31–40 of 177 posts
Facebook - Snap, Tiktok, Telegram, Discord, Houseparty (and we still have Twitter, Pinterest, Wechat)
Google - Duckduckgo (really?)
Amazon - Shopify (really?)
Apple - Android (really?)
Earlier quoted context omitted.
Gates is doing PR for himself. I've not seen him say anything relevant about MS in a really long time.
Gates is the richest person in the world. I assure you, he has a team of PR people dedicated to improving his image and the image of the source of his wealth (Microsoft.) The fact that this is downvoted and somehow controversial is proof of their campaign’s effectiveness...it’s how the media works, people.
Out of all of FAANG, which has had new competitors emerge recently (that are potentially huge threats)? Facebook - Snap, Tiktok, Telegram, Discord, Houseparty (and we still have Twitter, Pinterest, Wechat) Google - Duckduckgo (really?) Amazon - Shopify (really?) Apple - Android (really?)
Facebook has been unable to stop new entrants: Pinterest, Snap, Tiktok, Twitter - All global and multi billion dollar companies, and still growing. More to come are: Telegram, Discord, Houseparty, Clubhouse Plus global competition from: Wechat, Weibo, Line Social networks come and go. The space is a lot more whimsical than people think. Remember Friendster, MySpace, AIM. A new challenger will emerge every 3-5 years.
As a simple example, those 'new entrants' (can we really call any of those four new other than TikTok?) are all multi-billion dollar companies, but by quickly cloning the interesting features of those entrants Facebook probably siphoned off as much value from those entrants as they are now worth. In a world without Facebook copying them all four of those companies would have market caps that were at least 2x their current levels.
Earlier quoted context omitted.
Gates is doing PR for himself. I've not seen him say anything relevant about MS in a really long time.
Gates is the richest person in the world. I assure you, he has a team of PR people dedicated to improving his image and the image of the source of his wealth (Microsoft.) The fact that this is downvoted and somehow controversial is proof of their campaign’s effectiveness...it’s how the media works, people.
Earlier quoted context omitted.
Gates is the richest person in the world. I assure you, he has a team of PR people dedicated to improving his image and the image of the source of his wealth (Microsoft.) The fact that this is downvoted and somehow controversial is proof of their campaign’s effectiveness...it’s how the media works, people.
It is not 'how the media works' or any sort of proof of a PR campaign, it is just wrong. That is why it is being downvoted.
The only way they continue operating is to outsource R&D - buy companies that have proven a new business model or product, or replicate what they've done.
This has been the case since VisiCalc, Wordperfect, Netscape, IBM etc. - is there an alternative for large companies?
Out of all of FAANG, which has had new competitors emerge recently (that are potentially huge threats)? Facebook - Snap, Tiktok, Telegram, Discord, Houseparty (and we still have Twitter, Pinterest, Wechat) Google - Duckduckgo (really?) Amazon - Shopify (really?) Apple - Android (really?)
That's a strawman , having wannabe competitors does not absolve them from their anticompetitive practices. "Facebook" is a web-based social network. They weren't competitors to snap-tiktok-telegram-discord . But then they bought instagram, they bought whatsapp, they built a copycat messenger and used facebook+ig to push it to everyone, they copied snap and pushed it to everyone, they copy slack and push it to everyon…
Earlier quoted context omitted.
That's a strawman , having wannabe competitors does not absolve them from their anticompetitive practices. "Facebook" is a web-based social network. They weren't competitors to snap-tiktok-telegram-discord . But then they bought instagram, they bought whatsapp, they built a copycat messenger and used facebook+ig to push it to everyone, they copied snap and pushed it to everyone, they copy slack and push it to everyon…
Because - all the companies I listed above are now bankrupt and gone?
(plus yes, a lot of those companies would go bankrupt without their VC funding)
So on one hand Facebook is a monopoly and something needs to be done about it. And on the other hand, the only real competitor is Chinese so it needs to be banned. I know my reasoning is not well thought out, but I just find it funny.