Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Is There an Upside Surprise Coming for Facebook Stock?

My March story saying Facebook faced an unexpected battlefield over privacy, my warnings that the attention economy was peaking and that Facebook was facing a perfect storm of criticism were followed by a rally that took the shares as high as $217 in July. By Christmas, of course, Mark Zuckerberg fans had coal in their stockings, as the shares fell to a low of $124. Elite opinion followed, and users were offered detailed instructions about how to leave the service, even how to permanently delete Facebook data. But it’s not that easy as I learned at my neighborhood Christmas party. It’s a lot easier to set up your group to communicate on Facebook than to build even a simple Web site. Even though they know Facebook is scraping and re-selling their data, the editor of my favorite local news site still does his personal updates on Facebook.

First found on: And then on: 1 other references