Posted on 06/13/2019 7:11:42 AM PDT by Red Badger
FULL TITLE:
Facebook shares drop sharply after unearthed emails reportedly show Mark Zuckerberg is aware of 'problematic privacy practices' (FB)
=========================================================================================
Facebook shares dropped sharply midday Wednesday after The Wall Street Journal reported the technology company had uncovered emails that appear to reflect a connection between CEO Mark Zuckerberg and "potentially problematic privacy practices at the company."
The emails were uncovered in response to a probe into the company by the Federal Trade Commission, the WSJ reported, citing people familiar with the matter.
Facebook shares tumbled by as much as 2.9% in midday trading Wednesday as investors digested a Wall Street Journal report that described what could be a connection between chief executive Mark Zuckerberg and questionable privacy practices.
The social network has uncovered emails that appear to show Zuckerberg was aware of "potentially problematic privacy practices" at Facebook, the WSJ reported, citing people familiar with the matter.
The emails were reportedly uncovered in response to a Federal Trade Commission probe. The emails could possibly throw Zuckerberg's commitment to user privacy into question, the WSJ said.
Facebook has fallen under intense scrutiny in the past year amid a string of scandals related to how the tech giant handles its users' data. The company did not immediately respond to Business Insider's request for comment.
(Excerpt) Read more at markets.businessinsider.com ...
Zuckincuck is an enemy to humanity
The sun rose in the east this morning.
Zuckerberg is giving Elon Musk and Martin Shkreli stiff competition in the race to see just who is the biggest real life Bond Villain.
Big business, like big government, lies casually and without hesitation.
FB fell like $4 y’day. A giant, overwhelming 2%. Half of that came back today.
My point has nothing to do with FB stock or FB itself, both of which I am no fan of.
My point is that financial reporting has a value of approximately zero.
A Stock is sold to a person, or organization, who believes that it’s value will increase.
But it is being sold by a person who believes the exact opposite.............
Yeah. Lemme know when it falls 40%.
And when Hillary gets arrested.
And when employers of illegals get fined out of business.
And when...
A CEO should be questioning things like their privacy practices.
A CEO should be questioning things like their privacy practices.
That’s a good one................
There are few cretins that evoke deep revulsion in humanity.
Zuckerberg is in the top ten of such cretins.
Facebook and all social media suck.
Even the people who use facebook a lot hate it.
But they seem to need it more than they hate it.
It’s steeped in the psychology of dependent behavior, but for the most part, the linchpin is the fact that most users feel like they cannot replace their connection to their friends and family without it, so they just deal with (and participate in) all of the built in antics
The whole point of FB is public exposure, not privacy.
I’ve noticed that FB is automatically fact-checking any criticism of Democrats.
This site is social media too isn’t it?
“This site is social media too isn’t it?”
Yep. That’s a private entity. That’s funded by users. That says what it’s ideology is. That says you can be dotted.
Apple — banana.
He’s aware of it. That’s nice.
Zotted (not dotted)
Dotted? I have no interest in converting to Hinduism...
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.