In the year 2021, Microsoft has been selected as the best company in the world. And the name of Facebook has emerged as the worst company.
Yahoo Finance has provided this list through a survey conducted with the participation of more than one thousand people. Concerns about censorship, the impact of Instagram on mental health, and privacy have been raised in opinion polls. China’s e-commerce giant Alibaba received 50 percent fewer votes of concern than Facebook. However, according to 30 percent of participants, in a new journey called Meta, Facebook will be able to restore people’s trust in them.
However, some respondents think that Facebook should apologize for its misdeeds. One of them also suggested setting up a foundation as compensation. While some users view the meta rebranding as negative, many are optimistic about the company’s potential.
Facebook has been a topic of discussion throughout the year for users’ privacy. Frances Haugen, a former employee of the company, testified against Facebook in the US Congress in October. In his statement, he said that Facebook has repeatedly lied to people about how it harms society.
Frances Haugen said the company knew that Facebook’s platforms hurt teenagers. Haugen also said that Facebook executives have blocked the use of software to prevent the spread of hate speech. Because hate speech is practiced more on social media. This leads to the growth of the platform.