Facebook has layered its executive, legal, policy and communications ranks with high-powered politicos from both parties, beefing up its firepower for future battles in Washington and beyond.
via www.nytimes.com
Like all mature businesses and industries (See oil industry, Microsoft, Big Three car makers), when you run out of ideas and the means to generate them, much less execute them, when you seek to merely defend your territory, you:
- Hire attorneys
- Hire lobbyists
- Buy back your own stock
Like Meatloaf sang, 2 out of 3 ain't bad.
What's odd, though, is Facebook's continuing to pose as an open and transparent ....whatever, business, business model, community.
There are 500 million members in this community who invest their personal lives in building the brand known as Facebook, 100 million of which would love to participate more openly in building this resource, I'm guessing.
And, yet, Facebook chose to ignore all of them, all of us.
So much for openness and transparency.
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