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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

#261

Post by heedlessly2 »

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.

nope, this will all just be a blip. I don't like FB, but they'll bounce back eventually.

FB needs a good rival that its users will flock to, but that doesn't exist. Twitter is filled with spambots and is more oriented towards a public experience. Snapchat is geared towards the younger generation and is primarily image/video based.

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

#262

Post by heedlessly2 »

daveFNbuck wrote: post #50
juicy-fruit wrote: post #25

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…

I was recently considering responding to the Facebook recruiter that keeps e-mailing me. Now I'm back to a definite no. These things start with people who are more on the fence.

there's a big difference between getting FB recruiter message and actually getting an offer.

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

#263

Post by brailsafe »

Torwald wrote: post #249
Terr_ wrote: post #130

Earlier quoted context omitted.

> 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…

This comment coupled with your original is a fine explanation.

As an adjacent point, I think the same reasoning can be applied to professional-cultural disparities in general. Such as my gradual distancing from swathes of career software developers in that I'm no longer able to construct a scenario where I wouldn't care about things like well-being, culture, why and what I'm putting out into the world.

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

#265

Post by brandmeyer »

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.

This is just another form of digital restrictions management (aka DRM). I think you'll find that most of the engineers that are opposed in principle to the gov-tech surveillance complex are also opposed in principle to DRM.

It is at least possible to build an open-source distributed social networking application that gives you most of the features you described, and in particular, will make it impractical to vacuum up whole social network graphs.

But at some point, ordinary netizens are going to have to learn some basic information theory. Just as commando clubbing is going to lead to some paparazzi getting vagina pics, nude selfies are going to get out beyond your ability to control.

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

#266

Post by benbristow »

jlebrech wrote: post #248
therein wrote: post #231

Earlier quoted context omitted.

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.

They have. It's called Skype

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

#267

Post by jlebrech »

benbristow wrote: post #266
jlebrech wrote: post #248

Earlier quoted context omitted.

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

They have. It's called Skype

and it really sucks. just wipe the slate clean with the user base and an msn message relaunch would be very popular.

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

#268

Post by btilly »

MarkMc wrote: post #203
btilly wrote: post #131

Earlier quoted context omitted.

Facebook's network effect is extremely strong... Network effects are not as strong as you might think. Multiple lines of evidence point to it being O(n log(n)) in general. See https://spectrum.ieee.org/computing/networks/metcalfes-law-i... for details. The log(n) factor does work in Facebook's favor against newcomers. It is a barrier to entry. However it is a barrier to entry that can be overcome with a better user e…

> My desired experience is that I want to see what my friends have to say, and don't want to see random commercial spam. Have you tried Facebook recently? These days 90% of my feed is posts from my friends.

Not very much. I thought that my feed is better because I blocked everything, and then have been careful about not liking things.

However my other complaint remains. Clicking on my main feed, then clicking on a random friend, I'm not seeing most of what that friend posts in my feed.

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

#269

Post by DonaldFoss »

chrischen wrote: post #68
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.

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…

Don't discount Warren Buffet's mantra. When people are scared, he buys. When stockholders feel great, he sells. So fear=buy if fundamentals are good, exhuburence = sell and make profit.

--Donald

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

#270

Post by wizardforhire »

loup-vaillant wrote: post #225
reitanqild wrote: post #214

Earlier quoted context omitted.

> 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.

Looks like wizardforhire was talking about something like distributed encrypted backups. The simple version is, others store your stuff for you (and you store theirs), but they can't read it, because only you have the key. Add to that a way to authorise people to decrypt your stuff (and, ideally, ways to revoke those rights), and you get the the whole thing.

This is exactly what I was attempting to convey.
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