Posted on 12/20/2021 2:18:20 AM PST by Libloather
Facebook (FB), operated by the CEO Mark Zuckerberg under the parent company Meta, has been voted as the ‘worst company of the year’ on Yahoo Finance’s annual survey of 2021 that shortlists the ‘Company of the Year’ based on the performance and achievements of the firms worldwide.
While Microsoft (MSFT) aced the race by shattering the $2 trillion market capitalization this year and up to 53% surge in its stock price as of December, social media giant Facebook rebranding this year to Metaverse, has seemingly irked and upset its users, according to the polling for Yahoo survey.
Facebook's connection with major scandals sinks its reputation in 2021
As many as 1,541 respondents were unhappy with the company’s policies and the way it operates, sinking the firm's reputation to the lowest for the first time in its history. It is not unknown that Facebook had been linked to some of the major scandals such as the 2020 ad boycott that took place during the month of July 2020. Several advocacy groups, under the ‘Stop Hate for Profit’ campaign boycotted Facebook that pushed the prominent advertisers to reduce their spending by millions of dollars on the platform. Of the total 100 big advertisers that joined the boycott, at least nine companies formally announced a pullback in paid advertising by slashing the funding to $507,500 from $26.2 million, reports suggest.
**SNIP**
This year, the company’s product manager, Frances Haugen, a previously anonymous whistleblower released a trove of internal documents to the media that revealed how facebook’s policies caused harm to the general public, and the company, despite having the knowledge, put its own interests first. “I’ve seen a bunch of social networks and it was substantially worse at Facebook than what I had seen before,” the 37-year-old who previously worked at Facebook said...
(Excerpt) Read more at m.republicworld.com ...
While the respondents are not wrong, have them back it up by dumping their Facebook accounts.....yeah, I thought so.
Fakebook is not just bad. They and Mother Zucker are pure evil
“This post violates community hate speech rules”
I got off FB and Twatter for almost a year now.
On Gab for now and haven’t been shadow banned nor sent to the speech gulag for memeing yet.
Banning a President of the United States??? Banning a front page story (NY Post,Hunter’s laptop) of the nation’s oldest mass circulation newspaper ??? No bias there,for sure!
Its not that Facebook is good its just that its hardly alone but it has become the scapegoat because somehow they decided it was responsible for 2016
On Gab you are in an echo chamber where your memes do not affect anyone but fellow right wingers. Facebook's goal is to ensure that only Leftist "influencers" affect the opinions of Facebook's population.
Frances Haugen, a previously anonymous whistleblower, released a trove of internal documents to the media that revealed how Facebook’s policies caused harm to the general public.......and revealed that the company routinely put its own interests first.
The 37-year-old who previously worked at Facebook said, “I’ve seen a bunch of social networks but it was substantially worse at Facebook than what I had seen before.”
I disagree because many gab members have FB and twatter accts as well so a lot of the “right wing echo chamber” memes get onto those platforms. Gives Zuck a run for his money.
Yes, that’s why the left went all out to kill Parler: they didn’t want memes and arguments being birthed and growing there, and then coming into the Facebook universe in a wave from thousands of dual participants.
Facebook’s worst crime? Spending $440,000,000 on Democratic Poll Watchers and an army of Democrat vote collectors. They financed The Steal.
Facebook is little more than a billion women telling each other how beautiful they are.
Don’t have one social media account. All of them are a complete waste of time, IMO.
What’s the one thing I hear from people who just can’t get off social media? “Well it’s still the best way to stay informed”.
Congratulations…..I guess?
FR, zerohedge, ground news. That’s about it for me. I’m informed enough and I don’t have to deal with trolls and leftist idiots and their comments. Maybe I’m the idiot for my views. Know what? At this point, I have zero F’s to give.
They can’t eradicate dissent.
We’ve been searching for churches in our area for a few weeks to find videos of different pastors’ sermons and the churches’ music at your.
It is disturbing that so many of them have no web page of their own, but do have Facebook options. Facebook is evil; they shouldn’t be supporting them.
“Facebook is little more than a billion women telling each other how beautiful they are.”
AND there is that small issue of those bILLION women supporting one of the major players who helped steal the election from PDJT. There is that.
Frances Haugen is not a whistleblower. She was one of the biggest censors of conservatives on the platform.
She was tasked by her employer then.
What she’s saying now is more important.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.