A Moment of Irony: Microsoft and Facebook Ads
June 30, 2020
I recall reading a story about Microsoft’s purchasing a chunk of Facebook. Recode wrote about the deal in “It’s Been 10 Years Since Microsoft Invested in Facebook. Now Facebook Is Worth Almost As Much as Microsoft.”
I thought about this investment when I read “Microsoft Has Been Pausing Spending on Facebook, Instagram.”
The way I understand this is that Microsoft owns some Facebook shares. Facebook holds meetings for those who own stock. The meetings permit submission of questions from shareholders.
Some questions:
- Has Microsoft asked questions about Facebook’s ad practices at these meetings?
- Has Microsoft contacted Facebook management about its ad-related concerns?
- Has Microsoft management determined that selling its Facebook shares is a good or bad idea?
- Is the “pausing” virtue signaling or something more significant?
Hopefully one of the “real” news outfits will provide some information to help me answer these questions. If I were not so disinterested in Facebook, I could have one of the DarkCyber team jump in. And what about Microsoft’s financial thinking? Did Enron executives actually think about “energy”?
I do like the idea of a company which owns part of another company not liking the company’s policies. The action? Pausing. Yeah, maybe just another word for virtue signaling?
Stephen E Arnold, June 30, 2020
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