• AutoTL;DR@lemmings.worldB
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    9 months ago

    This is the best summary I could come up with:


    Taking a digital camera on a night out, then tagging your friends in dozens of pictures was a staple of teenage life in the late noughties.

    The most publicised case was the Cambridge Analytica scandal in 2014, which led to Facebook paying $725m to settle legal action due to a significant data breach.

    For example, in the five months leading up to the US presidential election of 2020, incumbent President Donald Trump’s team spent more than $40m on Facebook adverts, according to Statista research.

    Facebook has had a hand in changing grassroots politics too - by enabling disparate groups of users to gather, campaign and plan action on a global scale.

    With the huge success of Facebook, Mark Zuckerberg built a social network and technology empire that remains unprecedented in terms of users and its consequent power.

    In 2022, Meta was forced to sell GIF-maker Giphy at a loss after UK regulators blocked it from owning the service due to fears of over-dominance in the market.


    The original article contains 980 words, the summary contains 166 words. Saved 83%. I’m a bot and I’m open source!