Why media people are furious over Facebook’s bad video metrics

Get the Full StoryA lawsuit claims Facebook knowingly miscalculated video watch metrics. How many jobs were lost as a result?

In April, 2016 Mark Zuckerberg said the following: “We’re entering this new golden age of video . . . I wouldn’t be surprised if you fast-forward five years and most of the content that people see on Facebook and are sharing on a day-to-day basis is video.” A little over a month later, according to a lawsuit, the company would follow up on complaints that it knew about about issues with its video metrics since 2015. Months after that, Facebook finally, very quietly, admitted that it misreported key metrics.Read Full Story

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