Tag: Facebook
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Facebook shutting down metaverse. It’s fine to use your mountains of spare cash (and voting control) to try out new things. We’re all about innovation and expect it; you have to embrace lots of failure, giant failure. The actual problem is then discarding all the people you hired to help you. It shucks the “with…
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Meta Reorientates Itself Around ‘Masculine Energy’ – This feels similar to the arational RTO mandates. What could possibly be the link between “not enough masculine-energy” and “not enough share-holder value increase”? Is Facebook not “aggressive” enough in online advertising? Are the failings or lack of filling potential due to too much feminine energy? How are…
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The real story of how Facebook almost acquired Waze, but we ended up with Google – “Acquisitions are the first moment when founders and investors have diverging interests. This is the one time when you should be wary of feedback from your investors. And, of course, like any negotiation, whoever is willing to walk away…
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Urgency
I’ve started writing this bit two times (see the community one and the one on ICs vs. managers for what happened instead). If Twitter fails – or I stop using it – I’m looking forward to recalibrating my sense of urgency. One thought going around is that no one would want to rebuild Twitter (I…
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Link: Facebook’s local news project frustrated – by lack of local newspapers
The definition of not enough: The company deems a community unsuitable for Today In if it cannot find a single day in a month with at least five news items available to share. And: Some 1,800 newspapers have closed in the US over the last 15 years, according to the University of North Carolina. Newsroom…
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Link: Facebook’s facing limits
“By most estimates, the entire global ad market (digital and offline) sits at roughly $550-600bn and by that measure Facebook, whose sales come almost entirely from ads, commands nearly 10% of it.” But, compared to Google: “If Facebook plans to regain the value it lost with its latest earnings announcement, it’s going to have to…
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Link: Cambridge Analytica: how did it turn clicks into votes?
“[I]f you live in the Hamptons and have nothing to do in the afternoon, you fill out consumer research surveys.” Original source: Cambridge Analytica: how did it turn clicks into votes?
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Link: European privacy regulations predicted to damage digital advertising revenue
“Citi cites forecasts that ePrivacy could trigger a 70% reduction in European display ad revenue, and a 33% cut in digital ad budgets, either of which could eviscerate Facebook and Google, at least under their current business model.” The narrative that these are “tech companies,” at at least that these are the only tech companies,…
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Link: Yahoo! dismemberment! begins! as! Oath! offloads! Flickr!
“Yahoo! acquired Flickr in 2005 and planned to fold it into the Yahoo! Photos service. But the Flickr brand proved more resilient and Yahoo! ended up running it until now, albeit with Yahoo! as the preferred authentication provider. The service has remained popular with photographers, but trails the likes of Facebook and Google in terms…
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Link: Why Zuckerberg’s 14-Year Apology Tour Hasn’t Fixed Facebook
“There is no other way to interpret Facebook’s privacy invading moves over the years—even if it’s time to simplify! finally!―as anything other than decisions driven by a combination of self-serving impulses: namely, profit motives, the structural incentives inherent to the company’s business model, and the one-sided ideology of its founders and some executives. All these…
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Link: Media vs. Facebook: This time it’s personal
“Facebook and Google execs privately complain about the barrage of critical coverage they face, charging that media companies have a financial incentive to attack them and that media execs are settling scores. They’re right.” Original source: Media vs. Facebook: This time it’s personal
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Link: WhatsApp founder says to delete Facebook
“Acton, who is worth $6.5 billion” Original source: WhatsApp founder says to delete Facebook
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Link: Facebook Stock Plunges
“This Cambridge Analytica scandal proves that Facebook ought to be heavily regulated, and that’s not good for Facebook’s bottom line.” Original source: Facebook Stock Plunges
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Link: Rupert Murdoch says Facebook needs to pay publishers the way cable companies do
“The publishers are obviously enhancing the value and integrity of Facebook through their news and content but are not being adequately rewarded for those services,” Murdoch wrote. “Carriage payments would have a minor impact on Facebook’s profits but a major impact on the prospects for publishers and journalists.” Original source: Rupert Murdoch says Facebook needs…
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Link: Facebook grows a conscience, admits it corroded democracy
They want to be more responsible. Original source: Facebook grows a conscience, admits it corroded democracy


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