Half of a billion in lobbying dollars well spent by FAANG[1] - business as usual continues for facebook despite their decreasing popularity and repeated scandal and failure, from Cambridge Analytica to Libra. Those in my immediate circle have mothballed or closed their accounts, although Instagram seems to have more holding power. 1: https://www.forbes.com/sites/ajdellinger/2019/04/30/how-the-...
> their decreasing popularity FTFY: in the US > repeated scandal and failure At this point what large company hasn't had breaches or cancelled projects? Hell, is your company doing OK in terms of security? Are they hashing passwords correctly? How large is the security team? My company doesn't even hash passwords... At some point you need to stop living in a bubble and recognize that plenty of people, businesses, com…
'Breaches' and 'cancelled projects' aren't the only scandals and failures to come out of Facebook ... just the other day on HN front page was an article (from 2018) where Facebook openly admitted that their platform enabled the Myanmar crisis.