Opinion

Facebook's techno-capitalism will also destroy it

Peter Griffin
Thu, 28 Oct 2021

Facebook's techno-capitalism will also destroy it
Peter Thiel, the billionaire co-founder of PayPal and New Zealand citizen. (Image: Getty)
Peter Griffin
Thu, 28 Oct 2021
Facebook is weathering its worst crisis since the Cambridge Analytica scandal as whistleblower Frances Haugen continues to detail how the social media giant repeatedly put profit before the wellbeing of its users.The revelations from thousands of leaked company documents included in the Facebook Papers only bolster the case that the Federal Trade Commission (FTC) mounted against Facebook last year and seeks to reduce its monopoly power by carving off Instagram and WhatsApp.So, at this late stage, are we finally starting to hear conciliatory ton...

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