#5SmartReads - October 28, 2021
Hitha on Facebook's share price, the January 6th insurrection, and what to pack if you're going on The Bachelor
Facebook's scandals have been great for shareholders (Axios)
…and that is a big part of the problem.
Most companies that have shareholders (private or public) view them as their first priority, and not necessarily their customers. And despite Facebook’s many scandals, their share price has only climbed higher and higher in the past 5 years.
“While extreme profitability hardly proves malign intent, it's entirely consistent with the narrative that Facebook is much more interested in growth than in addressing internal or external concerns about its deleterious effects on the nation and the world.”
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