Question

In: Accounting

Facebook has long conducted digital experiments on various aspects of its website. For example, just before...

Facebook has long conducted digital experiments on various aspects of its website. For example, just before the 2012 election, the company conducted an experiment on the News Feeds of nearly 2 million users so that they would see more “hard news” shared by their friends. In the experiment, news articles that Facebook users' friends had posted appeared higher in their Newsfeeds. Facebook claimed that the news stories being shared were general in nature and not political. The stories originated from a list of 100 top media outlets from the New York Times to Fox News. Industry analysts claim that the change may have boosted voter turnout by as much as 3 percent. Read Chater 3, Closing Case found on page 83.  

Questions

  1. Discuss the ethicality and legality of Facebook's experiment with human emotions.
  2. Was Facebook's response to criticism concerning that experiment adequate? Why or why not?
  3. Consider the experiments that Facebook conducted in May and June 2015. Is there a difference between these two experiments and Facebook's experiment with human emotions? Why or why not?
  4. Should the law require companies to inform their users every time they conduct experiments? Why or why not?

Solutions

Expert Solution


Related Solutions

The Problem Facebook has long conducted digital experiments on various aspects of its website. For example,...
The Problem Facebook has long conducted digital experiments on various aspects of its website. For example, just before the 2012 election, the company conducted an experiment on the News Feeds of nearly 2 million users so that they would see more “hard news” shared by their friends. In the experiment, news articles that Facebook users' friends had posted appeared higher in their News feeds. Facebook claimed that the news stories being shared were general in nature and not political. The...
Facebook provides a variety of statistics on its website that detailed the growth in popularity of...
Facebook provides a variety of statistics on its website that detailed the growth in popularity of the site. one such statistic is that the average user has 130 friends. consider the following data the number of friends in the SRS of 30 Facebook users from a large University. 99 148 158 126 118 112 103 111 154 85 120 127 137 74 85 104 106 72 119 160 83 110 97 193 96 152 105 119 171 128 a. do...
Disney has just issued a 10-year bond to finance its digital strategy. The face value of...
Disney has just issued a 10-year bond to finance its digital strategy. The face value of the bond is 1,000$. The bond is based in USA and pays coupon semi-annually; being the annualized coupon yield 2%. The current interest rate for this bond is 0.95% in semi-annual terms. Please calculate: PV of the bond If the bond is quoted in the market at 1,012$, will you recommend the purchase? Is the bond a discount, par or premium bond? If you...
Please let us know if Facebook has any long-term debt on its balance sheet. Please give...
Please let us know if Facebook has any long-term debt on its balance sheet. Please give us some information about that long-term debt. You will have to look in the notes to the financial statements for this information. Also please calculate the times interest earned ratio for this corporation and let us know what this ratio indicates about its financial condition. Part 2 What are unsecured notes? Why would they carry a relatively high interest rate? What are convertible securities?...
Facebook has become a very popular website among senior citizens. A random sample of 65 senior...
Facebook has become a very popular website among senior citizens. A random sample of 65 senior Americans showed a sample average of 189 friends with a sample standard deviation of 25 friends. Estimate the number of Facebook friends senior Americans have in a 99% confidence interval. (Do not use direct steps)
If Grounds Keeper has a required rate of return on its long-term debt of 9% (before...
If Grounds Keeper has a required rate of return on its long-term debt of 9% (before taxes) and a required rate of return on its common stock (of 16%?, {not positive this is correct}), a tax rate of 40%, what is its weighted average cost of capital (WACC) for 2012? How could Grounds Keeper lower its WACC? (HINT: you will need to look at the balance sheet to determine the weight of debt to equity. Grounds Keeper Consolidated Balance Sheets...
Digital Depot Company, which operates a chain of 40 electronics supply stores, has just completed its...
Digital Depot Company, which operates a chain of 40 electronics supply stores, has just completed its fourth year of operations. The direct write-off method of recording bad debt expense has been used during the entire period. Because of substantial increases in sales volume and the amount of uncollectible accounts, the firm is considering changing to the allowance method. Information is requested as to the effect that an annual provision of ¼% of sales would have had on the amount of...
This course has covered various aspects of managerial accounting that are meant to give you the...
This course has covered various aspects of managerial accounting that are meant to give you the foundation needed to understand, analyze and evaluate a company’s performance as a company manager as well as an external user of financial information. Given your personal and professional goals, which of these tools will be of greatest benefit to you (describe at least 3)? Why? Be specific.
This course has covered various aspects of managerial accounting that are meant to give you the...
This course has covered various aspects of managerial accounting that are meant to give you the foundation needed to understand, analyze and evaluate a company’s performance as a company manager as well as an external user of financial information. Given your personal and professional goals, which of these tools will be of greatest benefit to you (describe at least 3)? Why? Be specific PLEASE PROVIDE DETAILED ANSWER
This course has covered various aspects of managerial accounting that are meant to give you the...
This course has covered various aspects of managerial accounting that are meant to give you the foundation needed to understand, analyze and evaluate a company’s performance as a company manager as well as an external user of financial information. Given your personal and professional goals, which of these tools will be of greatest benefit to you (describe at least 3)? Why? Be specific.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT