{"id":6538,"date":"2021-12-20T11:22:00","date_gmt":"2021-12-20T19:22:00","guid":{"rendered":"https:\/\/thedaily.ca\/news\/?p=6538"},"modified":"2021-12-20T11:22:00","modified_gmt":"2021-12-20T19:22:00","slug":"shocking-no-one-facebook-meta-earns-title-of-the-worst-company-of-the-year","status":"publish","type":"post","link":"https:\/\/thedaily.ca\/news\/2021\/12\/20\/shocking-no-one-facebook-meta-earns-title-of-the-worst-company-of-the-year\/","title":{"rendered":"Shocking No One, Facebook\/Meta Earns Title Of The Worst Company Of The Year"},"content":{"rendered":"<p>Who would have thought that changing a name would shift how people see a company? Unfortunately, if that was the case for Facebook, it didn\u2019t work out, as an audience survey found that Meta is the worst company of the year.<\/p>\n<p>As it does every year,\u00a0<em><a href=\"https:\/\/finance.yahoo.com\/news\/meta-facebook-worst-company-of-the-year-yahoo-finance-165345819.html\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo! Finance<\/a><\/em>\u00a0selects a \u201cCompany of the Year\u201d based on its market performance and other achievements while it also selects a \u201cWorst Company of the Year,\u201d polling its audience about the company that upset them the most.<\/p>\n<p>While one could say that these are different metrics, there are a lot of reasons why Facebook got this title as the worst company of the year. Yahoo! Finances said that while Robinhood, Nikola, and other companies appeared in this survey in which 1,541 readers responded, Facebook was the one that received the most write-in votes with 8%.<\/p>\n<blockquote class=\"wp-block-quote\"><p>What is especially interesting about the Company Formerly Known as Facebook is just how many and varied the reasons people dislike it. It received 50% more votes than the second-place finisher, Chinese e-commerce giant Alibaba, not for one singular offense but for a litany of grievances from groups of people that may have little else to agree about.<\/p><\/blockquote>\n<p>One of the reasons that so many people got furious about Facebook\/Meta was\u00a0<a href=\"https:\/\/9to5mac.com\/2021\/12\/07\/instagram-to-launch-first-parental-controls-following-controversy\/\">the company\u2019s effects on children and young people<\/a>, something we\u2019ve covered a lot lately regarding the Instagram controversy.<\/p>\n<p>Even though it seems that Facebook could redeem itself as around 30% of Yahoo! readers think that.<\/p>\n<blockquote class=\"wp-block-quote\"><p>One respondent said Facebook could redeem itself by acknowledging and apologizing for what it did and donating a \u201csizable amount\u201d of its profits for a foundation to help reverse its harm. While some people saw the Meta rebrand as a cynical attempt to change the conversation, following\u00a0Don Draper\u2019s advice in scandal, others were excited by the potential of a new direction that could a) be interesting and b) something different from the aging social media model. A significant amount of responses focused on executives and founder and CEO Mark Zuckerberg.<\/p><\/blockquote>\n<p>Do you think Facebook\/Meta deserves this title as the worst company of the year? Share your thoughts in the comment section below.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Who would have thought that changing a name would shift how people see a company? Unfortunately, if that was the case for Facebook, it didn\u2019t work out, as an audience survey found that Meta is the worst company of the year. As it does every year,\u00a0Yahoo! Finance\u00a0selects a \u201cCompany of the Year\u201d based on its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","cybocfi_hide_featured_image":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":""},"categories":[54,7,8,70],"tags":[],"class_list":["post-6538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-censorship","category-covid19","category-general-news","category-kevin-chan","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<title>Shocking No One, Facebook\/Meta Earns Title Of The Worst Company Of The Year - The Daily News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedaily.ca\/news\/2021\/12\/20\/shocking-no-one-facebook-meta-earns-title-of-the-worst-company-of-the-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shocking No One, Facebook\/Meta Earns Title Of The Worst Company Of The Year - The Daily News\" \/>\n<meta property=\"og:description\" content=\"Who would have thought that changing a name would shift how people see a company? 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