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Facebook Q1 2018 Earnings Slides [pdf]
241–250 of 271 posts
Re: Facebook Q1 2018 Earnings Slides [pdf]
#242Re: Facebook Q1 2018 Earnings Slides [pdf]
#243TL;DL:
1) Revenues are inversely proportional to number of active users, hinting at cultural differences (e.g. US users may be more exposed to ads than EU users)
2) Overall income has fallen, but so have taxes and operating margin, leading to higher net income and earnings per share.
Re: Facebook Q1 2018 Earnings Slides [pdf]
#244Earlier quoted context omitted.
Which worker bees are paying 35-50%? You just about have to make a million dollars per year in the US - and be in California or NYC - to pay 50%. One million dollars in income gets you to about 47% in LA, SF, or NYC. A quarter of a million dollar income will get you up to 35% - and those are the most expensive tax locations in the country. $50,000 (the US median full-time income) gets you a combined effective rate, b…
> Which worker bees are paying 35-50%? Lots of people in Europe. Which for sure is also a big market for FB. In Germany you are already have deductions of nearly 50% if your income is around 50000€.
At 50k you are paying between 10-15% income tax.
Re: Facebook Q1 2018 Earnings Slides [pdf]
#245My main takeaway from this is that #deleteFacebook has been a flash in the pan-- their active user count is still increasing across all regions. Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.
Maybe most people just don't care all that much about privacy. They just want to share their picture with friends.
Most people just don't care about almost anything.
Re: Facebook Q1 2018 Earnings Slides [pdf]
#246My main takeaway from this is that #deleteFacebook has been a flash in the pan-- their active user count is still increasing across all regions. Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.
Internet outrage is _never_ as widespread or important as it looks. The best way to predict the effect of any social media campaign against a person or organization is to evaluate the steadfastness of the campaign's target. If you are the target of an internet mob and you blink, you're not only going to enact mob-demanded changes that are detrimental to your interests, but also broadcast weakness and attract further…
Internet and news outrages generally last no more than two weeks.
Re: Facebook Q1 2018 Earnings Slides [pdf]
#247Earlier quoted context omitted.
> I've wondered sometimes whether we're headed towards a post-privacy world If post-privacy worked both ways, I'm all for a future like that, it would be a transparency utopia.
But it will never truly be post-privacy. As always, the rich and powerful will carefully guard their privacy all while saying to the rest of the world that you have nothing to fear if you have nothing to hide.
I thought the following was perhaps the most telling exchange of Zuckerberg's recent testimony before US Senators.
Senator Dick Durbin: Would you be comfortable sharing with us the name of the hotel you stayed in last night?
Mark Zuckerberg: Um... [Long hesitation] No.
Senator Dick Durbin: If you messaged anybody this week, would you share with us the names of the people you've messaged?
Mark Zuckerberg: Senator, no, I would probably not choose to do that publicly here.
Re: Facebook Q1 2018 Earnings Slides [pdf]
#248Earlier quoted context omitted.
To the best of my understanding, you can opt out of personalized ads with google, but not all ads. At least for the search product. For email, one can pay for their google apps tier, which doesn't have ads, but it is obviously targeted to business users, so the value prop is completely different anyway.
> To the best of my understanding, you can opt out of personalized ads with google, but not all ads. At least for the search product. You can install uBlock Origin in all your devices.
One of these things is not like the other...
Re: Facebook Q1 2018 Earnings Slides [pdf]
#249Earlier quoted context omitted.
Yeah, I may have to eat some crow from an argument the other day with another HN user. Surveys and #deleteFacebook and protests and so forth seemed to indicate that people did finally start getting interested in their own privacy. But no. Somehow, even with a declining youth demographic and widespread reports of less time spent on site and the CA fiasco, they still ended up with a growth of users in all markets. I've…
I struggled with this initially with FB and then decided all posts would be public. Never post anything that I wouldn't want public, and not allow on my timeline posts from other people that I don't want public (I know there are limits to this). Targeted ads are fine to me. My bigger concern is the vast amount of data sharing on the back end that is easily non-anonymized and FB is a huge part of the problem.
"All posts public" seems like a smart approach: it makes your posts worthless to FB, since everyone else has that information. I went ahead and deleted my account, more for FB's clueless response to the CA thing than the "breach" itself. I haven't missed it so far, but if I make another one, I'll make everything public and banal.
Re: Facebook Q1 2018 Earnings Slides [pdf]
#250Earlier quoted context omitted.
Aye, this sort of thing is a running joke in the gaming community. The classic example is Call of Duty: Modern Warfare 2, which had calls for boycotts prior to its release. Guess what those same people bought and played when the game released? http://i0.kym-cdn.com/photos/images/newsfeed/000/973/082/6e0...
It did work with EA's Battlefront 2 right? EA's stock value went down. Then sales of Battlefront2 wasn't as good as expected. Then there's now the hot topic of lootboxes being illegal. We'll need to exactly define and agree what it is to be achieve tho. In my view, I think the point has been made and have been heard successfully and have caused the desired punch in the face.
I'd argue that ballooned beyond "internet outrage" though; a lot of parents started seeing the loot boxes as slot machines. That gave the issue its "Is it legal?" and "PROTECT THE CHILDREN" angles.
Honestly, people probably don't give enough credit to the MW2 "boycott"; it showed kids that they could organize if the company's practices got out of hand. I think the MW2 and BF2 issues were really part of a longer trend towards dark patterns in video games, and it took time for people in positions of authority to realize how serious the situation could become if they continued down the path they were on.