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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

#211

Post by rimliu »

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.

As I am not gamer I see very little appeal in VR. Virtual travel, maybe, but only if I can focus whenever I want not where system forces me to.

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

#212

Post by hungryfoolish »

ngsayjoe wrote: post #75
otalp wrote: post #10

I fail to see how this will seriously damage them. They already own the two biggest alternatives to facebook - Instagram for pictures and WhatsApp for communication. More people are using their services than ever before and more people are getting access to the internet in developing countries.

Don't forget Telegram is gaining tractions lately. I just registered Telegram and hope Whatsapp die!

Good luck. Telegram is owned by Russians.

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

#213

Post by reitanqild »

wizardforhire wrote: post #153
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…

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…

> What we desperately want is a decentralized encrypted locally hosted application that has exactly one killer simple feature. A bulletin board to post events. That's it. A simple way to keep in touch with each other and local ownership of our photos and videos. Sure to reduce bandwidth we'd be fine with our friends or fans hosting encrypted files on their devices but that's as far as they go. Do that, slap an easy to use interface on it, don't have advertising call it something literal like friends torrent or something and we'll never have another Facebook. If you want to monotize it... Give it a market place.

I guess someone here should accept this challenge.

Is there a way to inform you when someone think they have an acceptable solution?

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

#214

Post by reitanqild »

wizardforhire wrote: post #202
brandmeyer wrote: post #186

Earlier quoted context omitted.

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.

Right. But I'm thinking torrents and packets distributed to the local network of peers to ease the distributed bandwidth load. Granted a state level actor could potentially collect all data as they do now and have a hell of time trying to piece it all back together. That would take total knowledge of the network and the keys. But for users whom have permission to view the content granted to them through the "friendin…

> But for users whom have permission to view the content granted to them through the "friending" process the last thing you want is for them to be able to mine their device or know what's being stored on their device.

I assume them is a reference to state level actor? At least to me it is not immediately obvious and I think I misread it the first time.

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

#215

Post by flukus »

wizardforhire wrote: post #153
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…

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…

> What we desperately want is a decentralized encrypted locally hosted application that has exactly one killer simple feature. A bulletin board to post events. That's it. A simple way to keep in touch with each other and local ownership of our photos and videos.

Can't you do this with a mailing list? That handles the notification. A big standard website can do the rest like hosting photos.

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

#217

Post by firmgently »

wizardforhire wrote: post #153
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…

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…

Facebook's popularity is driven by that tic of just wanting to have a quick look to see what friends/family are up to, then getting stuck there because of addiction/manipulative techniques.

I can't see people feeling the same way about a site which is only about events, it's a different impulse... almost like tuning in to an adverts-only station. Nobody is on FB because of bands - although they're happy to find out what bands are up to when they happen to already be on the site (not knocking bands as a thing - the same applies to eg. my art page).

Some might say "it doesn't matter, it doesn't have to be as popular as FB" but at that point then why not just have a website?

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

#218

Post by Johnny555 »

gonehome wrote: post #93
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…

All young people are on FB, they may additionally be on something else (probably Instagram which is also FB and starving out Snap) - the default remains Facebook. I'd bet against you. The trajectory is fine and Zuckerberg is a good CEO. They have nearly a third of the earth as users and a ridiculously high percentage of internet users. Given a long enough time horizon any company is vulnerable, but FB is here to stay…

All young people are on FB

Are they? My young teenaged (age 13-17) nieces/nephews have no FB presence at all. Their older siblings were on FB all the time at that age and still have FB pages, but are no longer very active - they mainly use FB to comment on their parents and other relatives pages.

While this is purely anecdotal, FB does seem to be losing young users:

https://www.inc.com/zoe-henry/facebook-losing-users-faster-t...

If they are going to Instagram, then FB isn't really losing them, if they are going elsewhere, then it doesn't bode well for FB.

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

#220

Post by nkkollaw »

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.

This will last another week _at the most_.

People don't pay attention to things forever. You ever read about net neutrality..?

Just wait until the media shift to the next big obsession, and everything will be back to normal.

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