451–460 of 1001 posts
As for the stock price, it will come back. FB users may be down but FB now owns Instagram and WhatsApp and they haven’t started to monetize them yet. Not to say they have genuinely been trying new technologies with AR/VR and with their stash of cash can buy any startups in AR/VR space. If anything FB is way underpriced IMO.
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Facebook is for old people. Instagram is for moderately old people. Snapchat is for moderately young people. TikTok is for young people.
I've literally never logged in to any one of those. I have to say, I'm kind of proud of that. Occasionally people will send me a link to something and it's on Instagram. Clicking for me give me a Login modal. They make it too easy for me, click.
I went back to my forums, find myself easily disengaging from Reddit (around the election, Reddit was nothing but stress), Check Twitter maybe 10 minutes a week, go to Instagram once a week because my kid posts his artwork there. But in general, ALL of the sticky sites aren’t…sticky anymore. I took 2 weeks off at the worst of it and it did an amazing job of breaking the feedback loop. Facebook tried to take over foru…
reddit used to be great until they pulled their great bait & switch, then added all kinds of authoritarian features. A brief history of reddit: > We want to democratize the traditional model by giving editorial control to the people who use the site, not those who run it. — Reddit FAQ 2005 > We've always benefited from a policy of not censoring content — u/kn0thing 2008 > A bastion of free speech on the World Wide We…
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Trillion dollar tech giants are expected to GROW to justify their valuations. Look at the numbers alphabet and apple posted the last few days. Huge growth. Facebook is not only growing but much worse, shrinking. I’ve been bullish on FB from the ipo date but this seems like the beginning of the end unless the meta verse is out of this world
I've never really understood this MBA mentality because growth must stop at some point. There are only so many humans on earth. The expectation that a company can grow forever is impossible, at least until we find an alien planet with a population willing to sign up for Facebook.
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No. The real reason behind the losses is that TikTok became the number 1 app in the world today, and is directly taking away social engagement time from Instagram and Facebook. Heck, Zuckerberg admitted it himself in a post today: "[...] there are two things that I want to call out that are having an impact on our business. The first is competition. People have a lot of choices for how they want to spend their time a…
Well it’s no longer the in thing, and TikTok is the new kid on the block. In the UK kids think FaceBook is for old people and use Snapchat and TikTok.
As for the stock price, it will come back. FB users may be down but FB now owns Instagram and WhatsApp and they haven’t started to monetize them yet. Not to say they have genuinely been trying new technologies with AR/VR and with their stash of cash can buy any startups in AR/VR space. If anything FB is way underpriced IMO.
WhatsApp is yet to be monetised but doing so is going to be tricky and messy. There are excellent alternatives with the same functionality for free such as Signal that while not a perfect drop in replacement are more than good enough.
If they fuck up WhatsApp they could lose their users very quickly. That’s the trouble with so many messaging platforms. WhatsApp is nothing “special”. I would argue the only “special” service is iMessage due to the exclusivity of iOS although that seems to be more of a US thing than elsewhere.
I think Facebook see they’re in a shit place with WhatsApp which is why they are yet to make any real changes despite owning them for years.
It is the only acquisition they have made that they haven't made any substantial changes to as I honestly think they don't know how to do so and as it is all tied to a persons cell number anyway migration is pretty painless.
People don't need to share a new username with anyone, just blast a message to all their friends with "Hey it's [redacted], I'm using $NewMessageApp now as WhatsApp got all weird with their changes". You get a few people to do that and people happily switch and the network effect takes over.
Most people are using multiple messaging services anyway so it isn't even switching just dropping.
Look at the hell they brought on with their last small change with the privacy policy. You had so much backlash to a small change that they pushed back the deadline and then dropped it altogether.
Imagine actual real monetisation. It would be the end of the service in the blink of an eye.
I deleted my FB a while ago and it truely helped my online mental health. The fb feed was full of false news and hate speech. I reported as much as I could but nothing happening. There wasn't any regulations and I felt more toxic on the contents. I am not gonna lie there was a positive side like knowing the news instantly but It's not worth it apparently.
My FB feed is essentially zero content (500+ friends mostly over 25). It’s an aggregator nowadays of group discussions and primarily page content, even pages I don’t follow. Nobody but boomers use it to share nowadays.
Almost nobody was posting anything, mostly it was shared posts. If it wasn’t for Facebook killing forum and small websites, more people would have left years ago.
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> despite working for them for 4.5 years wow.
Eh, I'd be more surprised/concerned if the Facebook user table had a special flag for whether someone was or ever had been an employee.
People like to hate on Facebook, but how is any other social media different? They are all free services that profit from your personal information. Some just have better PR than the other.
The problem is that there is social media. Facebook is the biggest success, which is why people focus on it. Facebook displaces other forms of communication I prefer to use. I used to use email heavily to communicate with friends. Email was the best format for me, now no one uses it. Everyone is on 12 messaging platforms, Facebook started that trend with messenger. I used to be able to go to business websites and get…
I am thankful to these evil companies. Thanks to them - I spend less time online, try to read more books, appreciate real-life conversations, rely on locals for information and news, and let my mind wander.
Careful not to pull something patting yourself on the back like that.