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Facebook Censored the People and the People are Censoring Back
Facebook has been under a lot of scrutiny the past few years because of the way they censor information they do not like. Although the pretense is that they block “misinformation” for the common good, they recently admitted in court that they are really limiting opinions they don’t like. This is not a hard thing for Facebook to accomplish as so many of the “fact checkers” admit to hating conservative opinion. But I digress.
Facebook’s latest infraction against free speech is removing Facebook pages of US Truckers organizing protests against vaccine mandates.
There are no shortages of complaints being levied against Facebook, yet they have weathered the storm despite security issues, protests and a number of unscrupulous business practices. Perhaps changing their name to Meta was a way of distancing themselves from the cloud of controversy that surrounded them? If so, there are signs that it might not be working. Facebook has roughly 2 billion active users worldwide. However, that number is in flux and potentially on a downward spiral. Why? For the first time – EVER, Facebook lost one million daily active users in the most recent quarter; according to Axios.
As a result, Facebook’s stock (I know its META now but, its still Facebook to me) nosedived 20 percent which cost the company over $200 billion dollars. And since Mark Zuckerberg is one of the top major stockholders in Facebook (META, whatever) he took a hit on his personal finances – bigly. How bigly? $29 Billion dollars!
So, what’s to blame for so many people leaving all at once? Zuckerberg thinks its competition from the likes of TikTok. To quote NikkeiAsia…
“People have a lot of choices for how they want to spend their time, and apps like TikTok are growing very quickly,” Zuckerberg said on Meta’s earnings call.
I’m sure that’s part of it. I speculate also that a good number of people are simply fed up with Facebook’s antics and are choosing to walk away. I also think Karma has played a hand in it as well. But, who can say for sure? Will the trend continue? If past is prologue, I predict yes, especially as we get closer to the midterm elections. Time will tell how accurate my prediction is.
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