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Category Archives: Social Media

The Antitrust Case Against Facebook

Srinivasan, Dina, The Antitrust Case Against Facebook (September 10, 2018). Berkeley Business Law Journal Vol. 16, Issue 1, Forthcoming. Available at SSRN: https://ssrn.com/abstract=3247362

“The Facebook, Inc. (“Facebook”) social network, this era’s new communications service, plays an important role in the lives of 2+ billion people across the world. Though the market was highly competitive in the beginning, it has since consolidated in Facebook’s favor. Today, using Facebook means to accept a product linked to broad-scale commercial surveillance — a paradox in a democracy. This Paper argues that Facebook’s ability to extract this qualitative exchange from consumers is merely this titan’s form of monopoly rents. The history of early competition, Facebook’s market entry, and Facebook’s subsequent rise tells the story of Facebook’s monopoly power. However, the history which elucidates this firm’s dominance also presents a story of anticompetitive conduct. Facebook’s pattern of false statements and misleading conduct induced consumers to trust and choose Facebook, to the detriment of market competitors and consumers’ own welfare.”

Cognitive scientist explains why humans are so susceptible to fake news and misinformation

Nieman Lab – “We might like to think of our memory as an archivist that carefully preserves events, but sometimes it’s more like a storyteller.” “How fake news gets into our minds, and what you can do to resist it Although the term itself is not new, fake news presents a growing threat for societies… Continue Reading

NYT – How to Cover 2020: Assume Nothing and Beware of Twitter

The New York Times – “Journalists have no idea how the 2020 election will play out. And that’s a good thing. Some of the country’s top political journalists came together last week for a gathering convened by the strategist David Axelrod, to talk about how to cover the presidential race in a way that won’t… Continue Reading

Leaked docs expose how Facebook management leveraged user data for partners – against rivals

NBC News – “Facebook CEO Mark Zuckerberg oversaw plans to consolidate the social network’s power and control competitors by treating its users’ data as a bargaining chip, while publicly proclaiming to be protecting that data, according to about 4,000 pages of leaked company documents largely spanning 2011 to 2015 and obtained by NBC News. The… Continue Reading

Four Steps Facebook Should Take to Counter Police Sock Puppets

EFF: “Despite Facebook’s repeated warnings that law enforcement is required to use “authentic identities” on the social media platform, cops continue to create fake and impersonator accounts to secretly spy on users. By pretending to be someone else, cops are able to sneak past the privacy walls users put up and bypass legal requirements that… Continue Reading

Law enforcement taps Google’s Sensorvault for location data

The New York Times – The tech giant records people’s locations worldwide. Now, investigators are using it to find suspects and witnesses near crimes, running the risk of snaring the innocent. “…The warrants, which draw on an enormous Google database employees call Sensorvault [Sensorvault, according to Google employees, includes detailed location records involving at least… Continue Reading

Libraries lean on Twitter, Facebook and Instagram to reel you in

cnet.com – From pithy tweets to Insta Novels on Instagram, libraries around the world are using social media to entertain and reach their audiences. “:ast summer, the New York Public Library wanted to make classic literature more enticing to young readers. You know, readers who are more likely to scroll through a text message than… Continue Reading

Transparency tool on FB inadvertently provides window into confusing maze of companies who have your data

BuzzFeedNews – “On Facebook under Settings, there’s a page in the Ads section where you can view your Ad Preferences. Most of this is fairly straightforward — choices about how you’ll allow ads and how advertisers target you based on things like what pages you’ve liked. But there’s one section there that will probably surprise… Continue Reading

To Purge Some of Social Media’s Ugliness, an Unlikely Lesson From Wall St.

The New York Times Deal Book – A simple rule that bolsters the banking system – “know your customer” — could help combat fake news and hate speech online if companies like Facebook and Twitter embraced it. “…The concept is “know your customer” — or KYC, as it’s called on Wall Street — and it’s… Continue Reading

Lifting Journalism by Knowing What Readers Are Looking For

The New York Times: “Claudio E. Cabrera, who specializes in search engine optimization, describes how he keeps track of what’s hot in search and how that informs coverage — and what the limits are…How do you keep track of search trends? A lot of it really starts with taking a dive into the journalism your… Continue Reading