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Facebook shares shoot up after strong Q4 earnings despite data breach

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

#91

Post by schrodinger »

cm2012 wrote: post #27
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…

Since there's no real life downside to FB using your data to show you more relevant ads, people are making the rational trade-off. Privacy issues with FB are ideology based in nature.

I think you’re mostly right, except there is a downside—it’s just too long term to be an effective feedback loop.

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

#92

Post by yesenadam »

deelowe wrote: post #88
randomsearch wrote: post #80

Earlier quoted context omitted.

I didn’t claim he was lying. I said it was an alternative conclusion. Perhaps to be more generous I should say “exaggerating” or “being selective.” Clearly his interests are aligned with higher stats. Therefore, it makes sense to corroborate those stats with independent data.

> "Or... Zuckerberg is lying." > "I didn’t claim he was lying." Sure seems like you did...

"A"

"..or B"

"You claimed B!"

It seemed to me that he 'claimed' (if you want to use that term) that "A or B". I'm not sure what "A" was exactly, but he pretty clearly didnt just assert "B". Although sure, he did cast aspersions (or something), but he's hardly alone in doing that about his target. It would be novel to hear someone claim Zuckerberg is truthful, or say anything nice about the guy. The word "claim" was the problem here, I think. He may have suggested the possibility that Zuckerberg was lying, but claim that he was?! By what definition? "It's day..or night" "You claimed it's night!"

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

#93

Post by AndrewKemendo »

randomsearch wrote: post #80
bitpush wrote: post #72

Earlier quoted context omitted.

You have every right to be less than impressed with the company and its business model(s), but dont make baseless claims.

I didn’t claim he was lying. I said it was an alternative conclusion. Perhaps to be more generous I should say “exaggerating” or “being selective.” Clearly his interests are aligned with higher stats. Therefore, it makes sense to corroborate those stats with independent data.

Your alternative "poisoned the well"

[1] https://en.wikipedia.org/wiki/Poisoning_the_well

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

#94

Post by dmos62 »

johnfn wrote: post #85
randomsearch wrote: post #80

Earlier quoted context omitted.

I didn’t claim he was lying. I said it was an alternative conclusion. Perhaps to be more generous I should say “exaggerating” or “being selective.” Clearly his interests are aligned with higher stats. Therefore, it makes sense to corroborate those stats with independent data.

Your first sentence was “Or... Zuckerberg is lying.” That is a claim.

The claim was that there's another explanation, not that there's only that other explanation. Why did everyone get their feathers in a bunch over Facebook's integrity?

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

#95

Post by fma »

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…

In the beginning, FB was college students only, then high school... Then everyone.

There was a FB group with a million users protesting the opening up of FB to their moms and grandmas.

Some friends and I created an alternative social network at our university to capitalize. In my opinion it looked better and had more features (before they opened up their API). We were college students only, and had SSL (can you imagine back then sites without SSL?!).

We were at the first techcrunch 50. We were located in "the pit".

We didn't gain much coversge we didn't get traction at our university and well, we flopped.

Pricacy doesn't matter to the average user.

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

#96

Post by mastazi »

yesenadam wrote: post #92
deelowe wrote: post #88

Earlier quoted context omitted.

> "Or... Zuckerberg is lying." > "I didn’t claim he was lying." Sure seems like you did...

"A" "..or B" "You claimed B!" It seemed to me that he 'claimed' (if you want to use that term) that "A or B". I'm not sure what "A" was exactly, but he pretty clearly didnt just assert "B". Although sure, he did cast aspersions (or something), but he's hardly alone in doing that about his target. It would be novel to hear someone claim Zuckerberg is truthful, or say anything nice about the guy. The word "claim" was t…

In my opinion, it depends on GP's level of English language proficiency. If it is at least average, then he did make the claim.

AFAIK "... or B" is a common idiomatic expression used to convey, in a sarcastic tone, the fact that the speaker disagrees with A, and considers B to be true.

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

#97

Post by [deleted] »

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?

[deleted]

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

#98

Post by yesenadam »

mastazi wrote: post #96
yesenadam wrote: post #92

Earlier quoted context omitted.

"A" "..or B" "You claimed B!" It seemed to me that he 'claimed' (if you want to use that term) that "A or B". I'm not sure what "A" was exactly, but he pretty clearly didnt just assert "B". Although sure, he did cast aspersions (or something), but he's hardly alone in doing that about his target. It would be novel to hear someone claim Zuckerberg is truthful, or say anything nice about the guy. The word "claim" was t…

In my opinion, it depends on GP's level of English language proficiency. If it is at least average, then he did make the claim. AFAIK "... or B" is a common idiomatic expression used to convey, in a sarcastic tone, the fact that the speaker disagrees with A, and considers B to be true.

Sure, but saying (or sarcastically hinting) that you believe B (that you 'consider B to be true') is still a different thing from saying ('claiming') that actually B.

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

#99

Post by m0zg »

el_benhameen wrote: post #86
m0zg wrote: post #60

I hope this will pierce the HN anti-FB bubble somewhat. It's dangerous to believe one's own BS. FB is here to stay, although I do believe it will wither in the long term (5+ years).

I think you can be anti-FB while still recognizing that it's a powerful force in the industry and the world. Hell, I'd say that many are anti-FB because it's too powerful a force in the industry and the world.

Anti-FB is not quite the right term. What I meant is folks seem to believe that just because they don't use FB nobody else uses it, and the scandals are about to undo what remains of it. Whereas in the real world, outside the bubble, FB has 2 billion users and it's still growing both in terms of userbase, time spent on FB products, and revenues/profits.

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

#100

Post by el_benhameen »

m0zg wrote: post #99
el_benhameen wrote: post #86

Earlier quoted context omitted.

I think you can be anti-FB while still recognizing that it's a powerful force in the industry and the world. Hell, I'd say that many are anti-FB because it's too powerful a force in the industry and the world.

Anti-FB is not quite the right term. What I meant is folks seem to believe that just because they don't use FB nobody else uses it, and the scandals are about to undo what remains of it. Whereas in the real world, outside the bubble, FB has 2 billion users and it's still growing both in terms of userbase, time spent on FB products, and revenues/profits.

That's fair, and probably the interpretation I should have gone with.
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