Every December, Yahoo! The Department of Finance selects a Company of the Year based on its market performance and achievements that year. However, we can learn as much from the bad as the good by airing our grievances. This is why Yahoo! Finance also selects a worst company of the year, polling their audience to find out which company upset them the most.
The survey was made up of 1,541 respondents who were crazy about a lot this year, from Robinhood’s trading freeze last winter to electric truck startup Nikola still having no say. But one company has annoyed them the most, and it’s Facebook. The survey results provided insight into why the company decided to rebrand this year to a new name: Meta Platforms.
The open investigation was published on Yahoo! Finances on December 4 and 5, and dozens of names were submitted.
Facebook has had its share of controversies this year. He’s been under the antitrust microscope and faced a flurry of whistleblower allegations that Facebook ignored security concerns in the name of growth. Congress is constantly demanding answers from the company on both fronts.
At the same time, some critics, including conservatives, say Facebook has controlled the platform’s discourse too much and drowned out their voices. Other critics, including those on the left side of the aisle, claimed that Facebook was enabling the spread of false information.
What’s particularly interesting about the company formerly known as Facebook is the sheer number and diversity of reasons why people dislike it. It received 50% more votes than runner-up Chinese e-commerce giant Alibaba, not for a single infraction, but for a litany of grievances from groups of people who may not have much to say. other to get along.
There were significant complaints of censorship, mostly from right-wing and conservative voices who felt the ‘free speech police’ were unfair and that they had the right to say whatever they wanted on the platform. -form.
On the other side, people have harassed the platform for not controlling significant misinformation which critics say has contributed to people not taking the deadly potential of the pandemic seriously. .
Outside of the political conversation, many respondents were upset about the company’s effects on children and young people, citing its photo-sharing site Instagram and its effects on mental health, after internal documents revealed that the company knew Instagram made teenage girls worse about body image. questions but did not solve the problem.
For more on this, including the other major “dishonorables” listed, read the full yahoo! Finance report.