Facebook and Netflix’s Cozy Deal: A Betrayal of User Privacy
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Facebook and Netflix ‘special relationship’ exposed
Facebook and Netflix’s Cozy Deal: A Betrayal of User Privacy
A bombshell anti-trust lawsuit has uncovered a disturbing pact between Facebook and Netflix, revealing how the tech giants have been brazenly exploiting user data for mutual gain. For nearly a decade, Facebook allegedly allowed Netflix to access users’ private messages in exchange for hefty ad revenue and invaluable user data.
According to court documents filed by two U.S. citizens, this backdoor arrangement not only violated anti-competitive laws but also compromised user privacy on a massive scale. The lawsuit paints a damning picture of the so-called “special relationship” between the two corporate behemoths.
Under the terms of this clandestine deal, Netflix enjoyed unrestricted access to users’ private Direct Messages (DMs), enabling the streaming giant to tailor ads with pinpoint precision. In return, Netflix guaranteed a staggering $150 million in ad spending on Facebook and provided detailed reports of user data to the social media giant every two weeks.
But the collusion didn’t end there. Netflix CEO Reid Hastings even joined Facebook’s board, further cementing the cozy relationship between the two companies. Notably, Hastings played a pivotal role in shutting down Facebook Watch, a potential competitor to Netflix at the time.
This damning revelation sheds light on the unscrupulous tactics employed by tech giants to maintain their dominance in the market. The exploitation of user data for profit underscores the urgent need for greater regulatory oversight and accountability in the tech industry.
While Facebook, now known as Meta, has vehemently denied the allegations, claiming such agreements are “commonplace,” the evidence presented in the lawsuit tells a different story. It’s a stark reminder that when it comes to protecting user privacy and upholding the principles of fair competition, big tech companies cannot be trusted to act in the public’s best interest.
As the lawsuit unfolds, it’s clear that the Facebook-Netflix alliance is just the tip of the iceberg in the ongoing battle for data privacy and corporate accountability. The question remains: How many more secret deals are lurking in the shadows, waiting to be exposed?
[Source: Fox Business]
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