[save_ferris]

Why isn't the market holding Facebook accountable for the numerous transgressions we've seen coming out of that company over the last several years? Because people don't understand or care how the money is made, which fundamentally undermines the argument that the market is always right.

From broad, repeated invasions of online privacy to numerous scandals involving state-sponsored disinformation campaigns, Facebook shows time and again that they are not responsible corporate stewards of the internet.

Zuckerberg has got to be one of the least popular Fortune 500 CEOs and yet he's completely invincible, investors don't want to touch him.

So how do you propose to hold such a company accountable if not through regulation and oversight?

[philistine]

Investors don’t want to touch Zuckerberg because they simply cannot. He has enough shares to be unremovable.

[save_ferris]

I don’t believe this is true. If an Icahn-like activist investor shorted FB and successfully triggered a mass sell off tanking FB stock, it would be really hard for Zuckerberg to survive that pressure, and he’d be financially incentivized not to. You’re right in that the board doesn’t have the power to oust him, but collective investor action could. It’s hard to find people who want to rattle one of the most consistently performing tech stocks, though. Unfortunately, I think the chance of something like this happening is nil.

[throwaway98797]

Do you think zuck cares if he’s worth 100b vs 20b?

[nothisisamerica]

Facebook was fined $5,000,000,000 by the FTC for what the president's chief executive of campaign's company (Cambridge Analytics) did: they used military info ops on American people in an election.

And now they want editorial control over publicly owned information services?

Why don't they (the installed alt-right) go claim that the government deserves editorial control of the papers as well?

Clearly that's the issue needing attention here; not obstructing an obstruction investigation.

https://en.wikipedia.org/wiki/Facebook–Cambridge_Analytica_d... and up a bit further: https://en.wikipedia.org/wiki/SCL_Group

The current administration just gave away $500,000,000,000 of taxpayers' money and now won't even release the list of who took the money?

And you think that the problem is Facebook's editorial transparency and lack of accountability?

Kindly review https://usaspending.gov and tell me where our money is going

[Nasrudith]

You assume that they have the same values and definitions of transgressions. That just plain isn't true no matter how "obvious" it is that something is or isn't one.

Besides blaming them for being unable to stop state actors is a bizzare form of victim blaming - complicity would make sense sure but not inability to stop it. Asking to be both stronger than and weaker than states at the same time is an unusual demand.

[scarface74]

The market had spoken. They don’t care.

[tathougies]

My friend... Tucker Carlson was the most watched news anchor in all of America last week. It is apparent that a good portion of the population doesn't find Facebook's decision to allow free speech at all objectionable.

Have you considered that the reason why most people are okay with Facebook not punishing president Trump is because many people agree with him? Have you considered that -- facebook having more active users than twitter -- that facebook is more representative of the United states than your feelings?

Twitter is known to be mainly popular among the media, who -- shock and surprise -- don't like trump and lean liberal. Facebook is popular amongst the rest of us. Is it possible in your worldview that other people may not think like you?

[g-b-r]

omg... right-wing developers are a thing =:o