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Apple's privacy push cost Meta $10B

economist.com

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Re: Apple's privacy push cost Meta $10B

#161

Post by chillage »

alephnan wrote: post #141
eric4smith wrote: post #91

Lies. Don’t you all see it? Facebook has been declining over the past year and this is a convenient way to blame someone - anyone. Let’s face it, what are your friends all using now? That’s right - video - YouTube and TikTok. Facebook had no answer for video and thus lost a lot of eyeballs. Instagram is a poor clone of TikTok and most people just repost their popular TikTok videos on Instagram reels anyway - hardly a…

This seems like post-hoc confirmation of "I knew it! I told you guys so!" like people who claim a catastrophic recession is around the corner, quarter after next. If you have some special insight that the wider market doesn't and hasn't price in, then the odds and prices are asymmetrically tipped in your favor. As an example, I spent $13,580 shorting Facebook on Wednesday, which I haven't sold but will probably later…

That seems a pretty smart short (in retrospect). I guess you were banking on them releasing concrete numbers on the iOS changes and people panicking from it? Seems really obvious in retrospect and relies on pretty common knowledge so I'm surprised that worked so straightforward. Good job.

Re: Apple's privacy push cost Meta $10B

#162

Post by sporkland »

criddell wrote: post #101
eric4smith wrote: post #91

Lies. Don’t you all see it? Facebook has been declining over the past year and this is a convenient way to blame someone - anyone. Let’s face it, what are your friends all using now? That’s right - video - YouTube and TikTok. Facebook had no answer for video and thus lost a lot of eyeballs. Instagram is a poor clone of TikTok and most people just repost their popular TikTok videos on Instagram reels anyway - hardly a…

If this isn't a lie and Apple flipping that switch cost Facebook $10bn, then that tells me my personal information is worth a lot. What I was getting from Facebook in exchange for my data was too little. I use Google a lot more than Facebook and frankly what I get from them in exchange for my data is probably also way too little. I wish there was some type of consumer union where we could negotiate with these compani…

$10B per year divided by say 150M users equals about $5.50 a month. Not bad, but not gonna cover your $20 Netflix fees.

Re: Apple's privacy push cost Meta $10B

#163

Post by ChildOfChaos »

eric4smith wrote: post #91

Lies. Don’t you all see it? Facebook has been declining over the past year and this is a convenient way to blame someone - anyone. Let’s face it, what are your friends all using now? That’s right - video - YouTube and TikTok. Facebook had no answer for video and thus lost a lot of eyeballs. Instagram is a poor clone of TikTok and most people just repost their popular TikTok videos on Instagram reels anyway - hardly a…

"Don’t you notice every one of your favorite content creators@

NO! Because I don't care about stupid content creators.

Facebook was never really about content creators, youtube and tiktok are all about that. It's a different thing. Not that I am a Facebook fan either but yes eyeballs are going to youtube and tiktok and other content creators but it's a different business and that is why Facebook is stuck versus these.

Re: Apple's privacy push cost Meta $10B

#165

Post by rgbrenner »

sporkland wrote: post #152
rgbrenner wrote: post #99

Earlier quoted context omitted.

It's the same thing the marvelverse is... a way of referring to all of facebook's products. They're just trying to generate some hype and make their products look more forward thinking.. even though they're exactly the same as always.

Metaverse is a concept originally popularized by Neal Stephenson in his book snowcrash. It's an online VR based world that is very cool and fun and most people spend there times there instead of the real world.

It's a concept originally popularized in Snowcrash, that Facebook is attempting to latch on to as a marketing campaign to make their products seem future looking, but in reality havent changed one bit. To further this marketing effort, they created a VR chat that is a trash product that no one will ever use.

Re: Apple's privacy push cost Meta $10B

#167

Post by hnburnsy »

alephnan wrote: post #141
eric4smith wrote: post #91

Lies. Don’t you all see it? Facebook has been declining over the past year and this is a convenient way to blame someone - anyone. Let’s face it, what are your friends all using now? That’s right - video - YouTube and TikTok. Facebook had no answer for video and thus lost a lot of eyeballs. Instagram is a poor clone of TikTok and most people just repost their popular TikTok videos on Instagram reels anyway - hardly a…

This seems like post-hoc confirmation of "I knew it! I told you guys so!" like people who claim a catastrophic recession is around the corner, quarter after next. If you have some special insight that the wider market doesn't and hasn't price in, then the odds and prices are asymmetrically tipped in your favor. As an example, I spent $13,580 shorting Facebook on Wednesday, which I haven't sold but will probably later…

I thought you could not short stocks in an Ira, only sell covered calls? Is there some way around this rule?

https://www.investopedia.com/articles/personal-finance/10311...

Re: Apple's privacy push cost Meta $10B

#168

Post by throwhauser »

eric4smith wrote: post #91

Lies. Don’t you all see it? Facebook has been declining over the past year and this is a convenient way to blame someone - anyone. Let’s face it, what are your friends all using now? That’s right - video - YouTube and TikTok. Facebook had no answer for video and thus lost a lot of eyeballs. Instagram is a poor clone of TikTok and most people just repost their popular TikTok videos on Instagram reels anyway - hardly a…

I was with you up to here:

> And Zuck is very smart. The moment I saw the rebrand to Meta I knew that he saw this day coming perhaps years ago. He knows the next frontier is the meta verse

Zuckerberg has been a surprisingly good steward of the one successful idea he came across, the social network graph. His acquisitions (Instagram, etc) worked very well to supplement the social network graph and keep it going longer than it otherwise might have gone. But now that no one gives a shit about what anyone else is doing and just wants to see some jokes, that graph is getting less and less complete.

The "metaverse" is an idiotic, last-ditch attempt to lock people back into the grid by turning them into cartoon versions of themselves in a private-sector universe. It's ridiculous. Facebook is flailing.

Re: Apple's privacy push cost Meta $10B

#169

Post by alexashka »

pnutjam wrote: post #148
sfe22 wrote: post #125

Earlier quoted context omitted.

Except the government is a monopoly with its own agenda. In addition it already kind of owns us (well a large percentage), what would it gain if it negotiated this deal for us? I would argue it can gain more power by making a deal with facebook.

Everyone who doesn't vote and ignores their role in Democracy let's this happen. The president matters much less then the Mayor or the Governor.

No.

You can't have a democracy with 100 IQ idiot majority, because their decisions are governed by whatever gets poured into their poorly working brains that week, so you end up with corporatocracy or fascism, pretending to be a democracy.

Re: Apple's privacy push cost Meta $10B

#170

Post by duxup »

threeseed wrote: post #157
duxup wrote: post #104

Earlier quoted context omitted.

I don’t see a lot TikTok type video on any of the channels I watch on YouTube.

It really depends on the channel and style of content. I don't see it on any of the news or review channels but more common on the food, instructional etc ones.

Yeah I guess the only one I can think of is the vscode channel that does some of those ... they're actually kinda 50/50 annoying / helpful. It's a weird thing to do a short on.
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