News for hackers. Stuff that matters.
Re:Facebook whistleblower says she wants to fix company, not... by xqcgrek2 on Sunday October 03, 2021 @09:24PM (#28742045)
This individual is not a 'whistleblower'. Nothing revealed is illegal or fraudulent.
Re:Facebook whistleblower says she wants to fix company, not... by ineedasername on Sunday October 03, 2021 @10:04PM (#28742259)
It doesn't have to be illegal or fraudulent to reveal bad things about the company that the company doesn't allow its employees to reveal. Looking up various definitions of the term, the activity reported on doesn't necessarily have to be illegal. Though I acknowledge that in many cases the activity involved is illegal.
Re:Facebook whistleblower says she wants to fix company, not... by stevetodd on Monday October 04, 2021 @12:53AM (#28743232)
> Scott Pelley: What is the legal theory behind going to the SEC? What laws are you alleging have been broken?

> John Tye: As a publicly-traded company, Facebook is required to not lie to its investors or even withhold material information. So, the SEC regularly brings enforcement actions, alleging that companies like Facebook and others are making material misstatements and omissions that affect investors adversely.

Re:Facebook whistleblower says she wants to fix company, not... by propergentle44 on Monday October 04, 2021 @04:44AM (#28744498)
How would any of this information affect investors adversely? What she revealed is that they actually are doing what is in the best interest of the shareholders. The users are not the investors. She just revealed what we all already know and what FB has known all along…that high engagement doesn’t mean the content is worth sharing at scale in all cases, and deciding whether that line is, is often very difficult and technology/rules need to catch up to solve that problem.
Re:Facebook whistleblower says she wants to fix company, not... by robbrown451 on Sunday October 03, 2021 @10:55PM (#28742515)
No but what Facebook is doing is harmful, and what she is doing is embarrassing to the company and to those who work for them.

For all I know, what she did is illegal. But I'm glad she did it, it was very brave and she puts herself at a lot of risk by doing it. If Facebook goes after her, they will undoubtedly get bad press and encourage government regulation and possibly even antitrust action.

Facebook and other social media aren't inherently bad, but the incentives are certainly there for them to amplify the worst of human nature. This is most likely a problem that needs people outside of Facebook (and all these other companies) to solve. I am 100% in agreement with her that it is a solvable problem.

Re:Facebook whistleblower says she wants to fix company, not... by farmerstan on Sunday October 03, 2021 @11:31PM (#28742736)
You didn’t read the article. By law, she is allowed to whistleblow and share internal documents.
Re:Facebook whistleblower says she wants to fix company, not... by robbrown451 on Sunday October 03, 2021 @11:37PM (#28742785)
I did read it. The law says she is allowed to share documents with the SEC. I don't know if she is allowed to go beyond that, such as doing this interview. And I certainly don't know all the requirements for it falling under that law.

Regardless, my whole point is that what she is doing is a positive and I salute her for it.

Also, just saw this (which says what I was saying, that going to the press can put her at legal peril): https://www.npr.org/2021/09/30/1042012393/facebook-whistlebl...

Re:Facebook whistleblower says she wants to fix company, not... by riazrizvi on Sunday October 03, 2021 @10:38PM (#28742427)
The claim lodged with the SEC is that Facebook Inc defrauded investors. Dodd Frank set up a whistleblower program for allegations of this kind.
Re:Facebook whistleblower says she wants to fix company, not... by curiousgal on Monday October 04, 2021 @12:29AM (#28743071)
I mean nothing gets corporations spooked like the SEC does! How could Facebook ever afford to pay those fines!
Re:Facebook whistleblower says she wants to fix company, not... by ramraj07 on Monday October 04, 2021 @02:13AM (#28743608)
Does it matter? The person and their lawyers found an angle through which the person cannot potentially be held liable for these actions.
Re:Facebook whistleblower says she wants to fix company, not... by riazrizvi on Monday October 04, 2021 @06:27PM (#28752978)
I do like a healthy slice of sarcasm.
Re:Facebook whistleblower says she wants to fix company, not... by wesleywt on Sunday October 03, 2021 @09:33PM (#28742089)
"Misleading" does not need to be illegal or fraudulent.
Re:Facebook whistleblower says she wants to fix company, not... by theptip on Sunday October 03, 2021 @10:26PM (#28742361)
To quote Matt Levine, “everything is securities fraud”. If FB is representing to the public that they are doing better than they actually are on fighting these issues, and the truth damages their share price, then they have committed securities fraud and will be sued by shareholders.
Re:Facebook whistleblower says she wants to fix company, not... by sasaf5 on Monday October 04, 2021 @12:25AM (#28743044)
and what is not securities fraud is wire fraud.
Re:Facebook whistleblower says she wants to fix company, not... by runarberg on Sunday October 03, 2021 @10:00PM (#28742232)
Are there no consumer protection laws which forbids a company from pushing a product to market that they know to be harmful to their customers? IANAL but it seems pretty illegal to my eyes.
Re:Facebook whistleblower says she wants to fix company, not... by arthurcolle on Sunday October 03, 2021 @10:31PM (#28742394)
I hate Facebook, but your statement begs the question: "who defines what is harmful"
Re:Facebook whistleblower says she wants to fix company, not... by cottsak on Sunday October 03, 2021 @11:10PM (#28742595)
I think we should agree that women and girls physically harming themselves is "harmful".

> Frances Haugen: And what's super tragic is Facebook's own research says, as these young women begin to consume this-- this eating disorder content, they get more and more depressed. And it actually makes them use the app more. And so, they end up in this feedback cycle where they hate their bodies more and more. Facebook's own research says it is not just the Instagram is dangerous for teenagers, that it harms teenagers, it's that it is distinctly worse than other forms of social media.

I just started listening to this https://www.audible.com.au/pd/More-Than-a-Body-Audiobook/035... which shows directly through research how this kind of depression leads to physical self harm.

Now I'm questioning why I even want to have an Instagram account.

Re:Facebook whistleblower says she wants to fix company, not... by jensensbutton on Monday October 04, 2021 @12:15AM (#28742987)
If you don't enjoy it, then you shouldn't. Otherwise enjoy.
Re:Facebook whistleblower says she wants to fix company, not... by _3u10 on Monday October 04, 2021 @12:26AM (#28743055)
It's like a motorcycle for dudes. The faster you go, the more you like it, the more likely you are to die.

Do I think motorcycles are harmful? No.

Re:Facebook whistleblower says she wants to fix company, not... by coliveira on Monday October 04, 2021 @12:35AM (#28743114)
It is very clear to any motorcycle user the risks associated with high speed. Not so to FB users.
Re:Facebook whistleblower says she wants to fix company, not... by seoaeu on Sunday October 03, 2021 @11:57PM (#28742904)
The "who defines" question isn't really much of a gotcha for laws. Either the legislature specifies when the pass the law, or courts get to decide when a case comes before them. Sometimes a jury is also involved.
Re:Facebook whistleblower says she wants to fix company, not... by rocqua on Monday October 04, 2021 @12:54AM (#28743238)
It is a huge question, because leeway in the definition, or political disagreement about the definition, makes for a law that is impossible to know you are breaking.

Vague terms should be avoided in laws. Vague terms with obvious political wiggle room should be avoided at all cost.