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Facebook CEO Accused of Securities Fraud

Precision noted that Facebook CEO Mark Zuckerberg turned 26 last week, and gets to celebrate by being accused of securities fraud. This goes back to the old Facebook legend that Zuckerberg stole code from other Harvard students.

7 of 247 comments (clear)

  1. Re:Hating facebook by TerranFury · · Score: 4, Interesting

    born with an innate sense of fairness.

    More on this: The Moral Life of Babies.

  2. Re:Remember, folks by Lumpy · · Score: 3, Interesting

    no. 26yr old = not enough experience in the world.

    It's why he's know as a raging ass to many that deal with him. he's outright cocky and it will bite him in the butt.

    Honestly, after reading the accidental billionaires book http://www.nytimes.com/2009/07/20/books/20maslin.html
      I am certain that I would not want to have ever had to deal with the man. Every account of him makes him feel "slimey" and sets off all my red flags.

    --
    Do not look at laser with remaining good eye.
  3. Re:Hating facebook by jeffmeden · · Score: 3, Interesting

    Except they quickly beat out Myspace and Friendster; two services that were also free, somewhat popular and relatively equal in basic features. Facebook had an angle (college kids) and they exploited that extremely well, and followed it up by tacking on more mass market features (open apps that led to mafia wars and all the rest).

    Lucky? Yes, but then do you think Henry Ford got along on his luck alone?

  4. Re:Hating facebook by dkleinsc · · Score: 4, Interesting

    Speaking from experience working with kids, while I'm not entirely sure about babies, you can be darn sure that 10-year-old kids will call you out if they think you're playing favorites. If you set a rule, it had better be the same rule for everybody, or they will walk all over you trying to get special treatment. The good news is that if you are playing fairly by everybody, these same kids will actually hold each other to the same rules. And that basic sense doesn't go away in adolescence - I've watched 15-year-old boys enforce my rules for me because they were convinced that the rules were reasonable and fair.

    So whether it's innate, or learned at a very young age, both parent and GP are right on the money.

    --
    I am officially gone from /. Long live http://www.soylentnews.com/
  5. there once was a time by circletimessquare · · Score: 3, Interesting

    when friendster looked like it was going to take over the internet

    there once was a time when myspace looked larger than google

    and, in a few short years, someone will say something about facebook, probably as a joke, and someone else will say "facebook? what's that?"

    the realm of social networking is true to what it is: an endless party, hosted by one rich kid whose parents are on vacation after another, no one claiming the right to say they are truly in control for very long, forever

    what i envision is a permanent progression, every 5-10 years, a new friendster/myspace/facebook taking over the mantle of darling of the ball, and then rudely discarded and abandoned, in endless succession, forever

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
  6. Re:Hating facebook by AltairDusk · · Score: 3, Interesting

    I actually didn't mind sharing some things as much when it was only for college students. Then they opened up the floodgates and in my opinion it's been going downhill ever since. Not to mention the contents of your Facebook profile could prevent you from being hired for a job.

    What business a company has prying into your personal life when deciding whether to hire you I don't know but Facebook did nothing to stop it.

  7. Re:oh, so avant garde by spun · · Score: 4, Interesting

    We are not a predatorial, combative species. We're more like the Bonobos (pygmy chimps) than chimps. They screw each other silly at the drop of a hat to smooth over social tensions. The traits you describe are a consequence of developing agriculture and a surplus, and then experiencing famine. Instead of moving on to more fertile grounds, we stayed until the surplus was exhausted, then used our newly developed societal organization to wage war on our neighbors. This resulted in a whole generation of brain damaged children (starvation does that) being raised by a whole generation of PTSD damaged (war does that) adults. Our selfish side was locked in culturally.

    This is why you don't see walled cities before a certain point in history. No weapons exclusive to killing other humans as opposed to hunting, either. No mass graves, not until the time period when the Sahara dried up.

    Science has shown that your view of human nature is fundamentally incorrect. Please see my post above yours for citations. It is human nature to be more concerned about fairness and reciprocity than self interest. But the opposite view excuses all sorts of unfair and non-reciprocal behaviors, and so it is still immensely popular with a certain set of privileged people, despite the evidence against it.

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton