Hacker News Reader

It feels like you have to squint fairly hard at this point to continue to see Facebook in the same terms that they define themselves as just being interested in "presenting the marketplace of ideas".

This seems to be the latest in a pretty long series of actions that seem contrary to that idea and that something else might be the real motivating factor.

View on HN

"CERTIFICATE OF INCORPORATION OF FACEBOOK, INC. ARTICLE III: The purpose of the Corporation is to engage in any lawful act or activity for which corporations may be organized under the Delaware General Corporation Law."

https://www.sec.gov/Archives/edgar/data/1326801/000119312512...

Facebook is no different than any other Delaware corporation. Facebook exists to do anything and everything that will profit its shareholders. Everything else is just PR.

This language is not exclusive to Delaware corporations, or even corporations. It is standard practice when incorporating any kind of business entity.

Source: if you look at the articles of incorporation for my solely-owned and operated LLC, you'd find an identical purpose statement.

Reply on news.ycombinator.com