Ok fine, but why the fuck has it knocked out Betoota? Chaser and Shovel gone too.facebook probably thinks they're legitmate news sources :lol bout on the same level of truthliness as american news sites tbh
Let's hope they manage to kill each other
How do you even enforce something like this
How do you even enforce something like thissame way they've stopped me from posting porn :stahp
How do you even enforce something like thissame way they've stopped me from posting porn :stahp
it was all very tasteful :dogeIt was all full of @Tasty? WTF bro?
On Thursday night, a judge allowed the unsealing of legal documents showing that Facebook has been engaged in fraud against advertisers. The firm told advertisers that its ads reach many more people than they actually do, inducing ad buyers to spend more money on the platform than they otherwise would have. The documents revealed that Facebook COO Sheryl Sandberg directly oversaw the alleged fraud for years.
The scheme was simple. Facebook deceived advertisers by pretending that fake accounts represented real people, because ad buyers choose to spend on ad campaigns based on where they think their customers are. Former employees noted, that the corporation didn’t care about the accuracy of numbers as long as the ad money was coming in. Facebook, they said, “did not give a shit.”
The inflated statistics sometimes led to outlandish results. For instance, Facebook told advertisers that its services had a potential reach of 100 million 18 to 34-year-olds in the United States, even though there are only 76 million people in that demographic. After employees proposed a fix to make the numbers honest, the corporation rejected the idea, noting that “the “revenue impact” for Facebook would be “significant.” One Facebook employee wrote, “My question lately is: how long can we get away with the reach overestimation?”
[...]
The first time was the famous ‘pivot to video’ moment when Facebook lied to advertisers and media outlets about video metrics, causing media outlets to rearrange their business models and then lay off journalists. Facebook eventually paid off some advertiser to go away after they sued, but the scandal also came up in the House Antitrust Subcommittee hearing, when Congressman Jerry Nadler confronted Mark Zuckerberg with it. Then, late last year, Facebook told advertisers in November it had been over-estimating the performance of their ad campaigns. It had known about the lie for two months before telling the defrauded parties, and, chalking it up to a technical glitch, gave advertisers not money back but coupons for Facebook services.
There’s more bad behavior. In 2018, there was the Cambridge Analytica Federal Trade Commission settlement where Facebook paid a $5 billion fine for mishandling customer data, which was itself a response to a 2011 consent decree over Facebook mishandling customer data. And guess what? Facebook has likely violated the 2018 decree already! The New York Department of Financial Services just criticized the firm for “collecting unauthorized data about people’s medical conditions, religious practices and finances” and then using this data to engage in targeted advertising. So that’s a violation of a consent decree over data fraud that was reached as a result of an earlier consent decree reached over data fraud.
[...]
(https://i.imgur.com/iz8XL1s.png)
[...]
In other words, despite what Facebook’s PR armies are saying, it isn’t a link tax, it is an anti-monopoly law that Facebook is opposing because the law will undermine the firm’s ability to monopolize the ad market and force transparency in how the firm gathers and manages its vast data horde. In some ways, it is an existential threat to the company (which I think might be hiding some things about its business model, considering its revenue is growing at 20-30% a year even though its user base in the U.S. and Europe where it makes most of its money is flat).
Facebook’s response to this law was to flex some serious muscles, and block the sharing of news in Australia on its platform. Doing so was a disaster, at least PR-wise, because it revealed how much power Facebook really has. The social media monopolist lost credibility globally, with Canadian and UK politicians attacking the firm as a bad faith actor. Facebook even lost American support; as late as last month, the United States Trade Representative was supporting the company against Australia’s law, but the American government seems to have switched course, and is now neutral. It’s now only a matter of time before Facebook is broken up and regulated.
The details of this law are interesting, but the real point of what Australia is doing is to that it is asserting the rule of law against a monopolist. In response, Facebook is saying, we are more powerful than your democratic officials.
As far as I have read, other governments in Europe are preparing similar legislation and I think Canada too.For Europe there is another reason to take down facebook. The EU wants to create an environment where European big tech companies could be competitive.
The Australian government should now force all ISPs to block facebook, whatsapp, instagram and oculus (yes no more vr porn), and seize all FB Inc. assets and property tht are held in Aus. Please escalate this conflict so that the rest of us can enjoy the fallout.Even the "left" in Australia would baulk at that suggestion haha.spoiler (click to show/hide):gaas :auscry[close]