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The co-founder of WhatsApp is the latest to join the #deletefacebook movement. This comes as the latest in the Cambridge Analytica datamining scandal has broken with the lead executive being suspended for "possible misuse of data." As it turns out Cambridge Analytica is not only affiliated to President Trump but has links to a Chinese security and logistics firm run by Erik Prince the former mercenary who founded the private military company Blackwater. Blackwater's controversial role in the Iraq war and questionable connection to former Vice President Dick Cheney are the tip of the iceberg for the firm, now known as Academi.
The web of connections between Cambridge heads leads to Emerdata and Frontier Services Group. FSG is chaired by Erik Prince. There are concerns related to Prince's potential plans to enlist special forces veterans to work with Chinese companies investing in dangerous locations overseas. Then there's the fact that China's largest state-owned company, Citic, is a major FSG shareholder.
https://www.thegoldwater.com/news/21021-Twitter-Stocks-Plummet-Amidst-Social-Media-Sphere-Implosion
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">It is time. <a href="https://twitter.com/hashtag/deletefacebook?src=hash&ref_src=twsrc%5Etfw">#deletefacebook</a></p>— Brian Acton (@brianacton) <a href="https://twitter.com/brianacton/status/976231995846963201?ref_src=twsrc%5Etfw">March 20, 2018</a></blockquote>
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Amidst all of this, a major sell-off in Facebook shares is now in its third days with nearly $50 billion in losses this week alone. Meanwhile, government officials in the UK, EU and US are all asking Facebook CEO Mark Zuckerberg to testify but there has been absolute radio silence from Mark since the story broke Friday. WhatsApp's Brian Acton has tweeted "It's time. #deletefacebook."
Acton's daring use of the #deletefacebook hashtag is especially relevant considering Facebook acquired Whatsapp in 2014 for $22 billion. At the moment, Acton is more focused on data protection and privacy technologies such as the encrypted messenger service Signal to which he donated $50 million last month. In no uncertain terms Acton advocates for privacy and decentralization in one fell swoop:
<quote>Delete. Forget it. Now's the time to care about privacy. Here, at Signal, we're holding an Awareness-rising event. Ethereum is promoted as a currency of choice.</quote>
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Delete. Forget it. Now's the time to care about privacy.<br><br>Here, at Signal, we're holding an Awareness-rising event. Ethereum is promoted as a currency of choice.<br><br>Visit for details:<a href="https://t.co/eHnYvXEQOa">https://t.co/eHnYvXEQOa</a></p>— Brian Acton (@brianiacton) <a href="https://twitter.com/brianiacton/status/976465936264957952?ref_src=twsrc%5Etfw">March 21, 2018</a></blockquote>
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The #deletefacebook hashtag has been trending for days now. Consumer revolt may be the least of the worries facing Zuckerberg and his peers in the social media and big tech circles. In addition to Congress, the Federal Election Commission would like Mark Zuckerberg, Larry Page (CEO of Alphabet, Google's parent company) and Twitter CEO Jack Dorsey to testify. All in all, it's been a very rough week for big tech's big brother firms.
Related coverage: https://thegoldwater.com/news/21091-Facebook-Falls-Further-As-FTC-Declares-Fines-Of-40k-Per-Affected-User-Possible
Source:
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12017525
Twitter: #deletefacebook #facebook #socialmedia
About time fakebook gets hammered and hopefully goes the way of myspace. Twatter next?? We can only hope. We need a free speech platform that does not restrict nor track and sell data.
so long social media…