This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Facebook 'Privacy' Flap: Get Over Yourself, Zuckerberg

NEW YORK ( TheStreet) -- Not talking about Mark here. I'm certain the Facebook (FB - Get Report) CEO gets it. Randi Zuckerberg, Mark's sister, needs to catch a clue.

In case you missed it: The Zuckerberg family was hanging out in their kitchen over the holidays. They were apparently playing with the Facebook 'Poke' app. Randi shared a photo of some tomfoolery with her more than 40,000 followers/subscribers. One of them (and, who knows, maybe more?) Tweeted the picture.

It went beyond viral. Randi Zuckerberg, who I have come to like and admire via her CNBC appearances, threw a hissy fit. She admonished the person who shared the photo, claiming it wasn't about "privacy settings," rather it was about "digital etiquette" and "human decency."

Can you say melodramatic snobbery?

The media took the bait and, by and large, continues to treat this like a "privacy" controversy. This is what the media does. Most editors and reporters, particularly in television and print, can't think for themselves.

Something happens. The parties involved initially react and then rush to spin the incident. Randi Zuckerberg decides to frame the photo sharing a "privacy issue" and the media uncritically runs with it.

This whole thing actually speaks to a narrative I have weaved as of late that goes like this: I believe in Facebook's business big time -- in fact, we have a $100 stock on our hands here -- but, looking through a generational lens, Twitter will live a longer life than Facebook because it is far superior as a useful, meaningful and ultimately righteous social platform.

This incident illustrates Facebook as the Wild West ... as an American cultural train wreck with legitimate staying power.

I am about seven years older than Randi Zuckerberg. Plenty happens -- at least in my experience -- between 30 and 37. At some point during that span -- probably around 34 to 35 -- I stopped blaming everybody but myself for my missteps.

It used to be that when something went wrong, I looked for evil external forces to lay it on. That's such a toxic way to live, even when dealing with relatively small things. They add up.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FB $116.73 7.20%
AAPL $95.03 -2.90%
GOOG $691.02 -2.10%
TSLA $247.54 -1.60%
YHOO $36.58 -1.00%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs