Instagram co-founders latest executives to leave Facebook

I read an article a while ago that Congress were concerned that tech giants such as Facebook, Google and Amazon have become too powerful. There has been talk about them trying to introduce regulation that companies valued over $100B could no longer acquire companies: Facebook wouldn’t have been able to acquire WhatsApp etc. So companies would have to compete with the giants as opposed to being swallowed by them. I’d love to see such regulation. Cellphone companies would be forced to complete, as would ISPs, and tech companies wouldn’t swallow the world wholesale. At the very least, I think, if a company is worth $100B (and possibly less) they shouldn’t be able to acquire any company with millions of users.

Instgram and companies like them build their companies up on the backs of their users (with help from investors) and when they grow big enough they sell their users down to river to big data... Facebook in this case.

I think it’s time to start breaking up some of these giants and having in place some sensible regulation to protect the users who grow these companies and our democracy. In an ideal world where we did the right by users, we wouldn’t need such regulation, but we don’t live in that world. In big business we live largely in a world where greed trumps common sense and ethics, and we need protection from such corporate digestion.

ireland said:

I read an article a while ago that Congress were concerned that tech giants such as Facebook, Google and Amazon have become too powerful. There has been talk about them trying to introduce regulation that companies valued over $100B could no longer acquire companies: Facebook wouldn’t have been able to acquire WhatsApp etc. So companies would have to compete with the giants as opposed to being swallowed by them. I’d love to see such regulation. Cellphone companies would be forced to complete, as would ISPs, and tech companies wouldn’t swallow the world wholesale. At the very least, I think, if a company is worth $100B (and possibly less) they shouldn’t be able to acquire any company with millions of users.

Instgram and companies like them build their companies up on the backs of their users (with help from investors) and when they grow big enough they sell their users down to river to big data... Facebook in this case.

I think it’s time to start breaking up some of these giants and having in place some sensible regulation to protect the users who grow these companies and our democracy. In an ideal world where we did the right by users, we wouldn’t need such regulation, but we don’t live in that world. In big business we live largely in a world where greed trumps common sense and ethics, and we need protection from such corporate digestion.

Seems arbitrary and reactionary.  There are rules already, fairly well thought out, regarding how businesses should operate.  Let’s not place arbitrary constraints on what should remain a robust free market system.  

ireland said:

I read an article a while ago that Congress were concerned that tech giants such as Facebook, Google and Amazon have become too powerful. There has been talk about them trying to introduce regulation that companies valued over $100B could no longer acquire companies: Facebook wouldn’t have been able to acquire WhatsApp etc. So companies would have to compete with the giants as opposed to being swallowed by them. I’d love to see such regulation. Cellphone companies would be forced to complete, as would ISPs, and tech companies wouldn’t swallow the world wholesale. At the very least, I think, if a company is worth $100B (and possibly less) they shouldn’t be able to acquire any company with millions of users.

Instgram and companies like them build their companies up on the backs of their users (with help from investors) and when they grow big enough they sell their users down to river to big data... Facebook in this case.

I think it’s time to start breaking up some of these giants and having in place some sensible regulation to protect the users who grow these companies and our democracy. In an ideal world where we did the right by users, we wouldn’t need such regulation, but we don’t live in that world. In big business we live largely in a world where greed trumps common sense and ethics, and we need protection from such corporate digestion.

I’d actively work to vote out of office any politician who proposes such an anti-capitaliistic view. In a competitive environment, companies which best serve their customers will become astoundingly successful. That’s exactly the right outcome.

ireland said:

I read an article a while ago that Congress were concerned that tech giants such as Facebook, Google and Amazon have become too powerful. There has been talk about them trying to introduce regulation that companies valued over $100B could no longer acquire companies: Facebook wouldn’t have been able to acquire WhatsApp etc. So companies would have to compete with the giants as opposed to being swallowed by them. I’d love to see such regulation. Cellphone companies would be forced to complete, as would ISPs, and tech companies wouldn’t swallow the world wholesale. At the very least, I think, if a company is worth $100B (and possibly less) they shouldn’t be able to acquire any company with millions of users.

Instgram and companies like them build their companies up on the backs of their users (with help from investors) and when they grow big enough they sell their users down to river to big data... Facebook in this case.

I think it’s time to start breaking up some of these giants and having in place some sensible regulation to protect the users who grow these companies and our democracy. In an ideal world where we did the right by users, we wouldn’t need such regulation, but we don’t live in that world. In big business we live largely in a world where greed trumps common sense and ethics, and we need protection from such corporate digestion.

Absolute nonsense.  The LAST thing we need is  more government.

Did their "stay with Facebook until this date" clause from their acquisition recently expire?