The Meta Trial Shows the Dangers of Selling Out

The Meta Trial Shows the Dangers of Selling Out - Overpasses For America

Meta has a lot at stake in the current FTC lawsuit against it. In theory a negative verdict could result in a company breakup. But CEO Mark Zuckerberg once faced an even bigger existential threat. Back in 2006, his investors and even his employees were pressuring him to sell his two-year-old startup for a quick payoff. Facebook was still a college-based social network, and several companies were interested in buying it. The most serious offer ca…

The Meta Trial Shows the Dangers of Selling Out

Several founders of hot startups took big payouts and let Mark Zuckerberg gobble up their companies—and came to regret it.

The Meta Trial Exhibits the Risks of Promoting Out

Meta has rather a lot at stake within the present FTC lawsuit in opposition to it. In idea a detrimental verdict may end in an organization breakup. However CEO Mark Zuckerberg as soon as confronted an excellent greater existential risk. Again in 2006, his traders and even his staff have been pressuring him to promote his two-year-old startup for a fast payoff. Fb was nonetheless a college-based social community, and a number of other corporatio…

Making ‘Careless People’ Care – Pixel Envy

Cory Doctorow: The important thing about Facebook’s carelessness is that it wasn’t the result of the many grave personality defects in Facebook’s top executives – it was the result of policy choices. Government decisions not to enforce antitrust law, to allow privacy law to wither on the vine, to expand IP law to give Facebook a weapon to shut down interoperable rivals – these all created the enshittogenic environment that allowed the careless …

At the heart of the FTC's investigation, testimonies and documents highlight the imbalance of treatment between the two platforms, ten years after their rapprochement.