Why the writing is on the wall for Facebook | Arwa Mahdawi
Profits are strong, shares are up and its users are increasing. But the social media company is still in big trouble
Uh-oh, it looks as if Mark Zuckerberg has caught on to the media's dastardly plot to destroy Facebook! As you have probably noticed, the technology behemoth has been in the news nonstop recently, as media outlets plough through thousands of pages of internal documents leaked by the Facebook whistleblower Frances Haugen. Most people might think journalists reporting revelations about one of the world's most powerful companies was par for the course. Zuckerberg, however, seems to think it's some sort of vast conspiracy.
My view is that what we're seeing is a coordinated effort to selectively use leaked documents to paint a false picture of our company," Zuckerberg said during an earnings call on Monday. Sounds a little Trumpy, doesn't it? Admit no wrong; instead, cast yourself as the victim of the malicious mainstream media.
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