Search / 4 results found Showing: 4 of 4
Stop the presses: Facebook seeks to maximize profits. Frances Haugen, a former Facebook employee, appeared on "60 Minutes," where she slammed Facebook, a publicly owned corporation, for "optimizing for content that gets engagement." In other words, FB tries to keep users on its platform as long as possible to make money, something that a publicly held company has a fiduciary obligation to shareholders to do.
It was a terrible week for Facebook.
If Mark Zuckerberg seems irritable, he has good reason. His Facebook Empire is facing a digital scandal provoked by a former employee turned whistleblower.