Thursday, 26 April 2018

Despite all your rage, Wall Street still doesn’t give a fuck

Despite all your rage, Wall Street still doesn’t give a fuck
By Bryan Clark


After a string of bad press and the worst crisis in its 14-year history, Facebook today posted gains of 63 percent in profit, and 49 percent in revenue. Or, to put it another way, Wall Street gives zero fucks about your privacy concerns. For a company neither stalled nor slowed by the #DeleteFacebook movement, rapidly shifting public sentiment after the Cambridge Analytica scandal, or the non-story that came of our android overlord Mark Zuckerberg’s trip to brief Congress on the differences between WhatsApp and email, it’s clear that regulation might be our only way out — assuming lawmakers can make…

This story continues at The Next Web


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