🔑 Facebook, founded by Mark Zuckerberg, has faced various controversies including data breaches and election fraud.
👶 Mark Zuckerberg, the youngest billionaire, started his journey with Facebook at the age of 23.
🔍 Mark Zuckerberg's upbringing, education, and early ventures shaped his path to creating Facebook.
💡 Facebook was founded by Mark Zuckerberg, who settled a lawsuit with Cameron and Tyler Winklevoss for $65 million.
🔍 A scandal arose in 2014 when a personality test on Facebook allowed access to users' personal data and their friends' data.
🌍 By 2018, Facebook had 2.2 billion monthly active users, making it a global success story.
📊 The personal data of 87 million people was obtained through a survey on Facebook.
💰 The data was sold to another company for 1 million dollars.
🗳️ Cambridge Analytica used manipulative tactics and fake news to support republican candidates.
🗳️ Voters were manipulated to vote for Trump through intimidation and targeting special ads.
🌍 3500 advertising campaigns from Russia aimed to influence the election.
💣 Cambridge Analytica used Facebook data to create personalized ad campaigns and spread fake news.
💰 Facebook was fined $5 billion and Cambridge Analytica was shut down.
🔐 200 million Facebook users' personal data was exposed and used manipulatively.
💻 Social media usage significantly increased during the Covid-19 lockdown.
💡 Facebook exposes users to fake health information and poses a danger to public health.
🔍 Facebook claims to be working on limiting false information but has only removed 7 million pieces of content.
📱 WhatsApp, acquired by Facebook, faced backlash for sharing user data and caused users to switch to alternative messaging apps.
🔥 WhatsApp postponed a change after facing intense backlash and later implemented it successfully.
⚖️ Facebook was sued for $2 billion for its algorithm's role in spreading hate crimes and violence during the Ethiopian civil war.
🌍 Despite the excitement around Metaworlds, Facebook has not made significant progress in that area.
📉 Facebook's parent company, Meta, is laying off 11,000 people due to economic contraction.
📉 The number of daily active users on Facebook has decreased for the first time in its history.
🔍 Facebook's reputation and profitability are declining.