Unless they are manufacturing and selling a product or providing a service, most Internet entities rely solely on advertising for revenue. By having millions of users at their disposal, they can gather data, tailor advertisements based on preferences, et voila! Instant cash.
They don’t care about the user, they care about their shareholders. Welcome to capitalism.
>>They don’t care about the user, they care about their shareholders. Welcome to capitalism.<<
Is that a slam on capitalism?
Your model is WAYYYYY too simplistic.
The way a business takes care of its shareholders is to please (and not abuse) its users. Otherwise the users leave, the business fails, and the shareholders lose.
But it does seem that this is exactly what Facebook is doing, getting greedy to the point of abusing their users. I think it will cost them in the long run.