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FACEBOOK TROUBLES GROW – FACING LAWSUIT LIABILITIES OF...BILLIONS? 30-plus complaints piled up...
WND ^ | 28 July 2018

Posted on 07/28/2018 9:17:21 PM PDT by BlackFemaleArmyColonel

FACEBOOK TROUBLES GROW – FACING LAWSUIT LIABILITIES OF ...BILLIONS? 30-plus complaints piled up just over Cambridge Analytica

The investor and consumer doubts that sparked a near-20 percent plunge in its market value – some $100 billion plus – isn’t the only concern for the giant web company Facebook these days.

A report at PJMedia outlines the billions in liabilities the company may have because of a number of crises in recent months.

One was the scandal over allowing Cambridge Analytica to breach its users’ privacy and collect data for political purposes.

“The company is facing massive fines and possible government intervention as lawsuits pile up in the U.S. and around the world. In fact, Facebook is facing more than three dozen class-action lawsuits over Cambridge Analytica privacy breaches alone,” the report said. “The looming legal nightmare is so significant that the company felt the need to include a note about it in their quarterly SEC report.”

The company’s stock price hovered around $174 on Friday, down only slightly from where it landed Thursday following its collapse.

At PJMedia, Paula Bolyard noted that the stock collapse happened after the company’s earnings report showed it missed expectations.

The number of monthly users also is “down significantly.”

(Excerpt) Read more at wnd.com ...


TOPICS: News/Current Events
KEYWORDS: cambridgeanalytica; facebook; fascistbook; internet; markzuckerberg; stockmarket; stocks; zuckerberg
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"The number of monthly users also is “down significantly.”

More to come Zuckerberg.

1 posted on 07/28/2018 9:17:21 PM PDT by BlackFemaleArmyColonel
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To: BlackFemaleArmyCaptain

My sister will probably go into anaphylactic shock if FakeBook were to go under. She posts on it about 14 hours a day.


2 posted on 07/28/2018 9:19:09 PM PDT by Extremely Extreme Extremist (GOAT POTUS TRUMP)
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To: BlackFemaleArmyCaptain

How is FakeBook’s free ca$h flow doing?

In the long run we are all dead.

What counts is spending the money NOW!


3 posted on 07/28/2018 9:23:56 PM PDT by Paladin2 (no spelchek, no problem...)
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To: BlackFemaleArmyCaptain

Revenge of Diamond and Silk.


4 posted on 07/28/2018 9:25:26 PM PDT by bray (Pray for President Trump)
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To: BlackFemaleArmyCaptain

I have a mutual fund that had FB as the second largest asset and probably some Twitter too, I need to check. But I would want to face Zuckerburg one on one for my losses. I don’t want my money back, I want my freedom back.


5 posted on 07/28/2018 9:38:42 PM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: bray

How many visits w/ Obie at the White House for the Zuck ? Dozens + dozens but they were just talking golf and kids, surely.


6 posted on 07/28/2018 9:38:59 PM PDT by chiller (If liberals didn't have double standards, they'd have none at all.)
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To: BlackFemaleArmyCaptain

FFB - you know what it means.

Zuckerberg has to go the way of John Schnatter of Papa John’s pizza. That would be fair play, n’est pas?

Next, Twitter, tool of the Left. However, apparently leftist psychos can be tracked thru their accounts and charged with making threats, etc. Might keep it around for a while.

Looks liks CBS’s Moonbeam or what his name is, is in deep sexual misconduct trouble. Going, going gone?

Well, Rather has “gone” - CBS. Brian Williams got a kick in the balls for a while. Lauer is gone. Lawrence O’Donnell and Chris Matthews are still a batshit crazy as they were before with no mental health care in sight.

Next the annoying little whiny bitch Andrea Mitchell. Then the anti-US, anti-Semitic Christiana Amanpour and Farid Zakaria (who do they think they are, Helen Thomas)?

Gee so many targets. Do we have enough lawyers to pursuit them all? Hope so. Payback’s a bitch and I’m feeling real “bitchy” right now. Might get my turn next year.

Singing “Oh what a feeling” and “The Bitch is Back”.


7 posted on 07/28/2018 9:39:01 PM PDT by MadMax, the Grinning Reaper
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To: BlackFemaleArmyCaptain

If only I could remember my login so I could delete my account...


8 posted on 07/28/2018 9:39:46 PM PDT by Dogbert41 (When the strong man, fully armed, guards his own dwelling, his goods are safe. -Luke 11:21)
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To: BlackFemaleArmyCaptain
Ya betta take ya diamond ring, ya betta pawn it, babe!
9 posted on 07/28/2018 9:52:55 PM PDT by Steely Tom ([Seth Rich] == [the Democrat's John Dean])
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To: MtnClimber

I have mutual fund where it is largest holding. Value down 3%. STUPID


10 posted on 07/28/2018 9:57:38 PM PDT by Kozy (new age haruspex; "Everyone has a plan 'till they get punched in the mouth.")
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To: Kozy

4mins45secs in Obama repeats what he told South Africans in Soweto in 2013 - they can’t have fossil fuels. they should have expensive, unreliable “renewable” energy instead! Zuckerberg interrupts with a “yes, yes” at one point. a total lovefest:

24 Jun 2016: Youtube: 7mins53secs: President Obama and Facebook CEO Mark Zuckerberg.
https://www.youtube.com/watch?v=jnahRzeEjy

July 2013: CNS News: Obama: ‘Planet Will Boil Over’ If Young Africans Are Allowed Cars, Air-Conditioning, Big Houses
By Ryan Kierman
“Ultimately, if you think about all the youth that everybody has mentioned here in Africa, if everybody is raising living standards to the point where everybody has got a car and everybody has got air conditioning, and everybody has got a big house, well, the planet will boil over — unless we find new ways of producing energy.”...

The president’s comments, made the day before unveiling his “Power Africa” initiative for a “sustainable” African energy strategy, came while speaking at University of Johannesburg-Soweto...
https://www.cnsnews.com/news/article/obama-planet-will-boil-over-if-young-africans-are-allowed-cars-air-conditioning-big

14 July 2019: Townhall: Paul Driessen: Rejecting Carbon Colonialism
Editor’s Note: This piece was coauthored by Paul Driessen and David Wojick.
We recently explained how Multilateral Development Banks (MDBs) use manmade climate change alarmism to justify lending policies that reject funding for fossil fuel electricity generation, promote expensive and unreliable renewable sources, and thereby help keep impoverished nations poor...
Now, in a daring show of humanity and common sense, the African Development Bank (AfDB) has broken ranks with the World Bank and its like-minded carbon colonialist brethren. The AfDB has announced that it will once again finance coal and natural gas power generation projects. As AfDB President Akinwumi Adesina puts it, “Africa must develop its energy sector with what it has.”...
https://townhall.com/columnists/pauldriessen/2018/07/14/rejecting-carbon-colonialism-n2500194


11 posted on 07/28/2018 10:13:06 PM PDT by MAGAthon
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To: BlackFemaleArmyCaptain

12 posted on 07/28/2018 10:15:39 PM PDT by P.O.E. (Pray for America)
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To: BlackFemaleArmyCaptain

F**ker*erg has done f**ked hisself! I hope he goes away penniless!


13 posted on 07/28/2018 10:57:53 PM PDT by vette6387
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To: MadMax, the Grinning Reaper

Both Comcast and whoever is the parent company of CNN need to die.


14 posted on 07/28/2018 10:58:07 PM PDT by Fred Hayek (The Democratic Party is now the operational arm of the CPUSA)
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To: MadMax, the Grinning Reaper

“Next the annoying little whiny bitch Andrea Mitchell. Then the anti-US, anti-Semitic Christiana Amanpour and Farid Zakaria (who do they think they are, Helen Thomas)?”

Top of my list too! Time to waltz over to CNN and get that little bald f*cker Brian Stelter, and the rest of the CNN Capo Cabal!


15 posted on 07/28/2018 11:04:27 PM PDT by vette6387
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To: BlackFemaleArmyCaptain
Like CNN, MSM, Google, etc., Facebook is a fraud.. Fake store fronts of the Deep State. May they ALL burn in hell for their relentless attacks on conservatism, Trump and those who support him.
16 posted on 07/28/2018 11:08:45 PM PDT by CivilWarBrewing (Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)
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To: BlackFemaleArmyCaptain

bookmark


17 posted on 07/28/2018 11:39:11 PM PDT by GOP Poet
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To: chiller
How many visits did Zuck have w/ Obie at the White House ? Dozens + dozens.......... but they were just talking golf and kids, surely.

Zuck was being tasked by Obama-----colluding for years.
And when candidate Obama looted Facebook of personal data for his campaign. Zuck was right there helping Obama take whatever he wanted.

===================================

Let's stroll down memory lane.

(hat tip edzo4)

ITEM---Circa 3/13/17 Zuckerberg referred to a dinner he and other Silicon Valley leaders had about a month ago.

ITEM---Here’s the news article edzo4 dug up
http://sanfrancisco.cbslocal.com/2017/03/13/former-president-obama-visits-with-tech-leaders-in-silicon-valley/

ITEM---Back in 2011, it was not revealed who Obama met with during his visit to San Jose; as a private citizen, Obama is not obligated to say.

ITEM---Edzo4 found this photo of the dinner from the Mercury News

ITEM---And edzo4 found this blog that names the attendees.
https://kellblog.com/2011/02/19/seating-chart-for-president-obamas-silicon-valley-tech-titans-dinner/

ATTENDEES: Obama, Larry Ellison, Steve Jobs, Mark Zuckerberg, Eric Schmidt, Reed Hastings.

18 posted on 07/29/2018 1:34:45 AM PDT by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.sap-happy)
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To: All
THIS NEEDS TO BE REPORTED TO L/E: Depending on how Facebook sets its rates, this admission by a Facebook exec (below) could get very dicey. Charging a lower rate for one campaign based on non-objective factors could be an in-kind contribution and is illegal -- we already know how biased Facebook policy and employees are against Trump.

======================================

Facebook Exec Speaks Out
Breitbart ^ | 2 Mar 2018 | Lucas Nolan
FR Posted on 3/3/2018 by T Ruth

Andrew Bosworth, a longtime member of the Facebook team who co-invented some of Facebook’s main features such as News Feed, Messenger, Groups, and was previously working as the VP of Ads, took to Twitter to correct both Clinton and Cutler. Boz as he is popularly known — posted a chart comparing the CPM price of Clinton and Trump’s advertisements. What it showed is that on average, Trump paid more per CPM than Clinton.

After some discussion we've decided to share the CPM comparison on Trump campaign ads vs. Clinton campaign ads. This chart shows that during general election period, Trump campaign paid slightly higher CPM prices on most days rather than lower as has been reported. pic.twitter.com/u0qgUQ02qM — Boz (@boztank) February 27, 2018

Boz then outlined the elements that define the price of Facebook’s CPM. Prices depend on factors like size of audience and campaign objective. These campaigns had different strategies. Given the recent discussion about pricing we're putting this out to clear up any confusion. — Boz (@boztank) February 27, 2018 (Excerpt) Read more at breitbart.com ...

=======================================

ACTION NOW

Call President Trump:
Comments: 202-456-1111 Switchboard: 202-456-1414
email. president@whitehouse.gov

CONTACT CONGRESS: Capitol Switchboard 1-866-220-0044

Contact Jeff Sessions
U.S. Department of Justice
950 Pennsylvania Avenue, NW
Washington, DC 20530-0001
Comment Line: 202-353-1555
Switchboard: 202-514-2000

19 posted on 07/29/2018 1:57:09 AM PDT by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.sap-happy)
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To: BlackFemaleArmyCaptain

Jive ass punk Zuck can shove it all up his smarmy rear end.
Censor conservatives?
That’s about half your market punk.
Great for marketing, piss of half the world?


20 posted on 07/29/2018 3:56:01 AM PDT by Joe Boucher (Criminals at F.B.I., Justice Dept, I.R.S and No one taken out in cuffs? Federal gub mint is crappola)
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