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I think MySpace is doomed, I give them about two more years. [...] I t — Facebook

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"I think MySpace is doomed, I give them about two more years. [...] I think Facebook is the next Microsoft in both the bad and the good senses. Thats an amazing company that is going to do a lot of good and bad things."
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Facebook is an American social networking service owned by the American technology conglomerate Meta Platforms. It was founded in 2004 by Mark Zuckerberg, along with his Harvard College roommates and fellow students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. The name Facebook derives from the face book directories often given to American university students.

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"Now let me pull out so we’re clear about the problem we all face and how we got here. The attacks against us in Rappler began 5 years ago when we demanded an end to impunity on two fronts: Duterte’s drug war and Mark Zuckerberg’s Facebook. Today, it has only gotten worse – and Silicon Valley’s sins came home to roost in the United States on January 6 with mob violence on Capitol Hill. What happens on social media doesn’t stay on social media. Online violence is real world violence. Social media is a deadly game for power and money, what Shoshana Zuboff calls surveillance capitalism, extracting our private lives for outsized corporate gain. Our personal experiences are sucked into a database, organized by AI, then sold to the highest bidder. Highly profitable micro-targeting operations are engineered to structurally undermine human will – a behavior modification system in which we are Pavlov’s dogs, experimented on in real time with disastrous consequences in countries like mine, Myanmar, India, Sri Lanka and so many more. These destructive corporations have siphoned money away from news groups and now pose a foundational threat to markets and elections. Facebook is the world’s largest distributor of news, and yet studies have shown that lies laced with anger and hate spread faster and further than facts on social media. These American companies controlling our global information ecosystem are biased against facts, biased against journalists. They are – by design – dividing us and radicalizing us. Without facts, you can’t have truth. Without truth, you can’t have trust. Without trust, we have no shared reality, no democracy, and it becomes impossible to deal with our world’s existential problems: climate, coronavirus, the battle for truth."
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