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Facebook has lost $100B in 10 days and now advertisers are pulling out

business.financialpost.com

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Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#181

Post by mygo »

JDWolf wrote: post #142
734786710934 wrote: post #76

Earlier quoted context omitted.

Facebook has no serious competition at the moment other than Snapchat. Young people are still using Instagram and Messenger. Ironically, the calls for regulation might actually end up helping Facebook in the end as they will make the barriers to entry higher.

MS LinkedIn seems like a pretty strong competitor to me. Seems like their logo/like buttons/messaging/user experience is converging that direction. Perhaps they will offer Office-Ville or Kanban-Crush-Saga.

LinkedIn is not a competitor to Facebook. Why? Context. When you go on facebook you’re in a social state of mind. When you go on LinkedIn you’re in a formal / business state of mind. It’s a glorified resume and socially conservative af. That fact alone means that, even if LinkedIn has the same exact user base as facebook, we are not going to use LinkedIn like we do facebook.

Facebook profits off of our attention and engagement. Facebook’s real competition is who or whatever holds our attention. Whoever manages to make us give facebook less of our time. LinkedIn does not really have our attention like facebook does. We set up a profile and leave and maybe get on it when job hunting or when someone writes us a recommendation. There is no “LinkedIn addiction.” But you wanna know what website has been getting even more and more of our attention? Netflix lol. Netflix can take hours out of our day and during those hours we may be so absorbed in the show that we’re not really engaging with facebook. So yeah, Netflix is a bigger competitor to facebook than LinkedIn.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#182

Post by aioprisan »

juicy-fruit wrote: post #25
nugi wrote: post #13

This is the beginning of the Big Churn. Less top talent will want to be associated with facebook. Already even a few more privacy clueless friends family members are deleting their accounts. Adverts were always so low yeild, and fb pages 'because we need one'. Now that is all changing due to perception. The FTC, stocks falling, are further indicatuons of falling trust. And all business is built on trust.

>Less top talent will want to be associated with facebook How certain is this? Whether you like what Facebook does or not, you can't deny their engineering talent is top tier. I don't even use Facebook but I'd still want to work there just to work with the people there and the environment. Companies like Facebook and Google are pretty engineer friendly, more so than other companies. I don't think this event will be t…

How certain was the same with Uber while they were going through the bulk of their issues? In a full employment market, not wanting to be associated with a company simply due to potential perception would be enough to have most candidates pass on an opportunity.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#183

Post by int_19h »

phinnaeus wrote: post #104
chrischen wrote: post #74

Earlier quoted context omitted.

People in US don't really use Whatsapp. iOS users do use iMessage and Android use Hangouts.

Do android users actually uses Hangouts? I have a couple of friends on it but my understanding is that Android users (like myself) just stick with standard SMS/MMS in the US. Patiently waiting for Universal RCS to take off...

Hangouts also does SMS. And, on Nexus phones at least, it does it by default.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#184

Post by jdeisenberg »

EGreg wrote: post #172
wizardforhire wrote: post #153

Earlier quoted context omitted.

I've been putting off posting this for months because when I write it, it seems grandiose but it's been my life and it's too ridiculous not to share. I was born in 80 so that dates me. I've worked in music for the last 20 years and I've worked with over 60 bands most of whom are very successful now. However that number is misleading because I've toured with hundreds of bands if you count the openers and headliners ov…

Sounds like you want the Qbix Platform https://m.youtube.com/watch?v=pZ1O_gmPneI

Alas, the web site (https://qbix.com/people) appears not to work on Firefox Developer Edition 60.0: “Unable to init adapter. App config is not defined.”

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#185

Post by gaius »

734786710934 wrote: post #76
chrischen wrote: post #68

Earlier quoted context omitted.

Yes, Facebook's current network is fairly strong, but you shouldn't look to where the masses currently are, you should look to where the trendsetters, the young, and the people in the know—where they are. These people are ahead of the curve, and the signs they are emitting is that Facebook is not serving their interests and needs. Young people don't want to use facebook because it forces you to interact with everyone…

Facebook has no serious competition at the moment other than Snapchat. Young people are still using Instagram and Messenger. Ironically, the calls for regulation might actually end up helping Facebook in the end as they will make the barriers to entry higher.

Facebook has no serious competition at the moment

The competition is “socialising the pre-Facebook way”

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#186

Post by brandmeyer »

wizardforhire wrote: post #165
brandmeyer wrote: post #161

Earlier quoted context omitted.

> What we desperately want is a decentralized encrypted locally hosted application ... we'd be fine with our friends or fans hosting encrypted files on their devices but that's as far as they go. What exactly are you trying to get out of encryption in this MinimalBook application of yours?

Privacy, security, rights Managment. Not quite State level but close (because does that even exist?). It's celebrities that travel nearly most days of the years. Every place that's always in the news for something terrible is probably a destination at somepoint. Also stalkers, extortionists, kidnappers, they're very real. Also and I would think probably more pertinent is that given current events, for something decen…

Here's the thing. Encryption only allows you to protect the channel of information between two parties. Once the other party has the information you shared, they can in turn share it with whomever they wish. You can establish a private network amongst your selected peers.

But you cannot prevent your peers from violating the network's privacy, either purposefully or accidentally. No amount of encryption can do that.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#187

Post by bschwindHN »

mattferderer wrote: post #177
gonehome wrote: post #35

Earlier quoted context omitted.

Oh please - the overreaction from this is ridiculous. I'm buying FB call options. Facebook's network effect is extremely strong - this is also not even including their other assets (Instagram, Whatsapp, Oculus). The API access was in violation of terms of service and the ability to access data through friends via the FB graph has already been closed.

Oculus is highly underrated in my opinion. I would bet that the majority of their income is through VR by 2030. Great VR content with the ability to personalize it using AI with tons of personal data will lead to major addictions in my opinion, resulting in a gold mine for many businesses.

> Great VR content with the ability to personalize it using AI with tons of personal data will lead to major addictions in my opinion

Do people really want that? Or do they just want good VR games and experiences? I'm not sure what kind of personal data would get added to a VR experience but it sounds...creepier than most people would want.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#188

Post by drukenemo »

gonehome wrote: post #35
nugi wrote: post #13

This is the beginning of the Big Churn. Less top talent will want to be associated with facebook. Already even a few more privacy clueless friends family members are deleting their accounts. Adverts were always so low yeild, and fb pages 'because we need one'. Now that is all changing due to perception. The FTC, stocks falling, are further indicatuons of falling trust. And all business is built on trust.

Oh please - the overreaction from this is ridiculous. I'm buying FB call options. Facebook's network effect is extremely strong - this is also not even including their other assets (Instagram, Whatsapp, Oculus). The API access was in violation of terms of service and the ability to access data through friends via the FB graph has already been closed.

Someone once said something equivalent about the Roman Empire.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#189

Post by mingabunga »

kin wrote: post #55

I genuinely believe that advertisers are only pulling out because it's the PR thing to do. There are many other companies that would love to take advantage of a less competitive bid for Facebook ad space and I have no doubt they will be taking advantage of it and will continue to spend boats of money on Facebook.

Agree, it's a great platform for advertisers and they know it's great for targeting and conversions. Most of the outrage and awareness seems to be in the tech sphere (the vocal minority?) while the rest of the world just gets on with it.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#190

Post by FullyFunctional »

mygo wrote: post #181
JDWolf wrote: post #142

Earlier quoted context omitted.

MS LinkedIn seems like a pretty strong competitor to me. Seems like their logo/like buttons/messaging/user experience is converging that direction. Perhaps they will offer Office-Ville or Kanban-Crush-Saga.

LinkedIn is not a competitor to Facebook. Why? Context. When you go on facebook you’re in a social state of mind. When you go on LinkedIn you’re in a formal / business state of mind. It’s a glorified resume and socially conservative af. That fact alone means that, even if LinkedIn has the same exact user base as facebook, we are not going to use LinkedIn like we do facebook. Facebook profits off of our attention and…

So, HN then? (I'm only half-kidding. I have an unhealthy addiction to HN)
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