Facebook bans “Far-right extremist Louis Farrakhan"

[SlugSlinger]

Here’s some interesting stats.

2.9 billion shares outstanding
Market cap = shares outstanding x share price = $558 billion
Annual Revenue $59 billion

And a statement about the business.

 

[donner]

Facebook is owned by its shareholders and is traded on an exchange. It is a publicly traded stock and therefore not privately owned. If anyone owns an S&P index fund, you own a portion of facebook.

Privately owned companies have a different set of reporting rules than publicly traded companies.

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Lolz. Distinction without difference in this discussion. It’s not public like a library, even if it’s publicly traded (which is what my comments were directed to). And buying a share likely doesn’t get you out of the terms of service.

 

[AKguy1985]

Did anybody see the episode of Leah Remini's show where she discussed the nation of islam and scientology?

Here is an article on it: https://www.thedailybeast.com/inside-the-nation-of-islams-strange-ties-to-scientology

 

[SlugSlinger]

Lolz. Distinction without difference in this discussion. It’s not public like a library, even if it’s publicly traded (which is what my comments were directed to). And buying a share likely doesn’t get you out of the terms of service.

I thought you were getting to something like government controlled.

“State-owned enterprise” might have been a better descriptor than public. In eduction, public and private apparently means one thing, in business, it means something different.

 

[donner]

I thought you were getting to something like government controlled.

“State-owned enterprise” might have been a better descriptor than public. In eduction, public and private apparently means one thing, in business, it means something different.

mine was a quick (and crud) attempt to separate it from public vs publicly accessible with regards to comments about censorship and such. That the rules that govern how facebook operates are more consistent with them being private than them being owned by the tax payer (or, as you said, 'state-owned'). That was all.

 

[Fredkrueger100]

Did anybody see the episode of Leah Remini's show where she discussed the nation of islam and scientology?

Here is an article on it: https://www.thedailybeast.com/inside-the-nation-of-islams-strange-ties-to-scientology

I missed that one. One thing I know both the NOI and Scientology have in common and that is Satan.