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| The Facebook Problem Defies Antitrust, But It Is Ripe For Other Types of Regulation Facebook undoubtedly has too much power. But can any of the unseemly conduct uncovered by the latest Facebook scandal be fixed with the hammer of antitrust? Is the problem truly Facebook-specific? And if not antitrust, then what other form of regulation would do the trick? The short answers are no, ...
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| Mark Zuckerberg on Tim Cook's criticism of Facebook: It's "extremely glib and not aligned with the ... Facebook CEO Mark Zuckerberg rejected Apple CEO Tim Cook's critique of his company's business model, which Cook characterized as a scheme to monetize customers, calling it "glib" and "not aligned with the truth." "I think it's important that we don't all get Stockholm Syndrome and let the companies ...
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| Facebook loses over $36 billion in market value Facebook stock fell 6.77% on Monday, following weekend revelations that 50 million users had their data improperly accessed by a Trump-linked analytics firm. For a brief period around noon, the loss had exceeded 8%. Bottom line: The loss cut into Facebook's market cap by more than $36 billion.
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