Authors Jason Kint

7 days 30 days All time Recent Popular
Jason Kint
Jason Kint
@jason_kint
I could create an entire twitter feed of things Facebook has tried to cover up since 2015. Where do you want to start, Mark and Sheryl? https://t.co/1trgupQEH9


Ok, here. Just one of the 236 mentions of Facebook in the under read but incredibly important interim report from Parliament. ht @CommonsCMS https://t.co/gfhHCrOLeU


Let’s do another, this one to Senate Intel. Question: “Were you or CEO Mark Zuckerberg aware of the hiring of Joseph Chancellor?"
Answer "Facebook has over 30,000 employees. Senior management does not participate in day-today hiring decisions."


Or to @CommonsCMS: Question: "When did Mark Zuckerberg know about Cambridge Analytica?"
Answer: "He did not become aware of allegations CA may not have deleted data about FB users obtained through Dr. Kogan's app until March of 2018, when
these issues were raised in the media."


If you prefer visuals, watch this short clip after @IanCLucas rightly expresses concern about a Facebook exec failing to disclose info.
TECH
Jason Kint
Jason Kint
@jason_kint
We’ve discussed before but here is the issue in Facebook’s banning decision (whether you agree or disagree). This entire chain of execs from Bickert up to Zuckerberg report into and lobby DC interests. Same group that decided not to take action on shooting and looting post. /1


Bickert was lawyer involved in issues now central to facebook antitrust complaints. She also gave false evidence to Parliament one month before globe found out about Cambridge Analytica. And she's now giving advice on Trump account. Political winds. /2


Kaplan's role is well-documented. WSJ, NYT and Wash Post all had significant reports how he oversized influence inside of Facebook. He also played point in the 2016 post-election scrutiny of Facebook with his deep conservative ties. Political winds. /3


Clegg was hired in once the heat got too much in the UK and globally. If you speak to anyone familiar with his work as a MP, you'll entirely understand why Facebook hired him. Political winds. /4

Sandberg is a long story. But she has been intersection of everything using deny, deflect, delay tactics and her deep DC ties to avoid having to answer tough questions where FB traded toxic effects on globe to make more $ / power. Political Winds. /5
GOVERNMENT
Jason Kint
Jason Kint
@jason_kint
!!! Friday Night Surprise. Plaintiffs just filed their response to Facebook in my favorite case - what I call the mother of all lawsuits - in Delaware where it's incorporated. It's a tight but absolutely delicious 120 pages so I'll break down the allegations here for you. /1


as background, this is a massive shareholder lawsuit by pension funds including the second largest in existence. It came after funds successfully sued to see Facebook's board-level documents and messages around the $5 billion settlement after a cover-up was exposed. /2


Shareholders are able to sue by claiming a demand to the board was futile. You can be the judge of the allegations but they need to successfully argue a majority of directors received material benefit, faced liability and lacked independence from someone (Zuckerberg). /3


First, let me walk through the claims. Count one is that Zuckerberg, Sandberg and one other executive led allegedly illegal business practices breaking their fiduciary duties. More on that in a minute. /4


Count two is an allegation that the directors breached their duty of loyalty to the company by overpaying the FTC in order to shield one executive (Zuckerberg) who controls the board, company and committees. Again, more on that in a minute. /5
ALL