And the Winner for Worst Company of 2021 Is…

And the Winner for Worst Company of 2021 Is…

According to an audience survey conducted by Yahoo Finance, Facebook/Meta takes the prize, hands down, with 50% more votes than its competitor, Alibaba. According to the article, “its stock price is up 22% year-to-date — strong, but lagging the S&P 500— but down around 13% from its September high.”

So how does one achieve such a dubious honor? Well, there’s CEO and founder Mark Zuckerberg himself, whose list of missteps are just too long to enumerate, considering that many of you no doubt still have holiday shopping to get done and this wouldn’t necessarily be the holiday list worth getting into – again – despite the fact that it is that time of the year.

Then there were “The Facebook Files, a series of investigative reports published by the Wall Street Journal and based on leaks provided by whistleblower Frances Haugen. Much of the publicity around the leaks focused on the impact of Instagram (a subsidiary of Meta Platforms) on teenage girls, and the company’s alleged indifference… Haugen also alleged that Facebook’s potential for radicalization has contributed to genocides in Myanmar and Ethiopia, among a myriad of other concerns expressed in the reports,” as ZeroHedge reminded us.

And most lately, a Facebook court filing admits ‘fact checks’ are just a matter of opinion.

Where Does Facebook Go From Here?

So the company that doesn’t seem to be able to distinguish fact from opinion now wants you to step into its version of the metaverse, a completely immersive world that, as AwakenWithJP says, is designed to completely take over your mind and life, and just the next step forward for  Facebook, all things considered. JP’s videos are always enjoyable.

Interestingly enough, people on opposite sides of the political/social spectrum were in agreement that Facebook deserves the Yahoo Finance distinction and isn’t it wonderful, especially at this time of the year, that Facebook has at long last succeeded in its purported mission:

It has managed to bring people with even the most disparate of opinions closer together.

Happy holidays and wishing you all the best as we go onward and forward.

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