How the 'Project X'-Riot in Haren, The Netherlands, Could Cost Facebook Dearly
Will Facebook face tighter restrictions in the eurozone?
- The fact that it is so easy to make a mistake like Merthe did: The tag, indicating a private party, is always switched "off" and must be switched on manually
- The fact that such a mistake cannot be undone anymore: Pandora's Box is opened and cannot be closed
- The fact that earlier this year Project X-parties, fueled by Facebook, took place in Germany, Australia, and the US, causing (smaller) riots and damage.
- Facebook's silence on the matter is increasing the concern.
What might be a bad omen for Facebook is the fact that the Dutch European Commissioner for Telecom and Internet Business is the no-nonsense Neelie Kroes, the former European Commissioner for Competition.
[Editor's note: This article originally appeared on Minyanvilles blog section.]
The information on this website solely reflects the analysis of or opin=
ion about the performance of securities and financial markets by the writer=
s whose articles appear on the site. The views expressed by the writers are=
not necessarily the views of Minyanville Media, Inc. or members of its man=
agement. Nothing contained on the website is intended to constitute a recom=
mendation or advice addressed to an individual investor or category of inve=
stors to purchase, sell or hold any security, or to take any action with re=
spect to the prospective movement of the securities markets or to solicit t=
he purchase or sale of any security. Any investment decisions must be made =
by the reader either individually or in consultation with his or her invest=
ment professional. Minyanville writers and staff may trade or hold position=
s in securities that are discussed in articles appearing on the website. Wr=
iters of articles are required to disclose whether they have a position in =
any stock or fund discussed in an article, but are not permitted to disclos=
e the size or direction of the position. Nothing on this website is intende=
d to solicit business of any kind for a writer's business or fund. Miny=
anville management and staff as well as contributing writers will not respo=
nd to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Daily Recap Newsletter