Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Facebook shares shoot up after strong Q4 earnings despite data breach

techcrunch.com

Post reply on HN
Print view View original

61–70 of 228 posts

Re: Facebook shares shoot up after strong Q4 earnings despite data breach

#61

Post by giancarlostoro »

adpirz wrote: post #12

It’s hard not to look at this performance and take away from it that most people really don’t care about privacy. As upsetting as the thought may be to some, Mark’s hypothesis that privacy is no longer a social norm we value seems to be proven more and more right. Despite all the scandals and hearings, their DAU are more than the population of the largest countries on Earth. Short of serious legislation, what slows t…

Its not that they dont care about privacy a number of people do as others have said their bedroom windows likely have curtains. They likely close their bathroom / bedroom doors for privacy.

The issue is they either dont truly understand the technical implications or they have already been so invested into Facebook personally and with no alternative to migrate to in sight (they bought Intagram which could of been one) they have no recourse currently. I hear it all the time here about events being vital or just connecting with family.

Re: Facebook shares shoot up after strong Q4 earnings despite data breach

#62

Post by randomsearch »

zepearl wrote: post #21
chollida1 wrote: post #14

Earlier quoted context omitted.

Yes, I assume its correct, though to be clear, I have absolutely no way to validate it. This quote from an analyst is one reason why I believe the user numbers. > "It's hard to get people to stop using something they love. People love using these products, and there's these massive attacks that news outlets continue to heap on them, but consumers like these platforms and advertisers follow eyeballs. Most of Facebook'…

Thx In the meanwhile I found this (2015) about MAU: https://www.adweek.com/digital/monthly-active-users-definiti... >>We define a monthly active user as a registered Facebook user who logged in and visited Facebook through our website or a mobile device, or used our Messenger app (and is also a registered Facebook user), in the last 30 days as of the date of measurement. I suppose that DAU is the same, but of course…

Does that DAU include pages, business etc? So a single user could be double or triple counted?

Do we know what percentage of this could be from bots or other third party software?

I’d love to see independent polling via street surveys in a few countries to test their numbers.

Re: Facebook shares shoot up after strong Q4 earnings despite data breach

#63

Post by mjfl »

djsumdog wrote: post #48

Facebook is the only way a lot of people have to contact one another. I feel like only celebrities deleted FB accounts during the whole #DeleteFacebook thing. Furthermore, I think a lot of that campaign (and be honest, it was not organic. It was a purposeful campaign by news and media giants in an attempt to show they still dominated the minds of people in the world) was a battle of the old rich vs the nouveau riche…

> I feel like only celebrities deleted FB accounts during the whole #DeleteFacebook thing.

and after they deleted facebook, they went on their Instagrams.

Re: Facebook shares shoot up after strong Q4 earnings despite data breach

#64

Post by dymk »

randomsearch wrote: post #55

Or... Zuckerberg is lying. You certainly can’t treat anything he says as ground truth - you need independent figures.

You honestly think that Facebook is lying to investors about key metrics?

Do you know how much of a field day of litigation the SEC would have if that were true?

Re: Facebook shares shoot up after strong Q4 earnings despite data breach

#65

Post by yoz-y »

randomsearch wrote: post #57
chollida1 wrote: post #14

Earlier quoted context omitted.

Yes, I assume its correct, though to be clear, I have absolutely no way to validate it. This quote from an analyst is one reason why I believe the user numbers. > "It's hard to get people to stop using something they love. People love using these products, and there's these massive attacks that news outlets continue to heap on them, but consumers like these platforms and advertisers follow eyeballs. Most of Facebook'…

That analyst seems behind the times at best. I can’t remember when I last heard a person say “I love facebook.” Plenty saying “I hate it” though. Maybe he was alluding to “are addicted to” or “are manipulated into using?” People don’t use Facebook because they love it. They resent it and but use it, mostly. Which makes me think it’s headed for a steep decline.

I think a lot of people do love it. Not the company, of course, but many find the service it provides invaluable. Same goes to WeChat for example, I know quite some people who can't give it enough praise and it is arguably a worse offender than Facebook in all conceivable aspects.

Re: Facebook shares shoot up after strong Q4 earnings despite data breach

#66

Post by rock_hard »

giancarlostoro wrote: post #61
adpirz wrote: post #12

It’s hard not to look at this performance and take away from it that most people really don’t care about privacy. As upsetting as the thought may be to some, Mark’s hypothesis that privacy is no longer a social norm we value seems to be proven more and more right. Despite all the scandals and hearings, their DAU are more than the population of the largest countries on Earth. Short of serious legislation, what slows t…

Its not that they dont care about privacy a number of people do as others have said their bedroom windows likely have curtains. They likely close their bathroom / bedroom doors for privacy. The issue is they either dont truly understand the technical implications or they have already been so invested into Facebook personally and with no alternative to migrate to in sight (they bought Intagram which could of been one)…

Starting from a point of view that people are dumb never lead to great results!

But it’s of course a easy way to defend ones point of view :)

Re: Facebook shares shoot up after strong Q4 earnings despite data breach

#67

Post by huac »

dymk wrote: post #64
randomsearch wrote: post #55

Or... Zuckerberg is lying. You certainly can’t treat anything he says as ground truth - you need independent figures.

You honestly think that Facebook is lying to investors about key metrics? Do you know how much of a field day of litigation the SEC would have if that were true?

they've lied about metrics before: https://www.theverge.com/2018/10/17/17989712/facebook-inaccu...

Re: Facebook shares shoot up after strong Q4 earnings despite data breach

#68

Post by dymk »

nerdface wrote: post #53
Panini_Jones wrote: post #32

Earlier quoted context omitted.

.. Are you serious?

Do you not look at facts backed by data? The whole market is up as of today. Heck, read the news: https://www.wsj.com/articles/global-stocks-waver-ahead-of-th... The stock increase is not unique to Facebook today. ALL major tech stocks are up today.

The NYSE composite index is up by 1%. DOW by 2%. NASDAQ by 2%.

Facebook is up 4% in-hours, and 12% in after-hours trading.

Do you look at facts backed by data? FB is beating the market with a whip.

Re: Facebook shares shoot up after strong Q4 earnings despite data breach

#69

Post by Barrin92 »

malvosenior wrote: post #42
Barrin92 wrote: post #35

Earlier quoted context omitted.

There is research being done on targeted advertisement, and apart from the obvious effect of altering your behaviour and your attention, there has been research shown that it can go as far as changing self-perception.[1] So to claim that there is no downside to targeted marketing is simply false. We have very little understanding what sort of effects it has on consumers, and as far as we know they're not all good. Th…

What are you claiming the downside to targeted advertising is? A change in self perception from a single (dubious) study doesn't suggest negative effects. Why do I say the study was dubious? They showed a small number of undergraduates a luxury watch ad and told them it was being shown to them based on their behavior. Those participants then rated themselves more sophisticated. Of course if someone frames it like tha…

>Those participants then rated themselves more sophisticated. Of course if someone frames it like that they would say they were sophisticated. What is the negative there?

An altered self image as the result of merely staring at a luxury watch advertisement is more than a little conncering. If psychological self assessment changes even in the context of a small study, what do hours of this stuff per day do to the human brain?

the precautionary principle implies that we don't run an unsupervised experiment on the psyche of two billion people on the planet which primarily serves the purpose of distributing money to facebook.

Re: Facebook shares shoot up after strong Q4 earnings despite data breach

#70

Post by eanzenberg »

pavlov wrote: post #44

Facebook is a weird mass-market product because the average American tech industry pundit has very little visibility into how it’s actually used around the world. Take Facebook Watch. Ask a journalist or HN commenter, and they’ll tell you that it’s a content wasteland, a flop, a waste of investment. Here’s what Zuckerberg said about Watch on the earnings call: "There are now 400 million people who use it every month,…

I was super impressed on the recommendations from FB watch where I just kept it auto-playing the next and the next video. Their tech isn't as good, their videos are choppier than youtube and netflix, but their recommendations were insanely good.
Post reply on HN