There is a gaping hole in this article, and that's the accusations of securities fraud. There were already a number of credible accusations of advertising frau

There is a gaping hole in this article, and that's the accusations of securities fraud. There were already a number of credible accusations of advertising fraud when they lied to advertisers about how effective their ads are, which then became securities fraud when they lied to investors, way before the Haugen leaks. These are just a couple: - https://www.cbsnews.com/news/facebook-committed-fraud-lawsuit-claims/ https://www.cbsnews.com/news/facebook-committed-fraud-lawsui... - https://theintercept.com/2020/12/24/facebook-ad-targeting-small-business/ https://theintercept.com/2020/12/24/facebook-ad-targeting-sm... Lots of emotional puffery disguised as fancy business nuance about Facebook instead of looking at how their business model is actually run in reality. He admits that he's biased, and it shows. This really reads like someone trying not to understand something for the sake of their salary.