OnE PiCTuRe WoRTH a THouSanD SQuiDS

Squid

Bloomberg News: Goldman Squid...No Comment..., FaceBook...No Comment, SEC...No Comment...

WB7...No Further Comment Necessary

JM

WB7: In this morning's news, I notice that FaceBook and Goldman are both back pedaling today. FaceBook announced that it is temporarily holding" it's plan to share User addresses and mobile phone numbers with external web sites saying: "Over the weekend, we got some useful feedback that we could make people more clearly aware of when they are granting access to this data...." Of course, this is not the first time FaceBook has had to back pedal on privacy issues.

You know what, FaceBook really is the Goldman Squid of Web 2.0. Act first, ask questions later.

Goldman Fails To See the Hype That Delayed FaceBook Sale: Link

FaceBook U-Turns on Phone and Address Data Sharing: Link