Forum The Longship OT: The Facebook Papers

OT: The Facebook Papers

StickierBuns
Joined May 2013
8,232 posts
Rep: 92

https://www.cnn.com/2021/10/25/tech/facebook-papers/index.html

https://www.cnn.com/2021/10/25/tech/facebook-instagram-app-store-ban-human-trafficking/index.html

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#1 · Oct 25, 11:03 AM
DE
Joined Apr 2026
206,512 posts
Rep: 0

Here is what really matters...

Trading at over $326 a share as of now

https://finance.yahoo.com/quote/FB?.tsrc=applewf

In a broader view, many 401k's are pretty happy today, especially with a little Tesla sprinkled in:
Wall Street is brushing off concerns about Facebook. The Dow and S&P 500 both hit record highs Monday — while Tesla shares soared to a new all-time peakabove $1,000 and sending the company's market share past the $1 trillion level.
The Dow was up more than 75 points, or 0.2%, Monday afternoon and is now within striking distance of topping the 36,000 level for the first time. The S&P 500 rose 0.5% and the Nasdaqgained 0.9%.

Tesla (TSLA) shares surged following the news of a deal to sell 100,000 electric vehicles to rental car company Hertz. An upgraded price target for Tesla stock from influential Wall Street auto analyst Adam Jonas of Morgan Stanley helped boost Tesla too.

    Tesla leapfrogged Facebook in the process to become the fifth most valuable company in the S&P 500. Only Apple (AAPL), Microsoft (MSFT), Google owner Alphabet (GOOGL) and Amazon(AMZN) are worth more than Tesla.

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      #2 · Oct 25, 1:08 PM
      DE
      Joined Apr 2026
      206,512 posts
      Rep: 0
      @"purplefaithful" said: Here is what really matters...

      Trading at over $326 a share as of now

      https://finance.yahoo.com/quote/FB?.tsrc=applewf


      It was $245 in January. Its a tough stock to keep down. 

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      #3 · Oct 25, 1:12 PM
      DE
      Joined Apr 2026
      206,512 posts
      Rep: 0

      They just want to be able to introduce new regulations to
      encourage more censorship and spying on users and to prevent startups from
      being able to compete in the market.  It’s
      not too hard to make alternative social media platforms where you can post
      whatever you want.  It is hard to make
      social media platforms that enforce strict rules on what can and cannot be
      posted.

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      #4 · Oct 25, 2:45 PM
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