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The Mueller indictment exposes the danger of Facebook’s focus on Groups [The Verge]

FACEBOOK (FB)  More Company Research Source: The Verge
Last facebook earnings: 7/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
PDF It’s tribes all the way down A year ago this past Friday, Mark Zuckerberg published a lengthy post titled “ Building a Global Community .” It offered a comprehensive statement from the Facebook CEO on how he planned to move the company away from its longtime mission of making the world “more open and connected” to instead create “the social infrastructure ... to build a global community.” He identified a number of challenges to realizing his mission, and ranking high among them was the political polarization of his user base. “Social media is a short-form medium where resonant messages get amplified many times,” Zuckerberg wrote. “This rewards simplicity and discourages nuance. At its best, this focuses messages and exposes people to different ideas. At its worst, it oversimplifies important topics and pushes us towards extremes.” By that standard, Robert Mueller’s indictment of of a Russian troll farm last week showed social media at its worst. The special counsel filed [Read more]

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