Kara's Analysis: It's Fakebook

As the post title says, the new, apropos moniker for Facebook, Inc. (Nasdaq: FB) has arrived. A snippet of Kara Swisher's reporting follows, read it and marvel at the prevarication of Zuckerberg et cie. That is all.

"Not making these hard choices won’t work: The many indignities of being a Facebook user are making the platform a worse and worse place to be. So far, that has yet to infect the business itself, which is making money and continues to grow. But without a steadier hand at the wheel, Facebook cannot outrun a simple fact: It’s still Fakebook, and we already know how that story will end. Badly." - via Kara Swisher, writing at The New York Times

Facebookery: All The Many Datas of Zuckerberg

via Sam Biddle, writing at The Intercept, comes this astonishing story of manifest Facebookery firmly situated within the rarified telecom world of data sharing between and betwixt the telecom leviathans and that scourge of privacy Facebook, Inc. (Nasdaq:FB). h/t

“What they’re doing is filtering Facebook users on creditworthiness criteria and potentially escaping the application of the Fair Credit Reporting Act. … It’s no different from Equifax providing the data to Chase.” - via Sam Biddle, reporting for The Intercept, with this superb article

Facebookery, The Hoovering

Another day, another data thievery revelation at Facebook, Inc. (Nasdaq: FB). It's time for our national law enforcement agencies to take action and act in the manner they would against any other organized criminal enterprise. Raid the corporate headquarters, arrest, detain, interrogate and incarcerate the C-level personnel (including recently separated personnel) and prosecute. Then there's this well crafted explanaotry post at The Hacker News providing another take on the company's criminal behaviors...

'An anonymous security researcher, who sports the handle e-sushi on Twitter, first noticed that the company was asking some new users to enter their email passwords to verify their identities, a deeply anti-security request even on its own. Business Insider then spotted that if you did this a dialogue box popped up warning you – with no chance to cancel, pause or opt out – that it was importing all your contacts.' - via John Oates reporting for El Reg