The social media firm, who owns Instagram, WhatsApp, and Facebook Messenger in addition to its core service, has recently suffered a major security breach affecting 50m users, acknowledged that it shared the data of 90m users with outside companies without user permission, and has been accused of not doing nearly enough to stop the spread of disinformation during the 2016 elections.
Facebook executives are starting to leave, much as they did before Yahoo’s collapse. Mark Zuckerberg, Facebook’s CEO, is not likely to leave as he controls the majority of Facebook’s voting shares, but rumors are that COO Sheryl Sandberg could be out in a year. Some employees at Facebook have described the atmosphere there as “Horrible.” The company has allegedly hired lobbyists and “opposition research” firms to find uncomplimentary information on its critics and to deflect blame.
Article resources:
New York Times "Delay, Deny and Deflect: How Facebook’s Leaders Fought Through Crisis"
The Economist "Facebook should heed the lessons of internet history"
ThinkProgress "In latest blow, Britain seizes internal Facebook documents"
An investigation by The New York Times revealed how Facebook fought back against its critics: with delays, denials and a full-bore campaign in Washington. Here are 6 takeaways for those of you who didn't have time to read the entire story. https://t.co/rMZXETk5v2
— The New York Times (@nytimes) November 15, 2018
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