Data
Exploiting data to manipulate human behavior has always been Facebook’s business model. The metaverse will be no different. The announcement of Meta, the company’s VR and AR-forward rebrand, is the culmination of a vision that should have been obvious from the start. In 2021, Facebook’s colonization of social data has eclipsed the internet as we
Capitalism
Mark Zuckerberg’s turn toward the “metaverse” claims to put an extra digital layer on top of the real world. But Facebook’s new Meta brand isn’t augmenting your reality — it just wants to suck more money out of it. On Thursday, Facebook changed its name to Meta, as part of a broader shift toward the
Data
“Even though several of the ISPs promise not to sell consumers personal data, they allow it to be used, transferred, and monetized by others.” Over the last few years the justified fixation on the bad behavior of Google, Amazon, Facebook and other Silicon Valley giants has let the abuses of the telecom sector fly under
Data
Facebook has lost people’s trust “for good reasons” and isn’t responding well to whistle-blower claims that the social-media giant prioritizes profit over user safety, according to one of its earliest investors, Reid Hoffman. Bloomberg:“I’m disappointed,” Hoffman said Wednesday in an interview. Facebook should have been more proactive in response to troubling signs revealed in its own research,
Data
A coalition of nonprofits on Wednesday debuted HowToStopFacebook.org, a fresh push to encourage greater government regulation of the social networking giant aimed at forcing the company to change its business model. From a report:The campaign hopes to take the outrage expressed by legislators over the revelations of whistleblower Frances Haugen and translate it into action. The campaign