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

business.financialpost.com

251–260 of 282 posts

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

#251
post #162

Earlier quoted context omitted.

>"I'm buying FB call options." In other words you're anticipating the share price to decline further. This sort of supports the OPs first assertion.

You may be thinking of put options. Buying calls is a bullish position.

No I understand how derivatives work. Why bother with options at all if you are so confident it is going back up? Why not pay the spot price if you are that confident it is currently undervalued?

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

#252
post #105

Earlier quoted context omitted.

I think Telegram will have its own big scandal in the next few years

What makes you say so? I fell Whatsapp will hit a scandal first.

That's a non-sequitur.

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

#253

Earlier quoted context omitted.

Good luck. Telegram is owned by Russians.

The founder (Durov) is a Russian in exile, fighting Putin's attempts to control the encryption keys. Secret chats are not affected, but cloud chats would be. Durov has stated he would rather see Telegram banned in Russia than give in, but the world will know in 2 weeks. https://www.bloomberg.com/news/articles/2018-03-20/telegram-...

He's not "in exile", it was bluff/PR piece. He regularly visits St-Petersburg, and the main development office was also in St-Petersburg as of a year back right next door to the Vkontakte one.

Durov is a very shady person, I wouldn't trust him with anything that you may want to keep private. Check out how a story by ex-employee of his [1], it gives a lot of backstage info.

[1] https://medium.com/@anton.rozenberg/pavel-durov-sued-senior-...

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

#255

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.

> Ironically, the calls for regulation might actually end up helping Facebook in the end as they will make the barriers to entry higher.

The barrier will only be higher for potential services that want to avoid those regulations. If the market moves in a 'wants more privacy' direction, barrier to entry shouldn't be a problem.

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

#256
I hope they continue to lose money. That's a pretty negative feeling to have towards a business for me too. However, they started harvesting text and call info back in 2006; that is about the time I first started looking into anything technology related. I thought fb was terrific as it grew and helped enable more connectivity. Now that it has been shown to be true tho, the invasion of privacy is absolutely ludicrous.

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

#257
post #185

Earlier quoted context omitted.

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

To me what changed with Facebook was that the local address book that I had on my phone became a tree in a central graph owned by a company and I was fine giving out that information. Today who could muster up the trust needed for me to let them know about everyone I know? I think no such company exists or ever will. I have no social internet accounts left except for this one. I even recently deleted my Linkedin acco…

I’ve never had a LinkedIn account (and have got myself into some sort of internal blacklist) and I’ve never felt disadvantaged career-wise or even been asked if I have an account.

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

#259
post #197

Earlier quoted context omitted.

I'm replying to the dead comment. The Facebook site is evil and should be destroyed because of 2 reasons, in my opinion. Firstly, the news feed is solely designed to get you to stay on the site for longer. And what that means is you get an echo chamber. So, idiot people get idiot posts that agree with them. It's not just a problem on one side of the political spectrum, it's a problem for any extreme view. Anti-vaxxer…

Do we have to throw the baby out with the bathwater? We can have regulation that bans the use personal information for political ads but allows it for toothpaste ads

I hope so. My concern is that it is hard to define what a political ad is sometimes. For example, if you have an ad that claims that some specific ethnic group gets food stamps more than another, is that a political ad? Because those are the kinds of ads that Russia was buying.

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

#260
post #200

Earlier quoted context omitted.

They have over two billion monthly active users - not sure the DAU stat, but hundreds of millions would not surprise me.

Not sure why you were downvoted. Their daily user count is 1.4 billion: https://www.statista.com/statistics/346167/facebook-global-d...

I think I was downvoted because this has become some sort of tribal identity issue.
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