Anyone who thought Fb merely “woke up like this” need solely be taught The Wall Highway Journal’s Facebook Files series this week to know that points aren’t so flattering correct now beneath the ground. Nevertheless even the powerful gentle of essential media tales hasn’t been enough to scare away patrons.
The Journal’s investigation found that the social-media massive is conscious of its platforms—which for the time being are utilized by virtually half the world’s inhabitants—set off prospects harm, normally in strategies solely the company completely understands. Quite a few the proof was notably troubling: Fb’s interior evaluation confirmed that, amongst youngsters who reported suicidal concepts, 13% of British prospects and 6% of American prospects traced the necessity to kill themselves to Instagram, according to the Journal’s report. However patrons appeared to largely gloss over the disturbing revelations: As of Thursday’s market shut, Fb’s stock had misplaced decrease than 1.5% of its price this week.
https://www.wsj.com/articles/facebooks-investors-are-the-biggest-addicts-11631880000?mod=rss_markets_main | Fb’s Patrons Are the Biggest Addicts