If Mark Zuckerberg And the folks at Meta may have thought that changing their company name might bring some relief, so maybe they were wrong. According to a survey conducted by Yahoo Finance, Meta (Facebook) was named the worst company of 2021 in the US. Open ended survey was done on yahoo finance website and got over 1,500 respondents.
Facebook was the worst company and received 50% more votes than Chinese e-commerce giant Alibaba, which came second. Those who voted for Facebook found many things the company did wrong in 2021.
According to the report, users were not too happy with Facebook’s ‘censoring’. There were also some who felt that the company did not do enough to tackle fake news and misinformation on its platform. “A significant amount of the responses focused on executives and founder and CEO Mark Zuckerberg,” the report said.
Facebook has had its fair share of controversies in 2021. One whistleblower said Facebook’s algorithm was designed to make people sad and angry.
The company rebranded itself earlier this year. “We chose “Meta” because it can mean “beyond” and reflects our commitment to building social technologies that take us beyond the digital connections we are today. The Facebook logo has also been revamped.” We are also introducing a new logo and color with our new company brand. The logo is assumed to be in a blue gradient. “It is designed to be experienced in 3D so that it really comes to life in the Metaverse – where you can move in and around it,” Facebook said. People still have problems with the company.
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Meanwhile, other hated companies on the list include AT&T, retail trading platform Robinhood, Citadel Securities, and Tesla. even though Elon Musk, CEO TeslaNamed Man of the Year by Time magazine, there were many people who were unhappy with Tesla.
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