One of Facebook's Earliest Investors Says People Have Lost Trust in Company

Bloomberg2021-10-14

Facebook Inc.has lost people’s trust “for good reasons” and isn’t responding well to whistle-blower claims that the social-media giant prioritizes profit over user safety, according to one of its ...

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精彩评论

rayjs
2021-10-14
rayjs
Qaaaa
Niknaks
2021-10-14
Niknaks
Do you notice Fb goes higher on negative news?
x2espresso
2021-10-14
x2espresso
Buy on the dip Fb is still the largest social media
- weng1245:
  OK
- Potato3:
  Indeed
- Enaikhe:
  facts.
Johnlimwt
2021-10-14
Johnlimwt
Really ???
- Johnlimwt:
  Yeap
- Glarethis:
  Ok

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Facebook should have been more proactive in response to troubling signs revealed in its own research, he said.\n“Good for Facebook for doing the research,” Hoffman said. “You discovered some things that are harmful -- what are you doing about it?”\nFacebook is embroiled in controversy after a former employee, Frances Haugen, shared thousands of pages of internal research and documents. They depict a company struggling with content moderation, giving preferential treatment to high-profile accounts and weighing the mental-health harm caused by Instagram on teen girls.\nLast month, the Wall Street Journal published some of the research provided by Haugen, who thentestifiedon Oct. 5 before a panel of the Senate Commerce Committee. At the hearing, she slammed Facebook for not prioritizing the well-being of its users. The company’s founder and chief executive officer, Mark Zuckerberg, denied the characterization, saying it was “just not true.”\nHoffman, who is a partner at venture capital firm Greylock Partners and a co-founder of LinkedIn, said he hasn’t yet spoken to Zuckerberg but has offered his help with the crisis that the company is facing.\nTo regain trust, Facebook has to be “extra transparent,” he said. “They have to come forward and say, ‘Look, here’s our dashboards, here’s our metrics, here is the ways we are trying to work on this and do things.”\nOne particular area of scrutiny is the impact of Facebook’s services on children. In that area, Facebook’s products have the potential to be “great,” Hoffman said. 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