To nobody’s surprise, Mark Zuckerberg said yesterday at a press call that he’s against the idea of breaking up Facebook – claiming that it’d be harder to protect users’ privacy if the company’s broken up.
“What you call money, I pay more in taxes” – Jay-z
While trying to make his point that FB is working hard to improve security and people just should let it be, Zuck threw a sub at Twitter saying “the amount of our budget that goes toward our safety systems I believe is greater than Twitter’s revenue for this whole year”. Uncalled for.
FB and Twitter’s little beef aside, Zuckerberg actually highlighted how unsustainably big FB has become – and precisely why it should be broken up.
Earlier this month, Facebook co-founder and Zuckerberg’s former roommate Chris Hughes submitted a lengthy op-ed to NYTimes calling for the break up of the company. Despite overwhelming scientific evidence, Hughes claimed that Zuckerberg is actually a human being, a decent one at that.
However, he argued that Facebook’s grip on social media market is so powerful (FB grabs more than 80% of all social media ad revenue) and its reach and influence too large that no one person can possibly control it responsibly. Hughes believes the only way to address this issue is to break up FB into 3 companies – Facebook, Instagram, and Whatsapp.
Fake accounts on FB doubled this year
Meanwhile, the company disclosed that they took down 2.2 billion(!) fake accounts in the Q1 of 2019 – almost double the # of fake accounts compared to 2018 Q4. Facebook’s ‘real’ active user # is at 2.38 billion so there are almost as many as fake accounts popping up on FB as real people. Zuckerberg still wants us to trust him to do right by us, tho.