57 Billion Friendships

  • #DeleteFacebook has entered the public consciousness. Several mediaoutlets have run stories instructing users how to delete their Facebook accounts. WhatsApp cofounder Brian Acton, which Facebook purchased in 2014 tweeted “It is time. #deletefacebook” When asked to respond to #DeleteFacebook Mark Zuckerberg admitted “It’s not good.”
  • Wall Street is doing their own version of #DeleteFacebook. Facebook has lost nearly $50 billion in value since last week’s news broke and as of Fridaymorning Zuckerberg’s apology tour hadn’t stopped the bleeding.
  • Mozilla has stopped running paid ads on Facebook and there’s a growing call for other companies to follow suit.
  • Both Congress in the US and Parliament in the UK are calling on Zuckerberg to personally testify before them rather than sending other Facebook staff. Calls for Facebook to be regulated have also gone global and even Zuckerberg said that he’s “not sure [Facebook] shouldn’t be regulated.”
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Melissa Ryan

Melissa Ryan

Politics + technology. Author of Ctrl Alt Right Delete newsletter. Subscribe here: https://goo.gl/c74Vva. Coffee drinker. Kentucky basketball fan.