Thread: Facebook IPO
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Old 05.23.2012, 03:57 PM   #29
tesla69
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Join Date: Oct 2006
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Quote:
Originally Posted by Glice
Of course, the big danger with that stock is whether it does a myspace.

or a friendster or a napster or a tapetrader.com...

Don't forget, by US law a publicly traded company must maximize profits for its shareholders, not its users. So facebook may end up not having any legal choice but to harvest user data and continue to provide a platform for the intelligence agencies to continue to map out private social interactions, so 20 years down the line when freedomlover x is an underground terrorist, they can look back at who he talked to in high school and harass his them as if they have any idea where freedomlover x might be. I've never heard the Tea Partiers protest this intrusiveness by the Government in business. On the other hand, I've also never heard the Occupy people call to stop using these sources of data for the intelligence agencies, cell phones, internet, etc...or demand real encryption be available, not the crackable shit the NSA provides.
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