• Home
  • Featured
  • Facebook planning to change its name next week to shake off multiple scandals
Featured

Facebook planning to change its name next week to shake off multiple scandals

In 2019, the Federal Trade Commission fined Facebook $5 billion for allowing 87 million US profiles to be harvested for information used for political advertising by British firm Cambridge Analytica.

Some of the advertising was used to help the 2016 campaign of former president Donald Trump.

Most recently, former Facebook employee Frances Haugen released a trove of documents dubbed the ‘Facebook Files’ to the Wall Street Journal.

The internal research suggests that Facebook promoted divisiveness as a way to keep people on the site. It also showed that the company knew Instagram harmed young girls’ body image and even tried to brainstorm ways to appeal to toddlers by ‘exploring playdates as a growth lever.’

Haugen, who anonymously filed eight complaints about her former employer with the US Securities and Exchange Commission, told 60 Minutes earlier this month: ‘Facebook, over and over again, has shown it chooses profit over safety.’

She claimed that a 2018 change prioritizing divisive posts, which made Facebook users argue, was found to boost user engagement.

That in turn helped bosses sell more online ads that have seen the social media giant’s value pass $1 trillion.

‘You are forcing us to take positions that we don’t like, that we know are bad for society. We know if we don’t take those positions, we won’t win in the marketplace of social media,’ Haugen said.

She also blamed Facebook for spurring the January 6 Capitol riot.

Haugen, who spent two years at Facebook after working at Google, Yelp and Pinterest, testified in Congress on October 5.

Related posts

Priest questions why twice-divorced Boris Johnson was allowed to remarry in Catholic Church

theKorrespondent

K!lling Christians is the only offence without consequences – Bishop Kukah

theKorrespondent

FG invites Labour for emergency meeting Tuesday, offers minimum wage above N60,000 as NLC/TUC to meet today to decide fate of ongoing strike

theKorrespondent

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More