Earlier quoted context omitted.
99% of the growth!! Thoughts on anti-trust? If you're capturing every single part of the growth of a huge previously diversified market, whats the arguments against?
It seems like it would be a disaster to break up Facebook. You can't really have more than one social network that everybody uses. Forcing everyone to split off into groups wouldn't work, to put it mildly.
Facebook Profit Jumps 71% Year-over-Year
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Re: Facebook Profit Jumps 71% Year-over-Year
#42Re: Facebook Profit Jumps 71% Year-over-Year
#43Earlier quoted context omitted.
That is absolutely insane. Should we seriously be considering anti-trust regulators to crack down on their insane growth?
As far as I understand, In the US monopoly is fine unless it leads to increase of price paid by consumers. EU probably has different opinion.
Re: Facebook Profit Jumps 71% Year-over-Year
#44Some fun Facebook facts from the earnings call/report - Facebook has a massive, $35.5 billion hoard of cash, cash equivalents and marketable securities. It's the third biggest S&P 500 company by this metric that isn't paying a dividend, after Berkshire Hathaway and Alphabet. - Facebook's headcount is now at 20,658. That's up 43 percent since last year - Average Revenue Per User Rises 23% to $4.73, Down from 4Q 2016 -…
1. https://www.buzzfeed.com/peterlauria/what-18-of-the-biggest-...
Re: Facebook Profit Jumps 71% Year-over-Year
#45Some fun Facebook facts from the earnings call/report - Facebook has a massive, $35.5 billion hoard of cash, cash equivalents and marketable securities. It's the third biggest S&P 500 company by this metric that isn't paying a dividend, after Berkshire Hathaway and Alphabet. - Facebook's headcount is now at 20,658. That's up 43 percent since last year - Average Revenue Per User Rises 23% to $4.73, Down from 4Q 2016 -…
99% of the growth!! Thoughts on anti-trust? If you're capturing every single part of the growth of a huge previously diversified market, whats the arguments against?
Re: Facebook Profit Jumps 71% Year-over-Year
#46Earlier quoted context omitted.
99% of the growth!! Thoughts on anti-trust? If you're capturing every single part of the growth of a huge previously diversified market, whats the arguments against?
It seems like it would be a disaster to break up Facebook. You can't really have more than one social network that everybody uses. Forcing everyone to split off into groups wouldn't work, to put it mildly.
Unlikely and less efficient but that could be one way to handle it.
Re: Facebook Profit Jumps 71% Year-over-Year
#47How would you define "killing it" to a non-native, English speaker?
Re: Facebook Profit Jumps 71% Year-over-Year
#48How would you define "killing it" to a non-native, English speaker?
Usually, "it" in "killing it" refers to some kind of game, so they're "killing the game", or doing a really good job beating the game.
Re: Facebook Profit Jumps 71% Year-over-Year
#49Earlier quoted context omitted.
99% of the growth!! Thoughts on anti-trust? If you're capturing every single part of the growth of a huge previously diversified market, whats the arguments against?
It seems like it would be a disaster to break up Facebook. You can't really have more than one social network that everybody uses. Forcing everyone to split off into groups wouldn't work, to put it mildly.
Re: Facebook Profit Jumps 71% Year-over-Year
#50Earlier quoted context omitted.
I'm not trying to be snarky but is it really competition if it's just two players?
Yes. Isn't a basketball game a competition?
A better metaphor would be 2 people playing golf. They can both achieve personal bests during the same match.