Surveying the reactions to the latest revelation that Facebook played fast and loose with user data, it was hard not to harken back to what Scott McNally, the founding CEO of Sun Microsystems, told a group of reporters, including one from WIRED, in 1999: “You have zero privacy anyway. Get over it.”
Read moreWall Street, Not Facebook, Bears Most of the Blame for the Company’s IPO Debacle
All the actors in the Facebook IPO debacle look bad, Zachary Karabell writes, but most of the blame should be directed at Morgan Stanley and the other banks that underwrote the stock offering. Plus, Dan Lyons breaks down 7 things to know about the scandal.
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