META 240823 517.50P (META240823P517500) Stock Options, News & Quotes

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Comments

Tonyco

1 hour ago

$Meta Platforms (META.US)$
Facebook’s Sheryl Sandberg Knew About Inflated Ad-Reach Figures for Years, Lawsuit Claims
This isn't going to go away. That article is from 2021.
How many millions of people have 401ks etc that have retirement stakes in Facebook? I asked AIchatbot to see if it could find out how bad it might be:
" A stock crash of Facebook would primarily affect Facebook's shareholders. For example, past incidents like the Cambridge Analytica scandal and disappointing earnings reports ...

Tonyco

1 hour ago

$Meta Platforms (META.US)$
britewire.com/m...
Article from 2019, saying at least 50% of users on Facebook are fake.
Meta is constantly settling lawsuits with strict NDAs about this issue.
It shouldn't be a surprise, not only are user metrics self reported and unregulated, it's in their financial self-interest to keep these metrics unclear.
Apart from the initial "value" inan audience of billions, once a company DOES pay for advertising and sees a lack of results, Facebook charges them EVEN MO...