591–600 of 736 posts
This doesn't make sense who authorized Instagram and Whatsapp acquisitions at the first place? FTC [1] It isn't Zuck's fault nobody else is as competitive as Facebook is.... I look at you MySpace and Twitter. [1] https://www.ftc.gov/news-events/press-releases/2012/08/ftc-c... "The Federal Trade Commission has closed its nonpublic investigation of Facebook's proposed acquisition of Instagram, Inc., without taking any…
This smells political, possibly retribution for crimes such as fact checking. It’s without merit. The complaint states that Facebook should have competed with Instagram and WhatsApp instead of acquiring them. But if it did so successfully, it would be likely to run afoul of antitrust law anyway. And since when is a company under any obligation to provide its customer list to up and coming competitors? That’s ludicrou…
This will result in a huge “fine”, a multi-billion dollar notch on FTC belts, and no change.
I feel like instead of pushing for the companies to separate, congress should pass laws mandating [adversarial interoperability]( https://www.eff.org/deeplinks/2019/10/adversarial-interopera... ). Then the data (including the social graph) really would belong to the users, and facebook would have to compete with multiple other “social network clients” that would rapidly emerge. Facebook would lose some monopoly profi…
There's no way to provide access to the social graph in a privacy preserving way. It's not okay to allow a third party to access the data your friends have shared with you without your friends consenting. Unencumbered API access to the social graph is exactly what led to the Cambridge Analytica scandal, and promising to restrict API access was part of Facebook's settlement with the FTC.
The point is to move toward standards around social data and then force the big tech companies to allow each user to export their own data, quickly, in these interoperable formats.
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Imagine being so callous about putting 50,000+ people out of work overnight and calling it basically nothing.
Imagine making your money off of what Zuckerberg has done to our fucking democracy.
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This is a stub comment to hold all the replies to the parent. I did not mean to explode an offtopicness charge, and usually turn off replies for these because the same issue comes up every time and the answer is always the same. (When it comes to explaining something, the internet is stateless [1].) Forgot to do so in this case! I'll move them now. [1] https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...
I get it that HN is all about minimal design, but the need for the parent post (in this and other threads) is a sign that the UI could be improved in this aspect.
Dang, please do not change the UI.
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Have you ever sold anything on Facebook Marketplace? It's shockingly easy. I'm relatively late to the party. When I used it for the first time earlier this year I felt like it was the wave of the future.
I was curious, so I just took a look. It feels like a flea market or a yard sale. Except there are people selling $1 PS5's and vehicles with 0 miles driven. Lots of noise on there. Plus you have to deal with selling face-to-face in a COVID environment. Honestly, it feels like Craigslist but somehow more scammy.
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That would make all new business illegal, as you operate at a loss for multiple years.
At some point it needs to be illegal. When a large company of 30000 employees starts wiping out entire industries with cash buffers, you can see why this is just wrong and monopolistic/oligopolistic behavior.
In terms of loss, the actual hardware is profitable as far as I've heard.
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> There's no way to provide access to the social graph in a privacy preserving way. If we're not okay with other companies having access then why is it okay for a single company to have that access? Do you know and trust every facebook employee including those that don't work there yet with your data? Do you trust that that data will be securely handled when the company is sold after declaring bankruptcy? I think you…
I think the accidental straw-man is actually your reply. People give Facebook their access willingly and they know what information they input into Facebook. Should Facebook have all the info your bank has for instance? Or auto mechanic, your realtor? This is a slippery slope of logic of shared data for all leads to.
Check out LiveRamp for example; they literally scan in physical documents like car mechanic paperwork (seriously) and dropship them into S3 buckets to huge data brokers every day.
Take that and merge it with facebook’s social graph, how many ms you look at a photo on Instagram and how long you take to reply to someone on WeChat, and you have an awful lot to work with.