I have a love-hate relationship with social media.
On the one hand, I now have a number of really close friends that I would have never met without Facebook. I’m talking people I connected with on the social media platform and now hang out with in real life. It’s pretty amazing to be able to interact with like-minded people across the US, and even around the world.
Facebook CEO Mark Zuckerberg experienced the big-boy version of getting called into the principal’s office this week. He spent about 10 hours testifying before Congress after news came out that a data firm accessed Facebook user information.
The iconic image from the hearing was Zuckerberg perched on a booster cushion. He looked like Dennis the Menace sitting in front of an entire room full of Mr. and Mrs. Wilson clones.
Whomever runs social media for the Federal Reserve learned a tough lesson about the cruelty of the internet this week.
The Fed’s Facebook page got wickedly trolled after the central bank posted a simple warning about potential scams.
The post seemed innocent enough. The Fed simply wanted to warn people about scammers sending out emails that claim to be from the Fed.