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Meta shares drop 20% on Q4 earnings miss, weak outlook

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Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#541

Post by skinnymuch »

netheril96 wrote: post #450
skinnymuch wrote: post #406

Earlier quoted context omitted.

My bad! I meant any exposure outside of mainland China. However it appears as if Alibaba Cloud may have almost none either. I also did not know Tencent cloud was in double digit Chinese market share now. So yeah, incorrect there. On the whole, Facebook is the one web giant across the world that does not do cloud computing at all or much enterprise.

Both Alibaba and Tencent cloud have presence outside mainland China. Hong Kong and the south east Asia most, but also in the Silicon Valley. You haven’t heard of that because they are not that successful in the US.

Ah interesting. I was trying to find market shares outside mainland China, but couldn't in my quick searching. I'll try looking again later.

Yeah, I've heard of trying ovh [cloud]. That's the only non-American company's cloud I've heard about trying. Oracle and one another, maybe IBM?, are the only non-big three clouds I've ever looked at. Mostly because of their better free tiers and/or healthy free credits.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#542

Post by env123 »

tekknik wrote: post #539
ryan_lane wrote: post #427

Earlier quoted context omitted.

I eventually had to delete my Facebook, but I also did what the parent said, but my feed was primarily suggested content, which was mostly videos, and occasionally it would throw in Fox news, or one of the alt-right shills. I think this content is driven by who you're connected to, and I think it ignores your mutes. I have a lot of friends and family in Louisiana. I've lost friends to QAnon. So, yeah, if we're going…

Fox news is alt right now?

Commenter mentioned "...throw in Fox news, or one of the alt-right shills". Not "...throw in Fox news, one of the alt-right shills"

Comprehension 101

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#543

Post by tekknik »

env123 wrote: post #542
tekknik wrote: post #539

Earlier quoted context omitted.

Fox news is alt right now?

Commenter mentioned "...throw in Fox news, or one of the alt-right shills". Not "...throw in Fox news, one of the alt-right shills" Comprehension 101

Word association 101. You place a word that close to another word most readers associate them, which is what they’re trying to achieve here. Take some psych classes?

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#544

Post by sedatk »

nikolay wrote: post #538
sedatk wrote: post #390

Earlier quoted context omitted.

No, I don't think that. I didn't even mention that.

Exactly my point. Gimmicks get old. A gimmick you need to wear on your head gets old even faster.

VR hasn't even caught on to start getting old. It's still at its very early stages. We have yet to see the best of it.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#545

Post by rcpt »

rdtwo wrote: post #511
zepto wrote: post #505

Earlier quoted context omitted.

Both companies have to keep evolving to stay relevant, yes. One is declining and reviled, and the other is growing and seen as fun. That’s the only difference.

But one sits on a mountain of cash and the other on just a hill

Full support of the PRC is more than a "hill"

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#546

Post by nikolay »

sedatk wrote: post #544
nikolay wrote: post #538

Earlier quoted context omitted.

Exactly my point. Gimmicks get old. A gimmick you need to wear on your head gets old even faster.

VR hasn't even caught on to start getting old. It's still at its very early stages. We have yet to see the best of it.

I use my son as a sounding board on many things and it's been working pretty successfully for me. He was HIGHLY interested in VR, I got him an Oculus, and a bunch of other headsets before that, he went to play with Microsoft's at their stores, but today he has absolutely no interest - neither of his friends is into it either, none of the multitudes of sources he follows are interested either! You keep trying to abuse a corpse! I just cannot imagine a psychologically sane adult who would put on a headset and become an infantile avatar in a virtual world. It's sickening on any level! It's like the 3D movies which nobody cares about now! Gimmicks are always temporary.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#547

Post by codingkev »

ElectronShak wrote: post #63
codingkev wrote: post #22

Earlier quoted context omitted.

Facebook is dying slowly in the developed world, that is true. However it is still growing in emerging markets. And most importantly: FB is still generating tons of cash to fund the other assets. WhatsApp has basically zero monetization right now but billions of users. Huge potential cash cow. Instagram still has a ton of potential for further optimized monetization. Think fully embedded 1-click buying for things lik…

I feel like if instagram were to be driven further in the monetisation direction, we would no-longer have instagram, so someone else could innovate around photos, and take the still photo market. I feel like instagram is no longer an actual photo sharing app, just a place where high profile users promote stuff to their followers.

The last paragraph hits hard, very true.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#548

Post by lhorie »

zepto wrote: post #534
aierou wrote: post #528

Earlier quoted context omitted.

No. These problems would certainly exist even if Facebook never did. Like I said, Facebook could be dismantled by regulators today. It won't do anything. Do you think Facebook or other social media are the main contributors to the acceleration of those things? Why?

Ok, so you deny that Facebook contributes to any problems. Understood. Can you explain why your account was created in 2014 but was only activated 9 months ago to begin defending Facebook?

I've no horse in the game, but it sounds like you have a pet hatred towards Facebook, to the extent that you don't seem to realize that there's a difference between "facebook was used as a tool in an undesirable way by people with ill intent" (similar to how Parler was used by a specific segment of the voter base around the last US presidential election) vs the much more farfetched "facebook employees deliberately rigged the system somehow to promote violence in myanman and anyone that could be remotely perceived to be siding with FB must be shilling for it" conspiracy theory. It's an entirely reasonable position to shake one's head at the media's portrayal of a political instability through a interwebz-colored lens, but also dislike what did happen in the FB platform as a result of the simple fact that people involved in the conflict happen to use the internet.

The point your parent poster is making is that sensationalism and the easily outraged tend to ignore the nuance between unintended butterfly effect consequences that are hard to prevent vs deliberate malice by the company itself for its own profit.

It's a good idea to reflect a bit on hatred to see if it's really warranted. It's very easy to think "oh look at all these negative things I heard, facebook should shut down". What's hard is to realize that what you read online and your mental categorization of things doesn't always neatly mirror reality accurately. Nobody thinks we should ban chocolate on the grounds that violent people eat it and the rest of us would still have food even if chocolate was gone; we only get molded to think this way about things like Facebook because of media narratives.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#549

Post by ryan_lane »

tekknik wrote: post #539
ryan_lane wrote: post #427

Earlier quoted context omitted.

I eventually had to delete my Facebook, but I also did what the parent said, but my feed was primarily suggested content, which was mostly videos, and occasionally it would throw in Fox news, or one of the alt-right shills. I think this content is driven by who you're connected to, and I think it ignores your mutes. I have a lot of friends and family in Louisiana. I've lost friends to QAnon. So, yeah, if we're going…

Fox news is alt right now?

Most of the network, no, and I wasn't insinuating that. Carl Tuckerson is very much alt-right. His program is white power hour.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#550

Post by pg_1234 »

omot wrote: post #169

This is from Mark Zuckerberg's post. I think it's a decent explanation of their performance. Historically Facebook always made these longer-term bets and they've typically paid off. "Before I get to that, I want to briefly touch on our Q4 results, which I know Sheryl and Dave are going to go deeper on. I'm proud of the work our teams did here. We shipped products, our community continued to grow, and businesses of al…

Wooooooohooooooo facebook a all the corrupt exploitative shit it represents takes a hit!
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