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Facebook has lost $100B in 10 days and now advertisers are pulling out

business.financialpost.com

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Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#221

Post by mayankkaizen »

gonehome wrote: post #35
nugi wrote: post #13

This is the beginning of the Big Churn. Less top talent will want to be associated with facebook. Already even a few more privacy clueless friends family members are deleting their accounts. Adverts were always so low yeild, and fb pages 'because we need one'. Now that is all changing due to perception. The FTC, stocks falling, are further indicatuons of falling trust. And all business is built on trust.

Oh please - the overreaction from this is ridiculous. I'm buying FB call options. Facebook's network effect is extremely strong - this is also not even including their other assets (Instagram, Whatsapp, Oculus). The API access was in violation of terms of service and the ability to access data through friends via the FB graph has already been closed.

Yes network effect is pretty strong. BUT it is not getting stronger anymore, at least in the world I live in.

I mean I deactictivated FB long ago. So did most of my friends (from my school, from college, from my past companies etc. ) Even those who still have accounts never post anything. They don't even update their current city/companies etc.

Although I also noticed a trend of older people joining FB and being fairly active on it. But overall FB is definitely losing its appeal.

Sadly, people have ditched FB in favor of Whatsapp which belongs to FB.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#222

Post by tomcam »

wizardforhire wrote: post #165
brandmeyer wrote: post #161

Earlier quoted context omitted.

> What we desperately want is a decentralized encrypted locally hosted application ... we'd be fine with our friends or fans hosting encrypted files on their devices but that's as far as they go. What exactly are you trying to get out of encryption in this MinimalBook application of yours?

Privacy, security, rights Managment. Not quite State level but close (because does that even exist?). It's celebrities that travel nearly most days of the years. Every place that's always in the news for something terrible is probably a destination at somepoint. Also stalkers, extortionists, kidnappers, they're very real. Also and I would think probably more pertinent is that given current events, for something decen…

>It's celebrities that travel nearly most days of the years. Every place that's always in the news for something terrible is probably a destination at somepoint.

Given that market, why not charge for MinimalBook as a premium experience instead of postulating an ill-defined “marketplace”?

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#223

Post by bmarquez »

hungryfoolish wrote: post #212
ngsayjoe wrote: post #75

Earlier quoted context omitted.

Don't forget Telegram is gaining tractions lately. I just registered Telegram and hope Whatsapp die!

Good luck. Telegram is owned by Russians.

The founder (Durov) is a Russian in exile, fighting Putin's attempts to control the encryption keys. Secret chats are not affected, but cloud chats would be. Durov has stated he would rather see Telegram banned in Russia than give in, but the world will know in 2 weeks.

https://www.bloomberg.com/news/articles/2018-03-20/telegram-...

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#224

Post by sriku »

wizardforhire wrote: post #153
chrischen wrote: post #68

Earlier quoted context omitted.

Yes, Facebook's current network is fairly strong, but you shouldn't look to where the masses currently are, you should look to where the trendsetters, the young, and the people in the know—where they are. These people are ahead of the curve, and the signs they are emitting is that Facebook is not serving their interests and needs. Young people don't want to use facebook because it forces you to interact with everyone…

I've been putting off posting this for months because when I write it, it seems grandiose but it's been my life and it's too ridiculous not to share. I was born in 80 so that dates me. I've worked in music for the last 20 years and I've worked with over 60 bands most of whom are very successful now. However that number is misleading because I've toured with hundreds of bands if you count the openers and headliners ov…

Secure Scuttlebutt (Patchwork application), I think, has its heart in the right place.

http://scuttlebot.io/

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#225

Post by loup-vaillant »

reitanqild wrote: post #214
wizardforhire wrote: post #202

Earlier quoted context omitted.

Right. But I'm thinking torrents and packets distributed to the local network of peers to ease the distributed bandwidth load. Granted a state level actor could potentially collect all data as they do now and have a hell of time trying to piece it all back together. That would take total knowledge of the network and the keys. But for users whom have permission to view the content granted to them through the "friendin…

> But for users whom have permission to view the content granted to them through the "friending" process the last thing you want is for them to be able to mine their device or know what's being stored on their device. I assume them is a reference to state level actor? At least to me it is not immediately obvious and I think I misread it the first time.

Looks like wizardforhire was talking about something like distributed encrypted backups. The simple version is, others store your stuff for you (and you store theirs), but they can't read it, because only you have the key.

Add to that a way to authorise people to decrypt your stuff (and, ideally, ways to revoke those rights), and you get the the whole thing.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#226

Post by goocy »

wizardforhire wrote: post #153
chrischen wrote: post #68

Earlier quoted context omitted.

Yes, Facebook's current network is fairly strong, but you shouldn't look to where the masses currently are, you should look to where the trendsetters, the young, and the people in the know—where they are. These people are ahead of the curve, and the signs they are emitting is that Facebook is not serving their interests and needs. Young people don't want to use facebook because it forces you to interact with everyone…

I've been putting off posting this for months because when I write it, it seems grandiose but it's been my life and it's too ridiculous not to share. I was born in 80 so that dates me. I've worked in music for the last 20 years and I've worked with over 60 bands most of whom are very successful now. However that number is misleading because I've toured with hundreds of bands if you count the openers and headliners ov…

Have you looked into ZeroNet? https://zeronet.io/

Seems to do what you need.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#227

Post by tilertex »

734786710934 wrote: post #76
chrischen wrote: post #68

Earlier quoted context omitted.

Yes, Facebook's current network is fairly strong, but you shouldn't look to where the masses currently are, you should look to where the trendsetters, the young, and the people in the know—where they are. These people are ahead of the curve, and the signs they are emitting is that Facebook is not serving their interests and needs. Young people don't want to use facebook because it forces you to interact with everyone…

Facebook has no serious competition at the moment other than Snapchat. Young people are still using Instagram and Messenger. Ironically, the calls for regulation might actually end up helping Facebook in the end as they will make the barriers to entry higher.

There's a reason Mark Zuckerberg himself came out and said he's "actually not sure we shouldn't be regulated" and it's not because he has genuine concerns about his users privacy.

It's because regulation increases the barrier to entry. It means less chance of some college students starting an app that can dethrone Facebook.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#229

Post by billysielu »

gaius wrote: post #185
734786710934 wrote: post #76

Earlier quoted context omitted.

Facebook has no serious competition at the moment other than Snapchat. Young people are still using Instagram and Messenger. Ironically, the calls for regulation might actually end up helping Facebook in the end as they will make the barriers to entry higher.

Facebook has no serious competition at the moment The competition is “socialising the pre-Facebook way”

Not socializing so much is also valid.

Re: Facebook has lost $100B in 10 days and now advertisers are pulling out

#230

Post by antirez »

chrischen wrote: post #74
otalp wrote: post #10

I fail to see how this will seriously damage them. They already own the two biggest alternatives to facebook - Instagram for pictures and WhatsApp for communication. More people are using their services than ever before and more people are getting access to the internet in developing countries.

People in US don't really use Whatsapp. iOS users do use iMessage and Android use Hangouts.

We non-US people will never understand this, sorry. Instead of staying in a single cross-platform system US people prolonged for other ~5 years the use of SMS that was non existing here for a long time, also paying the highest costs in the world per SMS more or less (AFAIK you used to pay even for receiving), and now are picking OS-specific platforms.
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