Excerpt from a timely Dan Lyons snapshot
The people running Facebook aren’t as easily gulled as newspaper companies—if only because some of them, such as COO Sheryl Sandberg, were the ones running Google when it ran roughshod over the newspapers.
Sandberg and her colleagues know what Google did to media companies, and they do not intend to suffer the same fate. They’ve told Google: thanks very much, but we’ll keep our precious data to ourselves and do with it as we please.
Who can blame them? Facebook put in years of hard work and spent huge amounts of money building the world’s biggest network of people. Why should Google be allowed to just walk in and start digging through that data?