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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

#241

Post by HenryBemis »

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.

Regarding the stock price -exactly just because I am 'shorting 'it- (betting that it will drop for the non-traders), it is now a good 'BUY' opportunity. If FB gets serious about putting their ducks in order, they will end up even better than before.

And I hope they do so, so that others can also learn that honesty and ethics DO pay in life.

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

#242

Post by adventured »

kromem wrote: post #210
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.

You're right - it's going to bounce back. But don't hold on to those shares for too long. The mesh/decentralized/p2p networking movement is really interesting, and given the ever increasing power of user devices, the balance for a shift to those models is compelling. There are huge existing challenges, but I'm seeing really smart ideas in the space, and I think it's only a matter of years before we start to see mains…

> The mesh/decentralized/p2p networking movement is really interesting

There isn't a single lasting mass consumer adoption example of decentralized anything in the modern history of technology (eg post WW2). That's due to a rigid reason: human nature. It's not going to change.

The only thing that will change here, is privacy laws will force behavior changes on centralized platforms.

I can name dozens of massive technology & platform adoptions by consumers, every single one of them is centralized. Now, name the dozens of vast decentralized examples... crickets.

Decentralized as a mass consumer adoption thing will perpetually be fantasy. Only (some) tech people want it.

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

#243

Post by cies »

tilertex wrote: post #227
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.

There's a reason Mark Zuckerberg himself came out and said he's "actually not sure we shouldn't be regulated" and it's not because he has genuine concerns about his users privacy. It's because regulation increases the barrier to entry. It means less chance of some college students starting an app that can dethrone Facebook.

> and it's not because he has genuine concerns about his users privacy.

yups. FB users are to FB, what cows are to milk farms. main difference is that FB users are free to go, and cows are in some sort of bonded labour/slavery construction, although it is not commonly called that way.

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

#244

Post by Dowwie »

Change isn't coming. Sorry.

Trump's victory signaled a social media gold-rush for political campaigns. 2018 is a major election year in American politics. You can bet that campaigns are evaluating and signing onto social media related efforts. To meet this demand, as Cambridge Analytica buckles, others will take it place. The people who benefit by these services are those who make the laws. While legislators benefit by social media targeted services, there won't be a political will sufficient to pass a law that will slay the goose laying golden eggs.

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

#245

Post by odiroot »

hungryfoolish wrote: post #212
ngsayjoe wrote: post #75

Earlier quoted context omitted.

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

Good luck. Telegram is owned by Russians.

This Russian shtick is really getting tiring now. It's bordering on xenophobia and Mccarthyism.

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

#247

Post by gldalmaso »

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.

At least in Brazil I think there is serious competition in the form of WhatsApp. It allows plenty of the things that FB initially brought to the table in the form of family, friend and work groups where people actually share their personal stuff now, while in FB people just mostly show off some generic things and share news articles in their bubble. I would say WhatsApp right now is a lot more social than FB is. When you meet someone new you ask them for their WhatsApp number, not to add them to FB.

Sure FB owns WhatsApp but I don't think they can leverage it financially nearly as much. If ads start to pop up on WhatsApp people will simply flock to different messengers with similar functionality.

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

#248

Post by jlebrech »

therein wrote: post #231
gaius wrote: 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.

It would be a good time for microsoft to re-release MSN Messenger.

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

#249

Post by Torwald »

Terr_ wrote: post #130
Torwald wrote: post #116

Earlier quoted context omitted.

I wouldn't know either. The reason your cite, status in tech, however, could be a real thing. FB was innovative in some areas like infrastructure and PHP. If your career goal is to set yourself up as a PHP guru, some FB credentials could be useful. If you think about it, a guy who wouldn't mind his career being about PHP is exactly the type who wouldn't get why ('zuckerberg-couldn't-get-laid(a-busines-carries-founder…

> If you think about it, a guy who wouldn't mind his career being about PHP is exactly the type who wouldn't get why ('zuckerberg-couldn't-get-laid(a-busines-carries-founder-DNA)). I don't see how the opinion you're promoting here is any more mature than what you're criticizing.

What I am trying to do is to give an explanation to the question posed by the grandparent.

My explanation is relying heavily on a sociological observation. I don't see how that is immature.

Let me put it another way.

People who tend to not to value specific elements of fashion and style, do so for many reasons, one of them being that the subtler elements of these matters elude them. Or if they catch them, the do not pose high value on them.

This is what also predisposes to be comfortable with life choices that completely ignore certain elements of fashion and style. One example of such a life choice would be to make PHP the cornerstone of your career.

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

#250

Post by matte_black »

znpy wrote: post #238
therein wrote: post #231

Earlier quoted context omitted.

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

I honestly miss MSN Messenger. Fond memories.

Maybe even the return of AIM.
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