Once the world’s sixth largest firm with a valuation of over $1 trillion, Facebook’s parent company Meta finished Thursday’s trading with a value of $565 billion. According to data compiled by Bloomberg, the social media giant has tumbled out of the world’s 10 largest companies by market value, hammered by its worst monthly stock decline ever.
Continue reading “Zuckerberg’s Facebook empire collapsing”
I have deleted my Facebook.
In fact, I never had one. Friends don't put their friends into a giant intelligence database controlled by a megalomaniac who calls his users "dumb fucks" for trusting him. pic.twitter.com/4KaUwRSLMm
— Defend Assange Campaign (@DefendAssange) March 23, 2018
By Doug “Uncola” Lynn via TheBurningPlatform.com
The heart of the wise inclines to the right, but the heart of the fool to the left.
– Ecclesiastes 10:2
For the time will come when people will not put up with sound doctrine. Instead, to suit their own desires, they will gather around them a great number of teachers to say what their itching ears want to hear. They will turn their ears away from the truth and turn aside to myths.
– 2 Timothy 4:3-4
Today, I read an exercise in surreality entitled: ”Yes, This Is Going To Be Worse Than Watergate”. When I first clicked the link, which was posted on Drudge this morning, I thought it was about the forthcoming Inspector General’s report and was hoping it might shed some light on FBI, DoJ, and State Department corruption at the highest levels. Instead, the article rendered liberal outrage at the possibility of the Evil Trump firing the noble and honorable Robert Mueller. The author, furthermore, claimed such a travesty would be a larger scandal than Watergate and lamented how not enough Republicans will join the high-minded, justice-seeking Democrats to save America.
Unbelievable.
Continue reading “Questions of a Stranger in a Brave New World”
Last week, after what must have been a series of extremely grim meetings in Menlo Park, Facebook admitted publicly that part of its revenue includes what appears to be politically motivated fraud undertaken by a shady Russian company. The social network, perhaps motivated by a Washington Post scoop on the matter, released a statement outlining the issues at hand, but leaving the most important questions unanswered. Only Facebook knows these answers, and we should assume they won’t be eager to volunteer them.
After last week’s reports, Facebook received a round of emails and calls from reporters asking for clarifications on the many glaring gaps in the social network’s disclosure:
Mark Zuckerberg, the 30-something billionaire founder of Facebook, hasn’t lived a ‘normal’ life…at least not at any point in the recent past. He grew up in a suburb of New York City and now hobnobs with the elites of Silicon Valley, at least when he’s not enjoying that massive chunk of Kauai that he recently purchased for his own private use.
So what do you do when you’ve become completely disconnected from the ‘foreign’ world that all of middle America calls ‘reality’ and have no idea why you just got massively blindsided by a national election that you thought was a foregone conclusion? Well, you take a trip to Williston, North Dakota.
Continue reading “Mark Zuckerberg Finally Figured Out Why Trump Won; Hint: It Wasn’t Russia”
By Doug “Uncola” Lynn via TheBurningPlatform.com
Graduation season. Parties, commencements, speeches and lots and lots of photos. Recently, I loaded all of the pictures onto a PC and saved them into a folder, digitally labeled and timestamped, for posterity. The next day, I noticed a message from Microsoft. It said: “Click here to see the photo album we created for you!” I clicked and saw the very same photos I had loaded just hours before. However, I never requested for my personal memories to be shared, let alone arranged into an album organized by the company whose operating system runs my computer. Evidently, somewhere a while back, a box must have been checked, or unchecked, thus surrendering my right to privacy.
Every day I receive e-mail requests from Linkedin.com, Facebook and other networking websites to follow, like, or join, with people I am actually acquainted with in the real world. The messages ask me if I “know” them as I see their photos and information along with the opportunity to electronically consummate with them, should I so choose.
Justin’s note: It’s time for a universal basic income (UBI).
At least, that’s what Mark Zuckerberg thinks.
Zuckerberg is the founder and CEO of social media giant Facebook. Last week, he spoke in favor of a universal basic income while delivering the commencement speech at Harvard’s graduation ceremony.
According to Zuckerberg, this generation owes a UBI to society:
Every generation expands its definition of equality, now it’s time for our generation to define a new social contract. We should have a society that measures progress, not by economics metrics like GDP, but by how many of us have a role we find meaningful. We should explore ideas like Universal Basic Income to make sure everyone has a cushion to try new ideas.
A UBI would have serious ramifications for society.
After reading about this, I wanted to get Doug Casey’s take on the matter. Below is a transcript of our conversation…
Every generation expands its definition of equality…
Now it’s time for our generation to define a new social contract. We should have a society that measures progress not just by economic metrics like GDP but by how many of us have a role we find meaningful. We should explore ideas like universal basic income to make sure everyone has a cushion to try new ideas.
-Mark Zuckerberg, Facebook CEO
Here we go. Get ready for the media to start hammering the basic income meme.
Why is someone worth $62 billion complaining about inequality? Why is the world’s 6th richest man lecturing the public on the wealth gap, and floating ideas like the government spreading OUR wealth around while hoarding his own?
Continue reading “The Real Reason Zuckerberg Supports A Universal Basic Income”
This means that even as Facebook was incrementally barring law-abiding citizens–including licensed gun dealers–from advertising firearm sales for self-defense, they were spending millions to keep Zuckerberg surrounded by hired guys carrying guns.
Facebook’s ban on the advertisement of gun sales has even led to the deletion of accounts on which the word “firearms” is included.
According to Quartz, Zuckerberg “famously takes $1 annual salary” from Facebook. However, Facebook “revealed that it spent more than $16 million over the past five years on private air travel and other aspects of Zuckerberg’s ‘overall security program.’”
The amount of money spent on Zuckerberg’s security was disclosed after the SEC pressed Facebook to explain whether “security expenses” were included in “Zuckerberg’s annual compensation package.”
The company, which had previously only disclosed travel costs, provided the SEC with security costs for Zuckerberg as well. “Facebook had previously claimed that it didn’t have to report Zuckerberg’s security costs because the measures weren’t put in place for his convenience, so they didn’t fall under rules governing the disclosure of executive perks.”
Zuckerberg’s number two–chief operating officer Sheryl Sandberg–spent $1.25 million on security last year.
Breitbart News reported that private citizens were banned from advertising gun sales on Facebook on January 29.
In a private Facebook post obtained by Gizmodo, Zuckerburg told employees that their behaviour was “malicious” and “disrespectful,” and reminded them that there are “specific issues affecting the black community in the United States.”
“This has been a deeply hurtful and tiresome experience for the black community and really the entire Facebook community, and we are now investigating the current incidents,” said Zuckerberg.
Zuckerberg went on to encourage employees to take part in the “Black@ town hall” on the 4th of March to “educate themselves about what the Black Lives Matter movement is all about.”
The Facebook CEO is not the only Silicon Valley bigwig to express his support for Black Lives Matter, a movement that has wreaked havoc on US campuses and cities. Twitter CEO Jack Dorsey is a well-known Black Lives Matter supporter who marched alongside protesters in Ferguson, Missouri and is acquainted with movement leader DeRay Mckesson.
Zuckerberg’s comments come as the company takes an increasingly tough approach to monitor and remove “hate speech” across the platforrm, working with Angela Merkel and the German government, who are particularly concerned with “hate speech” against migrants. It also comes as other silicon valley companies like Twitter and GitHub become increasingly reckless about displaying their political biases.
“All Lives Matter” is a slogan that developed in response to “Black Lives Matter.” It has been defended by Sen. Tim Scott (R-SC), Southern Carolina’s first black senator since the reconstruction, as a more unifying slogan than the latter.
“If it causes offense that I say that ‘all lives matter’ — black lives, white lives, police officers, jurists, all of us, even politicians, all of our lives matter — if that is somehow offensive to someone, that’s their issue, not mine,” Scott told CNN last September.
“If we’re saying that the country has a provocative history on race, I affirm that fact,” he stated. “But for under the circumstances, to find a way forward, it is truly together.”
