Friday, February 4, 2022

Big Brother/Sister is watching you and you are giving him everything he/she wants

 You might find this interesting if you believe you support "capitalism":


Time to wake up because Big Tech is running your life.

Time to become a Luddite. This tells you the problem and how to fight it.

BTW,  Facebook's owner Meta Platforms saw its stock market value slump by more than $230bn (£169bn) on Thursday, in a record daily loss for a US firm.

The company's share price slide saw chief executive Mark Zuckerberg's net worth fall by $31bn, according to the Bloomberg Billionaires Index.

The drop in Mr Zuckerberg's personal fortune was equivalent to the annual gross domestic product of Estonia.

Analysis of this from the BBC (https://www.bbc.com/news/business-60255088):

It's clear that Meta is facing a whirlwind of different problems.

Last year Apple brought in its App Tracking Transparency policy.

It lets people choose whether or not they want to be tracked around the internet by companies, like Meta, who can then sell that information to advertisers.

That is a major problem for Facebook, because finding information out about you and selling it to advertisers is exactly how it makes money.

Its quarterly results showed advertising income falling, partly for this reason.

 Get off of social media since YOU are the product. The Billionaires are getting rich off of YOUR information.

 

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