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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

#271

Post by kin »

anaptdemise wrote: post #192
kin wrote: post #55

I genuinely believe that advertisers are only pulling out because it's the PR thing to do. There are many other companies that would love to take advantage of a less competitive bid for Facebook ad space and I have no doubt they will be taking advantage of it and will continue to spend boats of money on Facebook.

Two of the largest advertisers don’t think Facebook ads are effective. The latest, P&G, specifically call out how narrow targeting is ineffective. > After cutting back on certain digital ads, “we didn’t see a reduction in the growth rate,” said Mr. Moeller during the call. “What that tells me is that the spending we cut was largely ineffective.” https://www.wsj.com/articles/SB10001424052702304192704577406... https://…

Yeah I'm not surprised. It's really hard to track how any online advertising leads to B&M purchases. On the flip side, I have no doubt online retailers thrive with Faceboook ads.

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

#272

Post by wizardforhire »

brandmeyer wrote: post #265
wizardforhire wrote: post #202

Earlier quoted context omitted.

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…

Fair enough. I hate drm also.

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

#273

Post by unreal37 »

dennisgorelik wrote: post #219
bigtones wrote: post #178

Shares in Facebook did not fall on Monday - they were up 0.45% at market close.

FB +0.45% S&P +2.72% That means FB is still falling relative to the overall market trend.

Falling upwards?

Words having meanings! Let's just use words that mean what they mean. Facebook did not "LOSE" $100B, and the stock is not "falling".

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

#274

Post by mygo »

FullyFunctional wrote: post #190
mygo wrote: post #181

Earlier quoted context omitted.

LinkedIn is not a competitor to Facebook. Why? Context. When you go on facebook you’re in a social state of mind. When you go on LinkedIn you’re in a formal / business state of mind. It’s a glorified resume and socially conservative af. That fact alone means that, even if LinkedIn has the same exact user base as facebook, we are not going to use LinkedIn like we do facebook. Facebook profits off of our attention and…

So, HN then? (I'm only half-kidding. I have an unhealthy addiction to HN)

I deleted my facebook and use HN more. So technically yes, at least for me. I wonder how many other people who frequent HN have either done away completely with facebook or give it less attention than a control group

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

#275

Post by odorousrex »

adventured wrote: post #242
kromem wrote: post #210

Earlier quoted context omitted.

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 techn…

E-mail has been going pretty strong for 20+ years now and it is still very decentralized (Even with big players like Gmail in the game).

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

#276

Post by ascorbic »

gldalmaso wrote: post #247
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.

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…

Whether or not a WhatsApp user is more valuable to them than a FB one, there's no way you can call it serious competition if they own it.

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

#277

Post by posterboy »

odorousrex wrote: post #275
adventured wrote: post #242

Earlier quoted context omitted.

> 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 techn…

E-mail has been going pretty strong for 20+ years now and it is still very decentralized (Even with big players like Gmail in the game).

There are two or three hubs between Europe and America, terminating the big under sea cables and a few internet backbones. It's not as if you had point connections to every IP. Rather, you go through one single IP to your provider in the general case. Somehow "decentral" lacks a proper graph theoretic definition.

By the way, the sun is decentralized, its center of gravity does not coincide with the galaxy's center of gravity!

Good comment anyway. I didn't even think of e-mail.

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

#278

Post by goalieca »

rurban wrote: post #239
goalieca wrote: post #34

Earlier quoted context omitted.

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 lat…

There's subtle exploits out there that efficiently manage to Hot-mic a phone and still use less battery than facebook.

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

#279

Post by Antifragile1 »

Bajeezus wrote: post #28
otalp wrote: post #9

Earlier quoted context omitted.

It's not like Google is a privacy haven for people who care about that sort of thing.

Google has a much better public profile than Facebook. In the eyes of the public, Facebook is a good deal more "evil" than Google.

I guess people who dont understand Google and Facebook might think so. Anyone who is smart enough and informed, I dont think so.

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

#280

Post by mmcnl »

chrischen wrote: post #74
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.

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

The rest of the world does.
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