetaāā¦
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I stumbled on this earlier and thought Iād share it here as to compliment this discussion. Clearly a case of David and Goliath here, with Facebook certainly playing the part of coming across as bullying
@phenomlab said in Is Facebook as we know it going to change?:
I stumbled on this earlier and thought Iād share it here as to compliment this discussion. Clearly a case of David and Goliath here, with Facebook certainly playing the part of coming across as bullying
Facebook throwing their weight around I see.
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@phenomlab said in Is Facebook as we know it going to change?:
I stumbled on this earlier and thought Iād share it here as to compliment this discussion. Clearly a case of David and Goliath here, with Facebook certainly playing the part of coming across as bullying
Facebook throwing their weight around I see.
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@phenomlab to some it is a diary and a way of life now. To me itās just a simple way to keep in touch with family, but I hardly ever use it and wish I never had!
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@phenomlab to some it is a diary and a way of life now. To me itās just a simple way to keep in touch with family, but I hardly ever use it and wish I never had!
@jac You know what - Iāve NEVER used it. I only subscribed once to see what all the fuss was about, that lasted no more than 12 minutes before I deleted the account.
Mark
Founder - Phenomlab LtdExecutive Technology & Security Leadership
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@jac You know what - Iāve NEVER used it. I only subscribed once to see what all the fuss was about, that lasted no more than 12 minutes before I deleted the account.
@phenomlab Itās the same for me really I had an account years ago and then deleted it, only to get a new one years later to keep in touch with family. Even now I very hardly log on.
Itās just a glorified diary for people to put all their c**p on.
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@phenomlab Itās the same for me really I had an account years ago and then deleted it, only to get a new one years later to keep in touch with family. Even now I very hardly log on.
Itās just a glorified diary for people to put all their c**p on.
@jac Yeah, exactly. I really canāt see any point to a platform where you feel compelled to post pictures of your dinner or selfies that make you look like a fish
Mark
Founder - Phenomlab LtdExecutive Technology & Security Leadership
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@jac Yeah, exactly. I really canāt see any point to a platform where you feel compelled to post pictures of your dinner or selfies that make you look like a fish
@phenomlab absolutely, my neighbor posts her life on there. I hate it.
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@phenomlab absolutely, my neighbor posts her life on there. I hate it.
@jac I have the same with family members - even down to holiday dates and whey they are going. Might as well just put a sign above the door that says āweāre on holiday - feel free to break inā.
Mark
Founder - Phenomlab LtdExecutive Technology & Security Leadership
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@jac I have the same with family members - even down to holiday dates and whey they are going. Might as well just put a sign above the door that says āweāre on holiday - feel free to break inā.
@phenomlab said in Is Facebook as we know it going to change?:
@jac I have the same with family members - even down to holiday dates and whey they are going. Might as well just put a sign above the door that says āweāre on holiday - feel free to break inā.
Snap mate, this is the thing that most annoys me about it. Not only that but feel free to look towards my house too whilst youāre at it
. Facebook is an absolute joke and has taken over some peopleās lifeās quite frankly. -
@phenomlab said in Is Facebook as we know it going to change?:
@jac I have the same with family members - even down to holiday dates and whey they are going. Might as well just put a sign above the door that says āweāre on holiday - feel free to break inā.
Snap mate, this is the thing that most annoys me about it. Not only that but feel free to look towards my house too whilst youāre at it
. Facebook is an absolute joke and has taken over some peopleās lifeās quite frankly.@jac Yeah - serial posters, as I refer to them. I just donāt get the entire point of āchecking inā to somewhere. Isnāt there any part of your life that you consider private??
Mark
Founder - Phenomlab LtdExecutive Technology & Security Leadership
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@jac Yeah - serial posters, as I refer to them. I just donāt get the entire point of āchecking inā to somewhere. Isnāt there any part of your life that you consider private??
@phenomlab said in Is Facebook as we know it going to change?:
@jac Yeah - serial posters, as I refer to them. I just donāt get the entire point of āchecking inā to somewhere. Isnāt there any part of your life that you consider private??
And itās always āsuch a such said this on Facebookā or āit was on Facebookā etc. Really grates on mate mate
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