How Facebook became trapped in its own bubble

Scandals have badly damaged the company's reputation, and neither politicians nor investors seem ready to forgive

Mark Zuckerberg.
(Image credit: JOSH EDELSON/AFP/Getty Images)

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Bent on rapid growth, Facebook ignored and later hid evidence that it was being used to spread misinformation, said Sheera Frenkel at The New York Times. The company has been on the defensive for two years over revelations of massive data theft and its key role in Russia's interference in the 2016 elections. Last week, a Times investigation found that through all Facebook's crises, executives concealed their missteps and fought dirty to deflect attention from their myriad problems. CEO Mark Zuckerberg and chief operating officer Sheryl Sandberg downplayed the embarrassing revelations, even "as evidence accumulated that Facebook's power could be exploited to disrupt elections, broadcast viral propaganda, and inspire deadly campaigns of hate around the globe." When Sandberg learned that her security chief had told the board that Facebook had been unable to stop a flood of Kremlin-linked accounts, she seethed that he'd opened the company up to greater scrutiny. The company also hired an opposition-research firm to discredit activist protesters. Facebook's approach has always been "to ask for forgiveness rather than permission," said Emily Stewart at Vox. Now the scandals have badly damaged the company's reputation, and neither politicians nor investors seem ready to forgive.

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