Is Facebook doing more harm than good?

"Hedge funds that were previously complacent to recent negative stocks are causing concern overnight," said Jahanara Nissar, an badyst at Lynx Equity Strategies.

The snowball of bad news is catching up with society. Equities had their worst day in more than two months on Friday, down 2.5% to close at $ 165.98.

The negative sentiment for Facebook, measured in tweets on Twitter, reached its highest level in nearly eight months on Thursday. While the thousands of daily tweets about the company can give rise to a wave of feelings, Facebook has not witnessed many negative comments since July, the day after disappointing numbers related to the growth in the number of people. 39 users and the growth in the number of users having caused the highest number of sales ever recorded.

But none of these questions will put Zuckerberg to the test of the tragedy of New Zealand.

The mbadacre in two mosques took place after the shooter posted links to a long racist manifesto on the site and a forum known for his extremist views. His vision of first-person carnage as he described it was immediately posted on the Internet.

Facebook said that it "promptly deleted the shooter's Facebook and Instagram accounts," and removed any mention of praise or support for filming. But that's exactly the kind of event that Zuckerberg is committed to working harder to avoid. The company has hired thousands of people to manually filter off offensive and dangerous content and inject money into technologies such as artificial intelligence to more effectively badyze and filter live video content. And even.

Zuckerberg, 34, acknowledged the difficulty of controlling the content of the 2.7 billion users that power Facebook's extremely profitable advertising engine. The company's business model is based on showing people the messages they are most likely to react to emotionally, which often has the side effect of amplifying false news and extremism.

Mary Anne Franks, a law professor at the University of Miami, said there was "no way responsible for moderating a true live broadcast service".

Facebook has always known that the service had the potential "to encourage and amplify the worst of humanity, and he must face the fact that he has blood on his hands," she said.

More harm than good?

More and more consumers, lawmakers and investors are wondering if the company created in 2004 in the dormitory of Zuckerberg University at Harvard is doing more harm than good.

The complaints are mounting more and more face to the fact that Facebook has done badly to protect data or protect users against the spread of hate speech, misinformation and live footage of violent events. The experts may have been wondering aloud that it was time for regulators and politicians to step in.

Equities had their worst day in more than two months on Friday, down 2.5% to close at 165.98 USD.

And that was before the tragedy in Christchurch, New Zealand, which alone would have caused introspection among all CEOs. For Zuckerberg, this could not have happened at a worse time.

A few days after Warren unveiled his dissolution plan, Facebook pulled his ads on the proposal platform. Zuckerberg's defense of the social network as a place for public debate and for all points of view was not a good idea. Facebook said that Warren's ads violated the company's policy against the use of the company's logo, but "in the interest of allowing lively debate, we restore commercials ".

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Wednesday, Facebook was facing two new crises. Around 11:15, New York time, Facebook applications and sites, from news feeds to Instagram and WhatsApp, began to be used around the world. Problems faced by users ranged from slow loading of pages to deletion of content or problems with sending messages.

The blackout continued on Thursday afternoon, the longest period where Facebook properties have been registered offline since 2012. Facebook said the problem was a result of a change in its configuration. computer servers.

"We are sorry for the inconvenience and we appreciate everyone's patience," said the company.

While anxiety around the blackout was reaching its peak, the company was beset by the fact that an investigation by the US Department of Justice was expanding to include a federal grand jury to New York. The grand jury has badigned records from at least two smartphone makers and other electronic devices that have partnered with Facebook, the New York Times reported, citing unidentified persons aware of the requests.

"As we have already said, we cooperate with the investigators," said Facebook.

There is simply no way responsible for moderating a real live broadcast service.

Mary Anne Franks, Professor of Law at the University of Miami

The company faces ongoing investigations worldwide over alleged breaches of privacy revealed last year due to its relationship with Cambridge Analytica. The US Federal Trade Commission announced last month the creation of a task force to examine the anti-competitive behavior of Facebook, Google and other technology companies. Several state prosecutors are also looking at Facebook's privacy practices.

"We provided public testimony, answered questions and promised to continue," said Facebook.

Partly in response to pressure on Facebook to change the way it manages users' privacy, curbs false news, and monitors abusive or violent content, Zuckerberg recently announced a pivotal product development for private communications. ephemeral and encrypted. It was a striking change for a company that based its business on open sharing. And probably prompted the departure of one of Facebook's top executives.

Chris Cox, who had been working in the company for 13 years, announced that he would leave in a Facebook post on Thursday. Cox had helped to invent and develop the news feed.

The departure of Cox hinted at a different point of view than Zuckerberg's on the future of Facebook. "We are turning a new page in the direction of our product," said Cox. "It will be a big project and we will need leaders who are excited to see the new direction come to fruition." Chris Daniels, who ran WhatsApp, is also leaving Facebook, the company said.

Bloomberg