400 Million Users and One Scull in the Closet
May 21, 2010
I seem to be reading a lot about legal eagles and their “matters”. Microsoft tackles Salesforce. Google is struggling with Viacom and who knows who else? Now Facebook’s founder is shadowed by circling birds of prey. Navigate to “Facebook CEO’s Latest Woe: Accusations of Securities Fraud.” Here is the passage I found interesting:
The real question here is why Facebook’s lawyers haven’t succeeded in making this lawsuit go away. Before, ConnectU’s founders were just after a piece of the Facebook pie. Now, the stakes keep getting higher as the case drags on. An actual finding of securities fraud would make it difficult for Zuckerberg to remain Facebook’s CEO if it were to go public. However unlikely that is, why take the risk?
With Facebook maybe pointing the way to a different approach to search and retrieval, a boat anchor has been hooked to the Facebook scull.
Stephen E Arnold, May 22, 2010
Freebie.
Comments
-
- Subscribe to Beyond Search
Feature archive
News archive
-
