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by tw600040 1712 days ago
One can pick and choose statements like this and put tailored spin on it and make any statement a lie. example, Apple says this is the best iPhone ever. False , I like the one with headphone jack better. Are we going to put all statements by all companies to this level of rigor?
3 comments

"Best phone" is clearly subjective.

"Doing everything we can" is at least somewhat objective. If a contractor says he's painting your house as well as he can, when he's actually on vacation in Hawaii, that statement is clearly false.

As long as facebook remains online there is a chance that someone, somewhere could post bad opinions. Doing everything they can would therefore mean shutting facebook down. The literal interpretation is ridiculous and no one could believe it. So we have no choice but to interpret it as "doing everything reasonable that they can". But what is reasonable? That is where subjectivity enters.
The statements Facebook is being judged on very well may also be too vague for anyone to find real fault - I can't tell if there's anything there to specifically prove that facebook were directly misleading investors while privately chatting about how awesome it is that radicalism drives engagement - if there's a memo to that effect they could be in real trouble.
They probably didn't put that in their 10-K though.