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QOTD: The Facebook Facial

September 5, 2018 12:38 PM

Facebook (Sheryl Sandberg) and Twitter (Jack Dorsey) on Capitol Hill today taking pipe from the pols.   Large cap tech getting spanked with both stocks down meaningful.

I am all in for either they [Facebook] step up and take responsibility for what they have built, or they are the new Philip Morris.  It’s an appropriate product for adults, but they have no business selling to children.  – Raj Goel,  CNBC September 5th

Yes,  as we have said in the past,

Dopamine is the new nicotine, folks. – GMM, July 25th

The social media giants need to get serious and aggressively address the issues at hand, such as tech addiction (even Apple here) and dealing with the nefarious mind benders and influencers,  or the government is going to drop the hammer and sickle.   Regulation is coming, folks.

Posted by macromon

Categories: Equities, Social Media, Uncategorized

Tags: , , ,

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