By Bill McColl Published June 07, 2019 WSJ at Large FOXBusiness Facebook Twitter Comments Print video Consumers misunderstand their relationship Big Tech firms: Roger McNamee Elevation Partners and Silver Lake Partners co-founder Roger McNamee says consumers have a misunderstanding about the relationships they have with Big Tech firms. With both the Trump Administration and the House Judiciary Committee on the verge of investigating several Big Tech firms for potential antitrust violations, a technology investing pioneer said it’s time for the government to act. Continue Reading Below Roger McNamee, the co-founder of both the private equity firm Silver Lake Partners and the venture capital firm Elevation Partners, tells Gerry Baker on “WSJ at Large” that he believes companies such as Facebook and Alphabet's Google are now a danger. “They build these digital voodoo dolls about each and every one of us,” he … [Read more...] about Big Tech is using consumers like a voodoo doll: Roger McNamee
It’s a question that is quickly becoming a political one, with legislators in California and Vermont passing data privacy laws that aim to establish individual rights around data and federal lawmakers discussing what a national privacy law would look like. For Roger McNamee, a storied Silicon Valley investor and early Mark Zuckerberg mentor who has recently become one of the company’s most outspoken critics, it’s a question that 2020 election candidates need to debate at the national level. McNamee believes the most important question around data privacy is about determining when it’s legal for companies to share and sell data without customers’ knowledge or consent. “Why is it okay for credit card companies to sell financial records?” McNamee said at the South By South West conference in Austin, Texas, over the weekend. “Why is it legal for cell companies to sell location data? Why is it legal for companies that make apps for health … [Read more...] about Roger McNamee: “Why is it legal to collect data on kids, let alone sell it?”
By Levi Sumagaysay | [email protected] | Bay Area News Group PUBLISHED: February 4, 2019 at 12:00 pm | UPDATED: February 4, 2019 at 12:04 pm SAN FRANCISCO — As if to underscore why Roger McNamee, an early adviser to Mark Zuckerberg, wrote a book called “Zucked: Waking Up to the Facebook Catastrophe,” Facebook had a “helluva week” before the book’s publication. That was McNamee’s assessment during an interview with this publication about his new book, which comes out Feb. 5. Facebook’s latest PR headache came last week in reports the company was paying users as young as 13 up to $20 a month to install an app that allowed Facebook to track their phones’ activity — in the name of market research, and against Apple’s privacy policies. Just days before that came the unsealing of court documents that included internal memos showing Facebook knowingly let kid gamers rack up huge charges on their … [Read more...] about ‘Zucked’: Can Facebook critic Roger McNamee spark big changes?
In a survey conducted by workplace chat app Blind, hundreds of Facebook employees said Mark Zuckerberg should keep his job as CEO. They also said the litany of scandals involving Zuckerberg had not devalued the company. Not everyone agrees, with a wider audience of tech employees saying the scandals had done damage to Facebook. Insiders at Facebook are generally loyal, with most of Zuckerberg’s inner circle sticking around through a difficult 2018. Most Facebook employees still want CEO Mark Zuckerberg to remain their leader, despite a year of scandal resulting in increased scrutiny on the business and potential regulation. Blind, the anonymous workplace chat app popular with tech workers, surveyed more than 8,000 users on the question: “Should Zuckerberg remain CEO of Facebook?” Both non-Facebook and Facebook employees responded. Of the 735 Facebook employees who responded, only 122 answered “No.” More than 600 Facebookers said Zuckerberg should … [Read more...] about Facebook employees are still loyal to Mark Zuckerberg and think he should remain CEO
Early investor Roger McNamee explains his concerns about the platform's trajectory. Nina Zipkin Published 3:30 pm CST, Friday, January 18, 2019 Photo: Bloomberg | Getty Images Photo: Bloomberg | Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Photo: Bloomberg | Getty Images Mark Zuckerberg's Former Mentor: 'The People at Facebook Live in Their Own Bubble' 1 / 1 Back to Gallery By now we all know the story of Mark Zuckerberg’s rise from his Harvard dorm room to becoming a 23-year-old billionaire. But how the past couple of years have played out, particularly the handling of the Cambridge Analytica scandal, has given Roger McNamee, an early investor in the company and … [Read more...] about Mark Zuckerberg’s Former Mentor: ‘The People at Facebook Live in Their Own Bubble’