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Facebook to Buy Giphy for $400M

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Re: Facebook to Buy Giphy for $400M

#521

Earlier quoted context omitted.

Why? They have a tendency to better products they acquire, look at whatsapp, instagram, oculus.

True, but they are, well...Facebook. Their stigma is just too strong to be forget/forgive overnight.

Don't put everyone in the same basket, I have no problems against them.

Re: Facebook to Buy Giphy for $400M

#524

So Facebook basically just bought inside usage info on a ton of direct competition, even if they stop their integration in the future. Messaging: Signal, GroupMe, Telegram, Viber Social Media: Twitter, Snapchat, Reddit, Pinterest, Tiktok Dating: Bumble, Tinder Video: Skype Does anyone else kind of feel weirded out that this isn't illegal? Not surprising legally or for a move for Facebook, but this just feels incredib…

What could you realistically make illegal? Api/services can't be purchased by any of the companies that use them?

Re: Facebook to Buy Giphy for $400M

#525
post #505

Earlier quoted context omitted.

It's more "fully comprehend all aspects". You could also say "get" or "understand" or "know" as synonyms for comprehend (in the right context). Grok works in English, I've been reading it for, what, 20 years in English texts. It mightn't be in dictionaries but they're not the sole arbiters of language. It comes from US English, AFAIK, a neonym from Heinlein (the sci-fi writer).

I use "grok" in my writing. Sometimes an older person (usually a boomer or Greatest Generation reader) doesn't get it. Usually the Gen X and younger people understand what it means. Anecdotal, FWIW...

I always just figured it was programmer speak and used it accordingly.

English speakers seem to have this weird idea that all people need to use language that everyone can understand.

Other languages tailor their speaking patterns given the class, context, and people around them.

Re: Facebook to Buy Giphy for $400M

#526
post #444

Earlier quoted context omitted.

> Instagram only became sustainable under Facebook. That's an incredible leap to say IG couldn't develop their own ad network as a stand alone company. Hire a few people away from Google with options in a growing company the same way FB did. If IG didn't sell they would have fully killed Facebook's relevancy by now.

Yeah, but the IG founders didn't want to put ads on the product at all. It was not a sustainable business while in their control.

Do you have a source that they refused any ads at all? There's a difference between having a few tasteful ones and overloading it like it currently is.

Re: Facebook to Buy Giphy for $400M

#527

Earlier quoted context omitted.

This is an unpopular opinion, but if the meme creator violated copyright when they made the meme, and they want credit for their “derived version” then they need a license.

I disagree that they violated copyright. If they're using a screenshot or a short clip from a movie that is definitely fair use. On the other hand, what Giphy is doing is copying the entire meme.

What? That's absolutely not guaranteed to be fair use. AFAIK there's no precedent for such things. And even if random people making memes is fair use, Giphy would still be violating the copyright of the original media by hosting nearly unedited clips for commercial reasons. The vast, vast, vast majority of memes are not transformative.

Re: Facebook to Buy Giphy for $400M

#528

Earlier quoted context omitted.

Yes, do you genuinely believe that they have sufficiently changed after the vast amount of data given away to Cambridge Analytica and other firms just two years ago mean they should have access to historical data? I genuinely think you should have to opt in to data sharing when a company covered by CCPA is purchased. I think you can make a very compelling case that this sale covers the sale of data from Giphy to Face…

I don't think whether they have changed affects their ability to buy Giphy. Your CCPA point is interesting though. However my guess is the CCPA is unlikely to be used in that way as it would affect nearly every acquisition in every industry.

Then it should apply in every industry. It is absurd to think that this is not inherent a sale of data and of data collection technologies. I would assume that in Facebook's acquisition these are two different things have been priced in even with other social media companies like twitter removing giphy from within the app, they have years of historical Twitter Gif data. I would find that data much more valuable than something that will probably be removed in short order from many apps now that it is owned by Facebook.

Re: Facebook to Buy Giphy for $400M

#529
post #73

And the inexorable march towards tech companies owning everything continues. I wish anti-trust law wasn't such a joke across the globe.

Big company != monopoly. Facebook does not have a monopoly on anything, and neither does Giphy.

See, I said anti-trust. Not anti-monopoly. Anti-trust was, traditionally, about preventing market distortions by market actors that are becoming too big and powerful. It wasn't solely about monopolies. The whole "we're not a monopoly" shtick has been pushed by corporations in recent decades as if that absolved them completely from behaving in anti-competitive ways, and for some reason your average schlub has eaten it up, hook line and sinker, and politicians are more than happy to cut them slack because of lobbying.

Especially now, when you have companies like Giphy being tied into services across the globe and providing a surprising amount of data about users and usage patterns, the idea of monopolies is completely obsolete. It's time to bring back the idea of companies not being allowed to much reach, power and control over all aspects of our lives, as well as being able to use it to assert control over competitors and users alike.

Re: Facebook to Buy Giphy for $400M

#530
post #524

So Facebook basically just bought inside usage info on a ton of direct competition, even if they stop their integration in the future. Messaging: Signal, GroupMe, Telegram, Viber Social Media: Twitter, Snapchat, Reddit, Pinterest, Tiktok Dating: Bumble, Tinder Video: Skype Does anyone else kind of feel weirded out that this isn't illegal? Not surprising legally or for a move for Facebook, but this just feels incredib…

What could you realistically make illegal? Api/services can't be purchased by any of the companies that use them?

IMO this could simply be some sort of FTC/government formed firewall where a purchased company cannot share historical use data related to competitors unless the users of the service (the competitors, companies listed above) sign off on it. I'm fully aware that the implementation of that is legally complex to say the least, this is a bit more of a wish list than a practicality.
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