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My main takeaway from this is that #deleteFacebook has been a flash in the pan-- their active user count is still increasing across all regions. Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.
It's the same for Google. Might be a weird one-off due to the new tax law.
https://abc.xyz/investor/pdf/2018Q1_alphabet_earnings_releas...
My main takeaway from this is that #deleteFacebook has been a flash in the pan-- their active user count is still increasing across all regions. Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.
Yeah, I may have to eat some crow from an argument the other day with another HN user. Surveys and #deleteFacebook and protests and so forth seemed to indicate that people did finally start getting interested in their own privacy. But no. Somehow, even with a declining youth demographic and widespread reports of less time spent on site and the CA fiasco, they still ended up with a growth of users in all markets. I've…
If post-privacy worked both ways, I'm all for a future like that, it would be a transparency utopia.
My main takeaway from this is that #deleteFacebook has been a flash in the pan-- their active user count is still increasing across all regions. Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.
Yeah, I may have to eat some crow from an argument the other day with another HN user. Surveys and #deleteFacebook and protests and so forth seemed to indicate that people did finally start getting interested in their own privacy. But no. Somehow, even with a declining youth demographic and widespread reports of less time spent on site and the CA fiasco, they still ended up with a growth of users in all markets. I've…
Post-Privacy means no one can get privacy even if they want it. That has never been the case.
What you are merely seeing is people are ok with the amount of data that has been collected on them. The lack of true widespread outrage means we are either at the limit or we can still collect a bit more before users get really pissed.
The median salary package at FB is $240,430[1]. Now I understand how that is possible. 1. http://www.businessinsider.com/facebook-median-pay-240000-20... edit: salary package (salary, bonuses, and stock grants), not salary alone
It's a slightly misleading figure because it includes all the stock grants given in 2017. From the proxy statement: > we calculated as actual salary paid to our employees for 2017 [...], actual bonus or sales commission earned by our employees in 2017, and the value of equity awards granted to our employees in 2017 Specifically, if you joined in 2017 the value of your entire initial stock grant was used. This skews t…
Earlier quoted context omitted.
Yeah, I may have to eat some crow from an argument the other day with another HN user. Surveys and #deleteFacebook and protests and so forth seemed to indicate that people did finally start getting interested in their own privacy. But no. Somehow, even with a declining youth demographic and widespread reports of less time spent on site and the CA fiasco, they still ended up with a growth of users in all markets. I've…
> I've wondered sometimes whether we're headed towards a post-privacy world If post-privacy worked both ways, I'm all for a future like that, it would be a transparency utopia.
My main takeaway from this is that #deleteFacebook has been a flash in the pan-- their active user count is still increasing across all regions. Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.
Maybe most people just don't care all that much about privacy. They just want to share their picture with friends.
My main takeaway from this is that #deleteFacebook has been a flash in the pan-- their active user count is still increasing across all regions. Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.
Meanwhile the worker bees pay 35-50% in income tax and other withholdings between state and federal. That pisses me off so much
Point is, if you are upset, and I'm not trying to say that you shouldn't be, then the focus should be on the difference between tax on income vs capital gains / dividend income.
Earlier quoted context omitted.
> That's a bargain in this market. When this market changes, some of these companies might suffer more than the others. What is going to happen to advertising budgets (practically their only source of revenue) in the next recession? Facebook also faces higher regulatory and reputational risk (in the US and elsewhere) that most of those companies. But of course compared to Netflix it looks incredibly undervalued! Edit…
> What is going to happen to advertising budgets (practically their only source of revenue) in the next recession There's a general theory that advertising is a zero-sum game. In other words, as a percent of GDP it has neither grown or subtracted significantly since it's wide spread use. This effectively means that new media (FB/Google/etc) is simply taking market share away from other disparate providers. If anythin…