People who deactivated Facebook as part of the experiment were happier afterward, reporting higher levels of life satisfaction and lower levels of depression and anxiety. The change was modest but significant — equal to about 25 to 40 percent of the beneficial effect typically reported for psychotherapy.
Why are people willing to pay so much money for something that reduces their happiness? One possibility is that social media acts like an addictive drug — in fact, the people Allcott et al. paid to deactivate Facebook ended up using it less after the experiment was over. But another possibility is that people use services like Facebook because they’re compelled by motivations other than the pursuit of happiness.
The IRS is suing Facebook for $9bn over unpaid taxes, reports Reuters, targeting its licensing of “intellectual property” to its own Irish subsidiary to shift profits to that lower-taxed jurisdiction. Under the arrangement, Facebook’s subsidiaries pay royalties to the U.S.-based parent for access to its trademark, users and platform technologies. From 2010 to 2016, Facebook […]
Ten months ago the director of New Jersey’s Division on Civil Rights alerted Facebook about a racist and anti-Semitic group page it was hosting, but Facebook took no action, reports Ars Technica. It took a letter from the state’s attorney general to convince Facebook to remove the group page. On Wednesday New Jersey Attorney General […]
There’s no shortage of CRMs out there for large corporations, e-commerce companies, and booming startups to utilize. Think Salesforce, for example. But if you’re running a small business of ten employees max, there’s no way it makes sense to invest in an expensive, robust option like that. You’re better off using your old system of […]
Website building apps are all about one thing — helping you craft a great-looking, fast-running website without having to mess with all that back-end code. However, nobody wants their site to look just like a template, so customization is all but a must. So how easy is it to make those changes and still not […]
In our modern world, our usual first approach to combating an oncoming cold is to medicate it into oblivion. Sometimes, that carpet bombing pharmaceutical attack plan can knock out the congestion and discomfort of an illness before it settles in. But there’s always something to be said for trying to put down the effects of […]