here. As Stephen Green wrote separately this morning:
“They will advocate some institutionalized changes in the way social media should work. Every change will involve compliance costs. Facebook will make sure that it can comply…and that its competitors cannot without great expense. That will give them a distinct advantage in the marketplace, make it more difficult for startups to compete, and guarantee this platform a leading place by law. This is why Mark readily agreed to be regulated. Regulations always work to the advantage of the largest market players.”
I dropped Facebook more than a year ago and haven't missed them.
Even worse, if that's possible, is Google. Any company that adopts a motto of "Don't Be Evil" is one that should be closely watched.
And, it isn't just Google's extreme liberal politics.