Re:Facebook will hold emergency meeting to let employees ask...
by beagle3 on Tuesday March 20, 2018 @04:21PM
(#16632188)
They know what went wrong, they already fixed the barn door a while ago, although 50M profiles had already left the barn.
And they are angry (or should be). Not because they care about users, but because their business is selling influence, and it's not enough that someone managed to outsmart them and sell the most expensive form of influence using facebook's data (with facebook getting little or nothing, certainly not the lion's share or even 100% as they are used to when selling influence) - they are being publicly shamed about it.
Everyone who cared (including facebook, politicians, journalists, and a non-trivial amount of the population) knew what was happening. Every single thing about the outrage is a charade, except perhaps Facebook's outrage that CA ate their lunch and left them holding the bag.
And they are angry (or should be). Not because they care about users, but because their business is selling influence, and it's not enough that someone managed to outsmart them and sell the most expensive form of influence using facebook's data (with facebook getting little or nothing, certainly not the lion's share or even 100% as they are used to when selling influence) - they are being publicly shamed about it.
Everyone who cared (including facebook, politicians, journalists, and a non-trivial amount of the population) knew what was happening. Every single thing about the outrage is a charade, except perhaps Facebook's outrage that CA ate their lunch and left them holding the bag.