In my opinion, #Facebook has always played fast and loose with the law (or at least users' privacy) in order to generate more money. Will it be the end of #Facebook? Doubtful. It's become an indispensable communication tool for too many people. Companies too. $FB
Actually, I think more and more of today's youth are turning away from #Facebook and finding new, cooler, social media sites. Who wants to be on a site filled with your parents and all their friends? Facebook's time has come and went. It will still be around for awhile but in 10 years, it will be as dead as... whatever that site was that came before it than no one can remember :)
I disagree. I've always thought it suspicious that tech giants like #Google and #Facebook, which have the greatest tech minds in the world working for them, can build amazing software, filters, facial recognition, search optimization, customized ad generators, translation services, and much more, but can't figure out a better way to combat fake news and hate speech. I've often suspected that either they didn't care enough, or simply didn't see the profit in it. Now that we know $GOOGL PROFITED from this behavior, it makes even more sense.
The market is not going up because of a #Trump put, it is going up because of the tax cut without a spending cut. This is called fiscal stimulus and it has negated the rather limited drop in monetary stimulus. If anything, the #tariffs and shenanigance in Washington over Internet regulation is holding the market back. If tariffs are cut and the trade war ends it will be a positive just like if the absurd hearings on #Twitter, #Google, and #Facebook end, that will help those stocks.
If or when this happens is debatable. Certainly if the whole market starts tanking, hopefully both of these will end and the government will focus on their job rather than creating more problems. Unfortunately, this is most likely to happen when the economy turns sour, providing limited relief, but most likely it will not turn the tide by itself.
On the one hand, I'd say #Facebook is finished. That they'll never come back from this debacle. On the other hand, I'd say most users still have no idea what happened or to what degree it happened. $FB
There is absolutely no excuse for #Facebook to have captured as much info on users as they did. Why on Earth would they have needed to keep records of every phone call and text message their users sent OUTSIDE of Facebook. That has nothing to do with Facebook and is a complete violation of users' privacy.
I for one am angry. I hope #Zuckerberg and his company are taken down a peg and learn some humility from this debacle.
I think the issue is the fact that this Facebook even stores this much private data or that they are willing to share this information. Did you try the data download #JulianAssange has been promoting? It's shocking how much info they have. Things have access to aspects of your life that have nothing to do with #Facebook. Read the full article above!
The problem wasn't even #Facebook. The haters are jumping on this as an excuse to take Facebook and Zuckerberg down a peg but the fault completely lies with Cambridge Analytica. They are the ones who violated Facebook's terms of use and used the data improperly.
#Facebook will be forgiven simply because too many users are addicted to it. People can be very forgiving when they are hooked on a product they love. $FB
Not sure why this is so surprising. Just like how #Facebook eagerly accepted Russian ad dollars during the last campaign, it's easy to not look too closely at revenue generating initiatives.
Facebook will be forgiven, just like all those before it. $FB
Single digit revenue growth at a lofty valuation based on any metric in my opinion. There's many companies that are growing revenues much faster with a fraction of the P/E or PEG, namely #Facebook ($FB).
I wonder how much #Facebook really wants to fix the problem. They made millions off the Russians' fake ads. I'm not sure they will be so quick to find a solution.
I don't know about that. It is a great idea, but the Russians alone reportedly spent millions of Facebook. With only 48 hours to verify every story... that would be a huge cost to the compay. Any competitor could literally flood the site with fake news draining #Facebook's coffers.
Facebook Should Put More Emphasis On Workplace
I've used #Facebook's #Workplace. It's great. The company should definitely through more resources behind it.
Report: Facebook Under Criminal Investigation
In my opinion, #Facebook has always played fast and loose with the law (or at least users' privacy) in order to generate more money. Will it be the end of #Facebook? Doubtful. It's become an indispensable communication tool for too many people. Companies too. $FB
It Just Gets Worse For Facebook
#Facebook is a mess. $FB
Net Censorship on the Rise
Actually, I think more and more of today's youth are turning away from #Facebook and finding new, cooler, social media sites. Who wants to be on a site filled with your parents and all their friends? Facebook's time has come and went. It will still be around for awhile but in 10 years, it will be as dead as... whatever that site was that came before it than no one can remember :)
"Fess Up To Reality" - Former Google Exec Exposes Silicon Valley Hypocrisy In Scathing Essay
I disagree. I've always thought it suspicious that tech giants like #Google and #Facebook, which have the greatest tech minds in the world working for them, can build amazing software, filters, facial recognition, search optimization, customized ad generators, translation services, and much more, but can't figure out a better way to combat fake news and hate speech. I've often suspected that either they didn't care enough, or simply didn't see the profit in it. Now that we know $GOOGL PROFITED from this behavior, it makes even more sense.
The Trump Tariff Put Will Expire Worthless
The market is not going up because of a #Trump put, it is going up because of the tax cut without a spending cut. This is called fiscal stimulus and it has negated the rather limited drop in monetary stimulus. If anything, the #tariffs and shenanigance in Washington over Internet regulation is holding the market back. If tariffs are cut and the trade war ends it will be a positive just like if the absurd hearings on #Twitter, #Google, and #Facebook end, that will help those stocks.
If or when this happens is debatable. Certainly if the whole market starts tanking, hopefully both of these will end and the government will focus on their job rather than creating more problems. Unfortunately, this is most likely to happen when the economy turns sour, providing limited relief, but most likely it will not turn the tide by itself.
Zuckerberg Scrambles To Calm Facebook Employees
I had no idea that #Facebook violated our privacy to such a degree!
5 Things Facebook Must Do Now
On the one hand, I'd say #Facebook is finished. That they'll never come back from this debacle. On the other hand, I'd say most users still have no idea what happened or to what degree it happened. $FB
Zuckerberg Scrambles To Calm Facebook Employees
There is absolutely no excuse for #Facebook to have captured as much info on users as they did. Why on Earth would they have needed to keep records of every phone call and text message their users sent OUTSIDE of Facebook. That has nothing to do with Facebook and is a complete violation of users' privacy.
I for one am angry. I hope #Zuckerberg and his company are taken down a peg and learn some humility from this debacle.
Zuckerberg Scrambles To Calm Facebook Employees
I think the issue is the fact that this Facebook even stores this much private data or that they are willing to share this information. Did you try the data download #JulianAssange has been promoting? It's shocking how much info they have. Things have access to aspects of your life that have nothing to do with #Facebook. Read the full article above!
Zuckerberg Scrambles To Calm Facebook Employees
The problem wasn't even #Facebook. The haters are jumping on this as an excuse to take Facebook and Zuckerberg down a peg but the fault completely lies with Cambridge Analytica. They are the ones who violated Facebook's terms of use and used the data improperly.
Zuckerberg Scrambles To Calm Facebook Employees
#Facebook will be forgiven simply because too many users are addicted to it. People can be very forgiving when they are hooked on a product they love. $FB
"Where's Mark?" CEO's Silence On Cambridge Analytica Is Making Facebook Employees Uneasy
Not sure why this is so surprising. Just like how #Facebook eagerly accepted Russian ad dollars during the last campaign, it's easy to not look too closely at revenue generating initiatives.
Facebook will be forgiven, just like all those before it. $FB
Visa’s Growth Slowdown Has Begun
Single digit revenue growth at a lofty valuation based on any metric in my opinion. There's many companies that are growing revenues much faster with a fraction of the P/E or PEG, namely #Facebook ($FB).
How to Fix Facebook's Phony Feed Problem
I wonder how much #Facebook really wants to fix the problem. They made millions off the Russians' fake ads. I'm not sure they will be so quick to find a solution.
How to Fix Facebook's Phony Feed Problem
I don't know about that. It is a great idea, but the Russians alone reportedly spent millions of Facebook. With only 48 hours to verify every story... that would be a huge cost to the compay. Any competitor could literally flood the site with fake news draining #Facebook's coffers.