Just how much was @Facebook lying? https://t.co/KYYUUKG8Hi
— Sunil Jain (@thesuniljain) February 18, 2021
Here is the full report in Financial Times for anyone who enters the thread and misses it. It's the key thing to read here. https://t.co/t0A5ApM1uC
— Jason Kint (@jason_kint) February 18, 2021
There is so much we do not understand about how Facebook makes its money.
— DR. SIVA VAIDHYANATHAN??? (@sivavaid) February 18, 2021
A lot of it is suspicious. https://t.co/CKlSaAE7Aw
This is fraud. Full on fraud.
— Joseph Flores, Ph.D. (@jsphflrs) February 18, 2021
@Facebook is committing fraud.
Handcuffs worthy fraud. https://t.co/neKIdIO8Ju
If you've ever spent $$ advertising on Facebook, I forgive you for getting a little angry after you read this. https://t.co/7Op8SiuteZ
— Jeremy Goldman (@jeremarketer) February 18, 2021
This is just fraud. Fraud. Handcuffs. https://t.co/9qVIJGPzDq
— Matt Stoller (@matthewstoller) February 18, 2021
This has always been the case, and the current beloved darling TikTok is far worse... our jobs are not to fall in love with tools, but to understand, scrutinise and use them to our benefit. Believe nothing, probe everything. https://t.co/5cqiHeVTF2
— Samuel Brealey (@SamuelBrealey) February 18, 2021
"...The [court] filing also reveals that a Facebook product manager for the ‘potential reach’ tool warned the company was making revenue it “should never have” off of “wrong data” https://t.co/z8DTlm7uE9
— Matt Navarra (@MattNavarra) February 18, 2021
Sheryl Sandberg knew Facebook was defrauding advertisers *FOR YEARS.* https://t.co/qoEWDALyj5
— Matt Stoller (@matthewstoller) February 18, 2021
woah, I have the unsealed docs here. this is the Facebook census / fake accounts case DCN filed to get unsealed for public interest. Judge recently ruled in our favor. So I guess here come the docs. And the apparent cover-up was once again worse than imagined. Sandberg. https://t.co/q4OT5Wl4D4 pic.twitter.com/DPEPa0YwYq
— Jason Kint (@jason_kint) February 18, 2021
NEW: A Facebook manager warned internally that the company made revenues it “should have never made” by overstating how many users advertisers could reach, according to class action lawsuit
— Hannah Murphy (@MsHannahMurphy) February 18, 2021
Execs refused to fix the issue "to preserve FB's own bottom line"https://t.co/7WGk3He8ue
Internal emails show more evidence of ad fraud at Facebook.
— Tech Won't Save Us podcast (@techwontsaveus) February 18, 2021
“A Facebook employee warned that the company reported revenues it ‘should have never made’ by overstating how many users advertisers could reach.” https://t.co/81IZaDk2HM
I'm deeply skeptical of the case for subjecting FB to fees or taxes to subsidize incumbent media outlets; I'm VERY interested in subjecting FB to punitive measures for a decade of destructive and harmful fraud. https://t.co/UzSzhqmqyq
— John Michael McGrath (@jm_mcgrath) February 18, 2021
Still grateful we had opportunity in 2019 to warn Parliaments around the world at International Grand Committee. These 100 seconds are every bit as true today as they were then. And the thread below is just another example. Still haven’t gotten that audit but we know the answer. https://t.co/DSA98XqZ57 pic.twitter.com/AEbAwfXfis
— Jason Kint (@jason_kint) February 18, 2021
Wow| “Facebook knew for years its potential reach was misleading, and concealed that fact to preserve its own bottom line,” https://t.co/4anWELIDCL
— Daniel Grey (@curiousgrey8801) February 18, 2021
Facebook knew for years ad reach estimates were based on 'wrong data' but blocked fixes over revenue impact, per court filing https://t.co/sND7FGqmD1 via @techcrunch
— Moshe Vardi (@vardi) February 18, 2021
NEW: A Facebook manager warned internally that the company made revenues it “should have never made” by overstating how many users advertisers could reach, according to class action lawsuit
— Hannah Murphy (@MsHannahMurphy) February 18, 2021
Execs refused to fix the issue "to preserve FB's own bottom line"https://t.co/7WGk3He8ue
.@Facebook execs, including Sheryl Sandberg, knowingly falsified advertising-reach statistics to make $$ by defrauding ad customers.
— American Economic Liberties Project (@econliberties) February 18, 2021
Now, we're calling on @TheJusticeDept, @FTC & Congress to investigate their criminal activity — including potential fraud.https://t.co/7RgPWeWimZ
A Facebook employee warned that the company reported revenues it “should have never made” by overstating how many users advertisers could reach, according to internal emails revealed in a newly unsealed court filing
— Mathew Ingram (@mathewi) February 18, 2021
https://t.co/a5AFqQzcZp
Here's the latest scandal: since 2018, FB's been defending a class-action suit brought by its customers who claim that FB lied about "potential reach" - that is, how many users would see their ads. https://t.co/alNpNJ8PZw
— Cory Doctorow #BLM (@doctorow) February 18, 2021
29/
pretty clear Facebook cheats advertisers https://t.co/SF6h6HdcKd
— ryan cooper (@ryanlcooper) February 18, 2021
people in charge of media companies have obviously fucked up in a million different ways but upending their business models for fake Facebook stats is gonna go down as a real doozie https://t.co/QPlcrKsqVX
— ishmael (@iD4RO) February 18, 2021
Facebook knew ad metrics were inflated, but ignored the problem to make more money, lawsuit claims https://t.co/fpa0usnLgu
— CNBC (@CNBC) February 18, 2021
facebook generating revenue based off fake metrics it allegedly knew were fake https://t.co/CyZLsk2nrK
— Josh Sternberg (@joshsternberg) February 18, 2021
Previously sealed documents made public in court Wednesday allege that Facebook executives brushed off an employee who proposed changing its "potential reach" metric to make it more accurate, because they thought the change would impact revenue. https://t.co/uphsfdVhYJ
— Meg Graham (@megancgraham) February 18, 2021
This looks a LOT like fraud by Facebook.
— NickStevens Graphics (@Nick_Stevens_Gr) February 19, 2021
Knowingly presenting false information to customers for years. https://t.co/wt7huPTwra
A Techcrunch report which went into a bit more detail. Not sure if anyone else picked it up. https://t.co/Y9cXGI2zej
— Jason Kint (@jason_kint) February 19, 2021
Trying to explain inconsistent results to colleagues and clients because of things it turns out Facebook knew were wrong was a really fun way to spend a chunk of the 2010s https://t.co/QnSiMhvNpZ
— Rob Engelsman (@RCEngelsman) February 18, 2021
And Financial Times report on the matter followed by... https://t.co/t0A5ApM1uC
— Jason Kint (@jason_kint) February 19, 2021
Facebook wildly overstated potential audience size to advertisers: they removed a staggering 1.3 billion fake accounts in the last quarter of 2020 https://t.co/sT7zWoHKO5
— Waxy.org (@waxy) February 19, 2021
Facebook reported revenue it ‘should have never made’, manager claimed
— Ophir Gottlieb (@OphirGottlieb) February 19, 2021
Lawsuit cites product executive’s qualms over figures provided to advertisershttps://t.co/OxBsPl09EQ
A Facebook employee warned that the company reported revenues it 'should have never made' by overstating how many users advertisers could reach, according to internal emails revealed in a newly unsealed court filing https://t.co/TEJJn7YmJb
— Financial Times (@FinancialTimes) February 18, 2021
“Facebook knew for years its potential reach was misleading, and concealed that fact to preserve its own bottom line”https://t.co/FXGuNSSInY
— Ailo (@airavn) February 18, 2021
A Facebook manager warned internally that the company made revenues it “should have never made” by overstating how many users advertisers could reach, according to class action lawsuit
— Karol Cummins (@karolcummins) February 18, 2021
Execs refused to fix the issue "to preserve FB's own bottom line" https://t.co/MW7KltsYpF
Oh and I missed this @CNBC report from @megancgraham - always on the Facebook news. This was in addition to @MsHannahMurphy @riptari reports above. Noticing now Facebook updated their statement once they circled their wagons. Long day yesterday ??♀️ https://t.co/Tj8f9Bme00
— Jason Kint (@jason_kint) February 19, 2021