In 2005 graffiti artist David Choe was offered $60K to paint multiple murals at Facebook headquarters. He chose to take his compensation in stock which was eventually worth more than $200 million.
A team of economists at NYU found that getting off Facebook appears to improve people’s lives. Users who deactivated their accounts for a month seemed to enjoy themselves more as a result, showing decreases in depression and anxiety and improvements in happiness and life satisfaction.
Facebook made about $90 per user in the US and Canada last year.
When it rains, people publish more negative posts on Facebook. Each negative post negatively affects one to two other people. The negative post spreads like contagion, negatively affecting people’s moods in cities without rainfall. Social networks magnify the synchronisation of global moods.
Mark Zuckerberg was sued by 3 reporters from the Crimson, after Zuckerberg hacked into their email accounts to monitor the investigation against him. He used their invalid logins on facebook.com, to zero in on their email passwords.
Facebook’s facial recognition system was found to outperform similar systems used by the FBI. Where Facebook has a 98% accuracy rating in identifying faces, the FBI had a success rate of 85%.
In 2015, Facebook canceled Harvard student’s internship after he highlighted a massive privacy issue.
Facebook secretly conducted a huge psychological experiment on its users to see if it could alter their emotional state.
People who post Facebook status updates about their romantic partner are more likely to have low self-esteem, while those who brag about diets, exercise, and accomplishments are typically narcissists.
A federal court in California ruled earlier this year that a lawsuit against Facebook can proceed. The suit claims Facebook is illegally collecting biometric data from people “tagged” in photos posted by other users.