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via jimcramer: Here is how things bottom: Facebook every analyst has to cut numbers and PT and get DOWNGRADES. We don't have the latter yet. You can't upgrade if you haven't downgraded. $fb
via dseetharaman: Facebook board member @pmarca takes issue with Obama’s remarks today. Among other things, Obama called on cos to detail their recommendation systems & implement “circuit breakers” on possibly false viral content. $fb
via karissabe: Obama making an important (and very often misunderstood point): "The First Amendment is a check on the power of the state doesn't apply to private companies like Facebook or Twitter" $fb
via karissabe: In his speech, Obama hasn't so far named Facebook (or any other social media platform" but says the"very design of these platforms, seems to be tilting us in the wrong direction" citing the vast amount of COVID-19 vaccine misinformation $fb
via ritholtz: "After getting rejected by $FB for engineering jobs in 2009, they founded WhatsApp then 5 years later sold it to Facebook for $22B. They left 2018, citing disputes with Zuck over his plans to monetize their global messaging behemoth."
https://t.co/OOnmGhloLb $fb
via zerosum24: They did me worse than Libs. Put up an archive of everything off my social media, even random meaningless pics off my Facebook. Screenshoted comments, memes. Like ex-gf stalker level. I think my doxxer kinda liked me. 😇 $fb
via RichLightShed: Netflix felt vulnerable yesterday in a way that it never has before, similar to how we felt about Mark Zuckerberg’s comments on Meta’s last earnings call. $NFLX @netflix@reedhastings
full post: https://t.co/icn91TM2QE $fb
OH MY look at $VRAR latest patent today!!! #Metaverse $FB $META $GOOG $SNAP "The Patent relates to a VR system allowing for simultaneous interaction across viewing platforms, in which avatars/users in VR environments can interact immersively in real-time "
via sarahfrier: Zuckerberg in 2018: "I find that the right place to be is when you're getting yelled at from both sides equally." (these aren't new ideas or debates) $fb
What have we learned about human cognition and social media?
Twitter, Facebook, TikTok have taught us that there is no idea so perversely idiotic, no 'hot take' so foolish, no belief system so incredibly ignorant, that they would not garner substantial support among the masses.
Our @CNBCTechCheck@cnbc screen on stock volatility (beta)...10 biggest stocks by market cap in S&P 500 Tech, Comms Services & Consumer Discretionary sectors...3Y Beta per @factset data.
Tesla $TSLA is the most volatile at 2.8
Meta Platforms $FB 1.4
Apple $AAPL 1.3
via MattRosoff: Yeah this get SF back to the office stuff is working great @LondonBreed @SFBART - no escalators in service at Glen Park, nobody working on them. Happy Monday. $fb
This weekend a decade ago, Facebook was working on its deal to acquire Instagram for $1 billion, signing the paperwork on Easter Sunday. The decision shaped a decade of communication.
More potentially historic discussions are happening now, about the future of Twitter…
Calling Bullshit on this line of thinking:
$GOOG search is an enormous business; $FB is a way to stay in touch w/friends + family.
$TWTR has none of those structural ad advantages. Sure, its addictive as hell. But no ones figured out monetization.
Advertising = terrible model