It's not overblown if you're lying to advertisers about the quality of impressions their ads received, and lying to investors about it too...especially when your stock has rocketed to making Facebook easily in the top 10 largest corporations in the world.
Not only that but Facebook actively brags about video impressions in their conference calls. This is fraud. I think this is something that should be investigated by the SEC to be perfectly honest. Doesn't mean they should be charged, just investigated; because if they are misreporting this, what other metrics are they misreporting to shareholders?
Not only that but Facebook actively brags about video impressions in their conference calls. This is fraud. I think this is something that should be investigated by the SEC to be perfectly honest. Doesn't mean they should be charged, just investigated; because if they are misreporting this, what other metrics are they misreporting to shareholders?