• AutoTL;DR@lemmings.worldB
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    9 months ago

    This is the best summary I could come up with:


    Taking a digital camera on a night out, then tagging your friends in dozens of pictures was a staple of teenage life in the late noughties.

    The most publicised case was the Cambridge Analytica scandal in 2014, which led to Facebook paying $725m to settle legal action due to a significant data breach.

    For example, in the five months leading up to the US presidential election of 2020, incumbent President Donald Trump’s team spent more than $40m on Facebook adverts, according to Statista research.

    Facebook has had a hand in changing grassroots politics too - by enabling disparate groups of users to gather, campaign and plan action on a global scale.

    With the huge success of Facebook, Mark Zuckerberg built a social network and technology empire that remains unprecedented in terms of users and its consequent power.

    In 2022, Meta was forced to sell GIF-maker Giphy at a loss after UK regulators blocked it from owning the service due to fears of over-dominance in the market.


    The original article contains 980 words, the summary contains 166 words. Saved 83%. I’m a bot and I’m open source!

  • funkless_eck@sh.itjust.works
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    9 months ago

    I was at a booklaunch last night of a memoir from the 90s…There was discussion over how social media would have changed the authors life - but actually I think that cyberbullying / influence of named social media will decrease as time goes on

    One of Facebooks principals was “your real name, your real face” and that’s what’s held it back from staying relevant. It’s had to diversify into insta and whatsapp because people flock to semi-anonymous, easily-moved profiles because that’s what the internet always likes.

  • Wiggums@lemmy.world
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    9 months ago

    why do people still use meta products? Facebook insta what’s app…

    I have friends that all abandoned FB only to jump on insta and I am gobsmacked by that choice