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This company should have been broken up long ago.
by esarbe 5y ago
This company should have been broken up long ago.
- missedthecue 5y agoInto what? All your problems with FB would be remediated if the government forced them to IPO Instagram and Whatsapp as separate companies?
- JulianMorrison 5y agoWhich demonstrates the error of allowing companies to exist as long as they're "competitive" with no requirement that they play nice with others.
- iakov 5y agoNot all of them, but that would slow down their hypnotizing ad-feed machine. Baby steps into this direction are way better than the metaverse bullshit that we'll see in a few years down the road IMO.
- missedthecue 5y agoWould it? How do you think a standalone Instagram would make money? It would still be run by the same management, maintained by the same developers, and still owned in part by Zuckerberg. The only thing that would change is that Instagram devs W-2s would say Instagram inc instead of Facebook inc
- franczesko 5y agoI think, that the first step should have been treating social media platforms as media companies. This would be enough to hold them accountable for their impact on the society.
- vanattab 5y agoHow so? What would this change?
- bxparks 5y agoNot sure if that would fix all the problems. I think the SEC (or Congress, if legislation is required) should prohibit publicly traded companies from having dual-class shares with a 10 to 1 supervoting ratio. Some of the problems with FB are probably caused by Zuckerberg being accountable to no one.