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

business.financialpost.com

231–240 of 282 posts

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

#231
post #185

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.

Facebook has no serious competition at the moment The competition is “socialising the pre-Facebook way”

Let me download MSN Messenger. I remember there was a J2ME client for my Nokia 3650.

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

#232

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.

Instagram is a completely different app, usage, and completely different UI/UX from Facebook. Facebook's problems are caused by Facebook (website)'s design, trajectory, and business model. It doesn't have anything to do with inherent evilness in the company itself.

Instagram and Facebook share data; they are two interfaces to the same big pot of profiling data

https://help.instagram.com/833836199971426

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

#233

Earlier quoted context omitted.

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

I don't see many people in the US carrying Android devices. Everyone I see seems to have iPhone. Android is more concentrated in Asian and South American countries IMO.

iOS and Samsung’s U.S. market share is now tied [...] iOS is up 3.7 percentage points year-over-year, to achieve 35 percent market share, while Samsung only grew 0.8 points, reaching a 35.2 percent share [...] Android is still far ahead in the U.S., with a 63.2 percent share to iOS’s 35 percent.

https://techcrunch.com/2017/10/13/ios-and-samsung-market-sha...

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

#234

Earlier quoted context omitted.

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

We non-US people will never understand this, sorry. Instead of staying in a single cross-platform system US people prolonged for other ~5 years the use of SMS that was non existing here for a long time, also paying the highest costs in the world per SMS more or less (AFAIK you used to pay even for receiving), and now are picking OS-specific platforms.

Also true for banking — The prominence of Apple and Android Pay is a direct response to the U.S. banking industries anti-competitive prices and poor adoption of global standards. Broadly speaking, Europe and SEA had contactless EMV chip payments well before the vendor-specific smartphone solutions.

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

#235

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.

When resentment builds against an entrenched company, and a good alternative comes along, the shift can be pretty rapid. The Quark-X-press to Adobe InDesign exodus was particularly fast.

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

#236
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.

While I'm not top talent, and haven't been pursued by Facebook, I've always wondered why anyone would want to be associated with them. Other than as a status symbol in tech. I've never thought of them as anything less than a reprehensible company.

I flirted with it briefly, had a few phone interviews, then realised that there's few things I want to do with my working life less than help to progress facebook.

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

#237

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.

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…

Teenagers already abandoned Facebook long time ago and switched over to Instagram. Same company, but less privacy problems for them.

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

#238
post #185

Earlier quoted context omitted.

Facebook has no serious competition at the moment The competition is “socialising the pre-Facebook way”

Let me download MSN Messenger. I remember there was a J2ME client for my Nokia 3650.

I honestly miss MSN Messenger. Fond memories.

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

#239

Earlier quoted context omitted.

>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…

If facebook’s engineering talent is top tier, then how come I have to recommend to everyone to delete that awful battery draining app.

Because swooping up all mobile audio and transmit it over would be a management decision, certainly not engineering. This is what most likely drains the battery and your data plan. You cannot explain this amount of drainage with CPU only.

Also swooping all kind of privacy data, like call logs, messages, contacts, calendar info is from management. Engineers really know better that this will be found out sooner and later, and then it's the end.

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

#240

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.

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