Last week Meta, the company formerly known as Facebook, lost about $250 billion dollars, or 26 % of its market value, which was the largest one-day drop for a U.S. company in history. I loved it.
Kara Swisher, the host of the podcast “Sway,” said this about Facebook, founded just 18 years ago:
Privacy violations, foreign interference, harmful impacts on teenage girls, data breaches, voluminous disinformation and misinformation, and the hosting of citizens charged with seditious conspiracy have made the company into the singular villain of this digital age.
Swisher’s article was published in the Feb. 6, 2022, issue of the New York Times, p. SR9.
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