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Facebook Stock, Dow Index, down today on news of Cambridge Analytica transfer of Facebook User Data

<alt>doxygen said:
There's nothing illegal about any of it. At least not what's been uncovered to date. That Obama's campaign was using analytics was known during those campaigns.

The only thing I can see that could possibly be different here, is 1) if an adversarial foreign power was involved, and 2) if FB allowed the data miners to leapfrog from one user to others outside of the bounds of the agreements users sign.

Note that I quit FB after 2 weeks. When GWB was president. It was obvious they were harvesting personal info for profit, and it was a stupid time-suck anyway. Made sure FB didn't have a working phone, email or physical address for me. I can't get my wife of it, however, although I did get her to cull most of her connections.

Does "farmville" still exist? What a waste...
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I haven't seen anything that is illegal either. I have a facebook account but rarely go on it. I just use it to keep track of old colleagues and friends. I have had friends that post pictures all of their expensive toys on facebook and then post when they are going out of town. I could never figure that one out.
 
NonoBadDog said:
I haven't seen anything that is illegal either. I have a facebook account but rarely go on it. I just use it to keep track of old colleagues and friends. I have had friends that post pictures all of their expensive toys on facebook and then post when they are going out of town. I could never figure that one out.
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Darwin says one of them will be losing some nice toys someday. That's beyond dumb. My wife is smart enough to not even post pics/info of us out for a few hours until well after the fact. I don't like to be mentioned at all, but it still happens from time to time. And we hardly live in a crime prone area.

I've been through a security clearance process a few times, and I know they mine everything you do on social media. I wouldn't be surprised if they combed through my postings here if I went through that again. The algorithm the Cambridge people used apparently could profile you based on access to a friends account, using nothing but your "likes". I'd love to learn more about how that worked.
 
post said:
I see this reaction as anecdotal explanation for why "right think" seems so foreign when compared to my reaction to and analysis of events.
I was influenced by the CNBC article title in the process of wording the title of this thread.

I was aware Facebook was not one of 30 Dow index stocks (in my first reply I included a yahoo finance link to a list of the 30 Dow Index components) and indeed, CNBC set it apart from the Dow more clearly than I did, in my haste. I inadervertently provided an opportunity for the,

My influence to present the article was the Cambridge Analytica details and connections. A poster has even reacted with an, "but Obama,".... post.
It is obvious to me, but I guess not to some others, that today's stock price movements and Obama 2012 campaign data mining are not the issues
that make this thread informative and interesting, but some posters are not even curious why Russians have reportedly received politically valuable
data of 50 million Facebook members via Mercer connected Cambridge Analytica....





But, Obama..... but, Obama.....
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Sorry I missed the key point that Russians got hold of facebook data.
 
NeverTrumpGOP said:
FB is worth around $500 B and is one of the largest companies in the world. These are not the days of GE, Exxon, or GM anymore.
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I'm not drawing a clear connection here. Since Facebook isn't one of the 30 companies tracked by Dow, then why did the Dow drop?
 
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