This is so misdirected...
We need transparency, not this.
How is there not some sort of regulation to allow me to opt-out or configure these algorithms that target me for ads of curated content?
It's my f*cking data!
FTC Sues Facebook for Illegal Monopolization
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Re: FTC Sues Facebook for Illegal Monopolization
#72Facebook.com. has such a shitty user experience, I'm I the only one surprised it still has so many MAUs?
(This comment has nothing to do with Whatsapp and Instagram, just Facebook web)
Re: FTC Sues Facebook for Illegal Monopolization
#73Key line: > The FTC is seeking a permanent injunction in federal court that could, among other things: require divestitures of assets, including Instagram and WhatsApp
Splitting those two properties off would be fantastic. I know it's a pipe dream, but an independent Oculus would make me so happy. I suspect this is impossible due to the early nature of the VR market. Maybe just an FTC requirement _not_ to require a FB login?
> I know it's a pipe dream, but an independent Oculus would make me so happy
While that would cool for short-term, independent Oculus can stagnate. VR still needs many more billions to be truly usable, and I don't think independent company will be able to fund it.
Re: FTC Sues Facebook for Illegal Monopolization
#74Earlier quoted context omitted.
Splitting those two properties off would be fantastic. I know it's a pipe dream, but an independent Oculus would make me so happy. I suspect this is impossible due to the early nature of the VR market. Maybe just an FTC requirement _not_ to require a FB login?
Ugh, yeah Facebook probably bought Oculus thinking: -What if a lot of people use these in the future -What if they're really comfy when they get slim, and people use them all the time, even for essentially web browsing. -Later models can easily have internal and mouth facing cameras so you can smile at people in VR -Let's intimately observe the finest twitch of every expression felt by our users, peering deep into th…
I'm getting down votes here, does anyone really think Facebook wouldn't do this?
Re: FTC Sues Facebook for Illegal Monopolization
#75When Facebook first went public, an older relative asked me if he should invest in Facebook. My only insight was being an internet user at the time and I said no, there was no reason that Facebook wouldn’t be another MySpace. Facebook's only value was their users and users were historically very finicky and moved around platforms at will. I argued that Facebook would make no money and wouldn’t be around in a couple o…
lol should have consulted me. been bullish on long on FB since the $30s . Facebook was greatly profitable from the start. Fakebook's ad platform is a money-printing machine, similar to that of Google. Buying Instagram sealed the deal, killing its potentially biggest competitor.
>lol should have consulted me. been bullish on long on FB since the $30s .
Yeah that means absolutely nothing, you could have made 10x more bad trades in the same time. I'll "ask you" as you say when you have a proven strategy, not a simple lucky call.
Re: FTC Sues Facebook for Illegal Monopolization
#76How would splitting Instagram work from a technical perspective? Engineers have spent 8 years building shared code and data centers for FB and IG. I'd expect it would take hundreds of people and multiple years to untangle them.
Re: FTC Sues Facebook for Illegal Monopolization
#77Monopoly of what? Some other social networks I use every day or so: Twitter, LinkedIn, TikTok and various forums and communities like this one, which in my mind are pretty similar to a social network. And since WhatsApp is a chat app, how about all the other chat apps I am using? iMessage, Slack, Teams. Does this action has any merit or is it just the usual political posturing and games?
A monopoly over your personal relationships, I suppose.
Twitter, TikTok, and HN all thrive on strangers communicating with each other.
Re: FTC Sues Facebook for Illegal Monopolization
#78Monopoly of what? Some other social networks I use every day or so: Twitter, LinkedIn, TikTok and various forums and communities like this one, which in my mind are pretty similar to a social network. And since WhatsApp is a chat app, how about all the other chat apps I am using? iMessage, Slack, Teams. Does this action has any merit or is it just the usual political posturing and games?
> iMessage, Slack, Teams These don’t really compete with WhatsApp, which is cross platform, not tied to an employer, doesn’t require an invitation, subscription, friend network, setup to use, among other things.
No, they do compete with WhatsApp, on the basis of those points of differentiation.
Re: FTC Sues Facebook for Illegal Monopolization
#79Earlier quoted context omitted.
Seems unlikely to me unless you think your children are going to be using computers with flat screens on walls like we do today.
VR isn't a thing, and won't be. Just like 3d TVs. Nobody outside of tech cares about it.
Re: FTC Sues Facebook for Illegal Monopolization
#80Monopoly of what? Some other social networks I use every day or so: Twitter, LinkedIn, TikTok and various forums and communities like this one, which in my mind are pretty similar to a social network. And since WhatsApp is a chat app, how about all the other chat apps I am using? iMessage, Slack, Teams. Does this action has any merit or is it just the usual political posturing and games?
> iMessage, Slack, Teams These don’t really compete with WhatsApp, which is cross platform, not tied to an employer, doesn’t require an invitation, subscription, friend network, setup to use, among other things.
Yet they can do so very easily at the flip of a button, so to speak. The capability exists, and simply because potential competitors choose to not compete in the same space is what makes WhatsApp a monopoly?
See Skype, for example - the largest market penetration for a period of time and practically no one uses them any more. They were video-centric, yet the user base is already there for an extension into a primarily text medium. Not tied to an employer, doesn't require an invitation, subscription, friend network, setup to use, etc...