OPINION
Proof that Facebook is going down — despite its big earnings
By Matthew Hennessey
February 2, 2019 | 12:14pm | Updated
Mark Zuckerberg
Getty Images
Facebook had a weird week.
The social-media behemoth you love to hate posted some gaudy fourth-quarter earnings numbers on Wednesday. The report got a lot of likes on Wall Street. Some said it meant founder and CEO Mark Zuckerberg had finally turned the page on an otherwise terrible year.
Not so fast. Something else happened to Facebook last week that may say more about the company’s long-term health than any happy-dappy earnings statement.
The website TechCruch reported on Tuesday that Facebook has been paying users between the ages of 13 and 35 to install a VPN, or virtual private network, on their phones. The users get $20 a month; Facebook gets access to … well, everything.
The Facebook Research VPN app hoovered up all incoming and outgoing data. Not just Facebook data — all data, from web browsing to texting to activity on other apps. According to TechCruch, “Facebook went so far as to ask users to screenshot and submit their Amazon order history.”
So who has a problem with Facebook paying people to harvest their data?
Apple, that’s who.
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READ MORE: https://nypost.com/2019/02/02/proof-that-facebook-is-going-down-despite-its-big-earnings/
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