Facebook is facing an existential crisis ... been trying to warn kats about Facebook for a Year Now

Again I agree...

I am curious to see if the former founders of WhatsApp will find a way to take advantage of this situation.

Now that's a team that could cause them some real damage to FB but no telling what types of limitations they might have considering the size of that whatsapp acquisition.

I see Zuck is now doing a CNN interview
 
Facebook owns Instagram. You didn't really leave facebook. You're still on one of their properties. :lol:

You're making my point. You will hardly find a person who isn't at least on IG, FB, or Whatsapp. As long as you're in their ecosystem, they're monetizing you.

I know Facebook owns Instagram, Facebook requires a shit ton of info. It pushes a lot of data at you and it is imbedded into browser and other single sign in programs. At this point and time instagram is not imbedded into your browsing experience. Just because you own something it does not mean that they monetize it the same. Having Amazon prime does not get you unlimited Apple juice.
 
Facebook didn't sell the data in question. That's not what happened.

Facebook does sell the data, not directly but they give apps access to data in exchange for money. It’s like saying a porn Star is not a prostitute. You can argue semantics but she is still exchanging sex for money.
 
Facebook does sell the data, not directly .

They don't sell the data. In tech, that means a very specific thing. It's literal. Selling access to an ad platform that uses the data does not qualify.

It's not a semantic argument either. There are literally companies that "sell data".
 
I know Facebook owns Instagram, Facebook requires a shit ton of info. It pushes a lot of data at you and it is imbedded into browser and other single sign in programs. At this point and time instagram is not imbedded into your browsing experience. Just because you own something it does not mean that they monetize it the same. Having Amazon prime does not get you unlimited Apple juice.

They're using your IG data for targeting, champ. You can't use Whatsapp or IG and brag about leaving Facebook. You haven't left Facebook if you're still using their properties. And these use IG for retargeting on FB.
 
They don't sell the data. In tech, that means a very specific thing. It's literal. Selling access to an ad platform that uses the data does not qualify.

It's not a semantic argument either. There are literally companies that "sell data".

Sorry to disagree but it does. If the ad platform has the data then you are selling everything that’s a part of it. It’s like saying I’m not selling you the yarn just the clothes that was made out of it. If you have my data, and as a part of my sales pitch the data in question is the selling point guess what you are selling data. Can’t speak for tech but Facebook is a business that sells ads. Since my business deals with info and we advertise on Facebook we damn well pay good money for that data. As far as Instagram, it is a different model and as such the data is not robust.
 
You can't disagree with facts. It's a matter of fact that FB does not "Sell Data". In the tech industry, this term is very specific.

Well we purchased data from Facebook, call it what you want to.
http://www.businessinsider.com/how-to-opt-out-of-facebook-plan-to-sell-your-browser-data-2014-6
https://news.sky.com/story/what-does-facebook-do-with-my-data-and-how-do-i-stop-it-11299792

And finally here is Facebook explaining how they sell your data but keep your privacy in tact. I can understand you protecting your company but people need to know. Yes we don’t purchase your personal info, just everything else.

https://www.facebook.com/full_data_use_policy

Yes I’m well aware that Instagram can do the same thing, however it is easy to figure out the haven’t got there yet like google and Facebook. Simple search for a random out of the way thing like morning after pill. Shit will show up in google, amazon and Facebook. Not in my Instagram feed. When it does I will move on, if Facebook wasn’t selling they would not make any loot. My searches are data, and it is sold and then I get ads. Unless they are psychic there is no way those ads would show up.
 
Elon Musk deletes own, SpaceX and Tesla Facebook pages after #deletefacebook
Darrell Etherington@

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Elon Musk apparently wasn’t aware that his company SpaceX had a Facebook page. The SpaceX and Tesla CEO has responded to a comment on Twitter calling for him to take down the SpaceX, Tesla and Elon Musk official pages in support of the #deletefacebook movement by first acknowledging he didn’t know one existed, and then following up with promises that he would indeed take them down.

He’s done just that, as the SpaceX Facebook page is now gone, after having been live earlier today (as you can see from the screenshot included taken at around 12:10 PM ET).

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As of this publishing, going to any of the above pages directs you to a message saying “Sorry, this content isn’t available right now” instead. That’s a quick turnaround, since Musk seems only to have found out these pages existed about 20 minutes prior to his taking them all offline.

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Musk also responded to another comment on Twitter regarding his own and his companies’ prolific use of Instagram, which is of course owned by Facebook. The prolific entrepreneur notedthat Instagram was “borderline,” since FB’s “influence is slowly creeping in,” but it seems like he’s okay with maintaining that presence for now.

Prior to their deletion, both the SpaceX and Tesla pages had over 2.6 million Likes and Follows, and super high engagement rates. You have to wonder whether Musk’s social media management employees cried a little when these went down.

screen-shot-2018-03-23-at-12-10-24-pm.png
 
Data Mining in this age is a bitch. How many sources have been able to collect your personal info to habits to web history to affliations to bgol comments etc on the net?

Sure FB is a big source of that collection. But the reality is the moment you got an ISP and “surfed” on the net you were compromised.

Thus if you are targeted for whatever reason and you’ve use the “internet” you’re already screwed. Note at didn’t limit that to just FB.

I noticed some said they “deleted” their FB account years ago. Sarcastically, I guess that means they are “safe” now.



Bro

People have no idea

Peeps: "deep packet inspection", google it

Also: https://webhose.io/



It's already a wrap for most people
 
Facebook is fine. They'll just by anything that's competitive in the youth market. Social media is no longer a high growth industry in most markets so no one expects mega growth anymore. They're highly profitable and have no direct competition. They have nothing to worry about because there is nowhere else to do.

Theeir only real threat is user apathy and/or a transformational technology that makes social obsolete...but they always buy their way in.. like they did with Oculus.

Facebook is one of the most well-run companies in the world. Their market isn't going anywhere and no one else is certainly going to own it. There are this generation's Microsoft. What they'll try to do is buy there way into anything that has the potential to assault their core business (like did they with Whatsapp and IG..and what they tried to do with Snapchat).

The core product sucks (On Fb) but it serves the purpose for most people.

As long as they continue to buy the emerging brands that matter, they'll continue to dominate the space.




I think the next social unicorn will be one leveraging explicit opt-in with some revenue share model
 
I know Facebook owns Instagram, Facebook requires a shit ton of info. It pushes a lot of data at you and it is imbedded into browser and other single sign in programs. At this point and time instagram is not imbedded into your browsing experience. Just because you own something it does not mean that they monetize it the same. Having Amazon prime does not get you unlimited Apple juice.

Actually instagram can get cookies from your browsing. Learned this today when I went to a site I've never been before because of work. Got served up an add from that site on my Instagram about an hour later.
 
End to End encryption is a thing of the past now! Fuck the technology has advanced.:smh:



DPI is the holy grail

can't go on record here because of NDA and nerve gas and shit but shit is deeper than people know
 
Actually instagram can get cookies from your browsing. Learned this today when I went to a site I've never been before because of work. Got served up an add from that site on my Instagram about an hour later.

Brah,

I cringe to think of all the ghost, cookie, daemon loaders, snippet capture etc code that's out there now. You then combine those harvesting code with prediction and analytical algorithms and it's a wrap.

They know what you'll do before you even know under predetermined stresses.

That's fucking insane and the heart BTW of machine learning aka AI...

Part of me regrets not sticking with the Software Engineering stuff.

Oh Well...
 
Another chapter on Facebook’s privacy woes is being written in Latin America
Felicitas Carrique
facebook-disaster.jpg

Felicitas CarriqueContributor
Felicitas Carrique is an Argentinian reporter focused on media, technology, and innovation.


The abuse of Facebook’s platform for political purposes is a problem that doesn’t stop at the U.S border. Governments around the world are continuing to wrestle with the implications of Cambridge Analytica’s acquisition of Facebook user data from the heart of Europe to the capitals of Latin America’s most populous nations.

In South America, several chapters are still being written into the public record of Facebook’s privacy privations. Some Latin American democracies are also beginning to investigate whether the data harvesting techniques associated with Cambridge Analytica (CA) were used in their electoral processes.

Facebook, Cambridge Analytica and South America: a recap

Brazil

The Brazilian Public Prosecutor’s Office started an investigation to clarify if Cambridge Analytica (CA) had illegal access to Facebook’s private information from millions of Brazillians through their subsidiary, a Sao Paulo-based consulting group named A Ponte Estratégia Planejamento e Pesquisa LTDA.

The investigation came as a result of Cambridge Analytica Chief Data Officer Dr Alex Tayler and Managing Director Mark Turnbull saying to an undercover journalist that the company was now targeting Brazil, among other countries. The Brazilian case is a big deal for Facebook because it is its third-largest market and has an election coming in seven months.

Argentina

Cambridge Analytica’s parent company, SCL Group, has an office in Buenos Aires which address matches with the office of an Argentinian agricultural enterprise called Blacksoil, according to the news outlet, Clarin. The article pointed out that Alexander Nix, former CA’s CEO, was friend of the owner of the company, Lucas Talamoni Grether with whom hehad conducted business before.

The Argentinian National Electoral Chamber (CNE), which is in charge of overseeing the elections and auditing campaign contributions and expenses, initiated an “internal investigation” following the scandal revealed by British TV Channel 4. Political parties are accusing one another of using CA services in the 2017 midterm election but there is no hard evidence either supporting or refuting the allegations.

Mexico and Colombia

Mexico, the fifth largest market for Facebook, is also involved in the Cambridge Analytica debacle. In the same video that CA executives mention targeting Brazil, they admit having operated in Mexico using an app called Pig.Gi. Mexico’s general election are due on July 1st. The same app was used to access data from Colombian users, according to the tech site Hipertextual.

Nevertheless, Pig.Gi’s founder and CEO, Joel Phillips, admitted signing a deal with the data company but says the information never got to their hands and there is no evidence that the company had any access to personal data from Mexicans or Colombians, according to the same article.

Apart from being named by Alexander Nix in the video leak which blew up the scandal, there isn’t much empirical evidence of Cambridge Analytica actually tampering with South American electoral processes. However ineffectual Cambridge Analytica’s efforts have been, Facebook is still on the hook when it comes to “fake news” and misinformation in the region.

facebook-corroded.jpg


Misinformed emerging democracies

During the Argentinian electoral process in 2017 hundreds of fake articles were distributed through Facebook. A fact-checking site called Chequeado compiled some of the misinformation that was distributed on the platform.

Among them there were reports accusing the leader of a Teacher’s Union of not being a teacher; of the Buenos Aires Province Governor raising her own salary by 100% and even a claim that the US Government recorded Macri’s Administration as being the most corrupt in the world.

There were some sites created for the sole purpose of spreading Fake News on Facebook and these pieces went viral over and over again.

On the other hand, Brazil has steadily become a fake news heaven. The political instability that reigns in the country has made it easier for fake news to spread within fanatic circles. The Monitor Do Debate Politico No Meio Digital, an organization that follows the trail of political news in Social Networks, told El Pais that there are lots of sites which are not officially developing a systematic campaign of fake news prior to the October elections but have begun spreading fake reports in the social ecosystem.

This scheme is repeating itself throughout Latin American countries — and with the same characteristics. It’s not necessarily systemic, but it is growing. The difference remains in the plausibility of the pieces which were spread in the region.

Although there were no conspiracy theories that compared candidates to a reptile, in South America stories did aim to enhance what people already thought of political figures.

According to Luciano Galup, a social media strategist for political campaigns in the region, fake news are most effective in polarized societies. A study made by Oxford University in the US, showed that extremists tend to distribute more fake information than moderates within parties. And polarization is a major characteristic of the Latin American region’s political scenario. This makes Latin America the perfect victim for people trying to tamper with elections by presenting propaganda as actual news.

If we add that up with the lack of control from governments and Facebook attempts to solve the issue, we have a ticking time bomb. The only positive, Galup says, is that services like the ones on offer from Cambridge Analytica are prohibitively expensive for most political parties in Latin America.

In this case, the only thing saving elections in the region from outside corrupting influences may be the greed of those same corrupting influences.
 
Myspace 2.0...



Facebook is facing an existential crisis.
The Cambridge Analytica scandal has done immense damage to the brand, sources across the company believe. It will now take a Herculean effort to restore public trust in Facebook's commitment to privacy and data protection, they said. Outside observers think regulation has suddenly become more likely, and yet CEO Mark Zuckerberg appears missing in action.

The scandal also highlights a problem that is built into the company's DNA: Its business is data exploitation. Facebook makes money by, among other things, harvesting your data and selling it to app developers and advertisers. Preventing those buyers from passing that data to third parties with ulterior motives may ultimately be impossible.

Indeed, the most alarming aspect of Cambridge Analytica's "breach" is that it wasn't a breach at all. It happened almost entirely above board and in line with Facebook policy.

Aleksandr Kogan, a University of Cambridge professor, accessed the data of more than 50 million Facebook users simply by creating a survey filled out by 270,000 people. Facebook provided Kogan with the data of anyone who took the survey, as well as their friends' data. In a statement, Facebook said, "Kogan gained access to this information in a legitimate way and through the proper channels that governed all developers on Facebook at that time."

The one rule Kogan violated, according to Facebook, was passing the user data to third parties, including Cambridge Analytica, the political data firm founded by former Trump aide Steve Bannon and conservative donor Robert Mercer.

But even Facebook sources acknowledged to CNN that it is impossible to completely monitor what developers and advertisers do with the data once it's in their hands. It's like selling cigarettes to someone and telling them not to share the cigarettes with their friends.

The limits of Facebook's ability to enforce compliance with data usage was highlighted by Facebook's own response to Kogan's violation. Facebook says it learned of Kogan's violation in 2015 and was subsequently assured by all parties that the data had been destroyed. But Facebook also says it learned just days ago that "not all data was deleted."

In a statement, Facebook deputy general counsel Paul Grewal said "protecting people's information is at the heart of everything we do." That may be a hard argument for the public to accept given that Facebook's business is providing people's information to outside parties whose ultimate goals are unknowable.


Facebook says that starting in 2014 it gave users greater control over what parts of their information are shared with app developers and advertisers. It also says it has enhanced its app review process to require developers "to justify the data they're looking to collect and how they're going to use it — before they're allowed to even ask people for it."

Still, the sources inside Facebook acknowledge that such measures cannot guarantee that some people won't succeed in mining Facebook data and passing it off to third parties.


On Capitol Hill, the talk of regulation is growing louder. Lawmakers seeking tighter restrictions on big tech feel even more emboldened than they did in the wake of revelations about Russian meddling in the 2016 election, a source on Capitol Hill told CNN.

Democratic Senator Amy Klobuchar has called on Zuckerberg to appear before the Senate Judiciary Committee, on which she serves, to explain "what Facebook knew about misusing data from 50 million Americans in order to target political advertising and manipulate voters."

Meanwhile, Zuckerberg and the rest of the Facebook leadership seem conspicuously absent. Neither the Facebook CEO nor his top deputy, Sheryl Sandberg, have commented publicly on the matter. They have left that task to Grewal, a lawyer. No one has provided an adequate explanation for why Facebook did not disclose Kogan's violation to the more than 50 million users who were affected when the company first learned about it in 2015.

"We are conducting a comprehensive internal and external review and are working to determine the accuracy of the claims that the Facebook data in question still exists. That is where our focus lies as we remain committed to vigorously enforcing our policies to protect people's information," Grewal said in a statement Sunday.

All of this comes as Facebook is already getting questions about the long-term appeal of its platform, at least in the United States. The number of daily active users in the United States — a whopping 184 million — declined for the first time last quarter. Facebook also lost 2.8 million users under the age of 25 last year, and is set to lose another 2 million this year, according to eMarketer.

The Cambridge Analytica scandal is likely to hasten user disenchantment with the network, sources inside Facebook acknowledged. Facebook is increasingly being seen as a platform vulnerable to manipulation by political groups, foreign governments, or worse.

Ultimately, however, the real culprit in the eyes of the American public may not be Cambridge Analytica or the Russians, but rather Facebook itself.

http://money.cnn.com/2018/03/19/technology/business/facebook-data-privacy-crisis/index.html


Member when I posted this back in 2018 and kats thought I was talking nonsense


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Just going to quote some of the classics..

Personally I think we are watching the slow end of Facebook. Even before this breach the platform was in trouble... It is trying to do too much for everyone and grew to large. Because of its growth it's had to sell it's soul through advertising and data sales.

I've already seen this game before and it did not end well..

Myspace 2.0
Actually it is... Did you not see the part about the slow decline in membership.

"All of this comes as Facebook is already getting questions about the long-term appeal of its platform, at least in the United States. The number of daily active users in the United States — a whopping 184 million — declined for the first time last quarter. Facebook also lost 2.8 million users under the age of 25 last year, and is set to lose another 2 million this year, according to eMarketer."

All it takes is another upstart platform..... that comes out promising to simplify the process...

This is almost exactly how Facebook took the juice from Myspace.... Myspace's profile page got bloated with Ads and other shit. They were trying TV and Music.. and the shit got slow. Anyone could create a myspace page... so kats started getting hit with Spam profiles.

Facebook came in with this exclusive membership promise and a simplified page like Google. It didn't have ads.

But when you look at it now.. Yes it is more Profitable then Myspace ever was, but it's starting to make the same mistakes.

Remember when Yahoo was the Top banana in searches, but started to add so much to the user experience that it became burdensome to use... and then Google came in with this slick and simplified User page.

The brilliance of Google is that even though they do basically the same thing as facebook with the data mining... they wisely found other ways to profit and continued to maintain their slick User page...
Instagram has it's one problems...


But as for facebook..

I saw the beginning of it's slow downfall late 2016... and instead of reversing course and fixing the problems.. It has just continued to make things worse.

From a Business perspective.. I also have to use it, but the writing is on the wall. It's only a matter of when. And it's not going to be us that make that determination... Its two generations below us. Those are the members that Facebook needs to maintain growth and that generation... Likes shit, quick fast and easy.. They also like shit to be cool and popular. Right now facebook has the popular part down, but it is no longer cool, quick or simple.
What ever you say fam..

The one thing that I've gotten good at is seeing trends... I called the housing bubble, when I saw the subprime mortgage issues with elder clients.... I called the student loan crisis, when I saw the drastic increase in student loan debt, coupled with a struggling economy and weak market for post graduate jobs and I've been seeing the pattern in facebook for a couple years...

While I still see people post alot...

I have seen alot of hipsters in coffee shops and some high school age kids talk about how they are sick of all of the negativity that they see on facebook and are tired of seeing people overshare... they bring up the same thing that you mentioned. "They hardly log on"..

I use to be on facebook all the time.... but because of the election and the some of the newly discovered racist friends.. I went down to a irregular poster and then when I discovered that the facebook App and Facebook page are resource hounds... I went down to sporadic poster.

This is a growing trend... hence these types of articles.

I do agree that it's not going away for a while.... but if facebook doesn't make some significant changes... It can't last as is
Looks like I'm not only one that noticed the growing problem with Facebook... Nobody Young is using it.

Facebook will become MySpace, says FANG-focused fund manager

A fund manager of a FANG-focused ETF thinks Facebook Inc. is destined to turn into MySpace.

“Any social media platform, in time, is going to become MySpace,” said Sabretooth Advisors chief investment officer Scott Freeze, who manages the New Tech and Media ETF FNG, +0.13% “Nobody young uses Facebook.”

Freeze said the latest debacle involving Cambridge Analytica’s access to user data “quickens the demise,” as people are going to be less inclined to use Facebook’sFB, +2.09% service in the wake of the latest controversy. He doubts that Facebook will be able to monetize its Instagram property, which has escaped much of the backlash, in the same way that the company monetizes the core Facebook platform.

“It’s a great service, a great idea, but you’ve got a lot of people letting their political views interfere,” he told MarketWatch.

A key concern for Facebook investors, according to Freeze, is the E.U.’s plan to make users opt-in to sharing certain information, rather than opt out. “Nobody” is going to actively opt in, he said, which could “really handcuff what they do advertiser-wise.” He added that he wouldn’t be surprised if the U.S. government moved toward a similar policy over time as it continues to scrutinize data-privacy and other issues.

Freeze no longer considers Facebook to be behaving like he imagines a FANG stock should—he feels the same way about Google-parent Alphabet Inc. GOOGL, +0.98%for that matter—and thinks that rapidly expanding Square Inc. SQ, -0.49% is a better bet, even with its shares up 247% in the past year. Square has “more upside potential than Facebook does,” according to Freeze.

Facebook shares are up 2.2% in Wednesday trading and 24% over the past 12 months, compared with a 16% rise for the S&P 500 SPX, +0.68% and a 20% gain for the Dow Jones Industrial Average DJIA,


https://www.marketwatch.com/story/f...ace-says-fang-focused-fund-manager-2018-03-21

If the E.U. does this.... and if the US follows... Facebook is fucked.

With all the money that facebook is spending on purchases and technology.. They will have to find an alternative income stream.. Either premium Subscription services or Direct Ads on the home screen.
 
They have enough funds to buy out the next platform that people will flock to but they would have to beat Google to the punch. Imagine if facebook could buy instagram, whatsapp, ... whatsnext.
 
Facebook’s public strategy outgrew Sheryl Sandberg
The company's public strategy has changed as its challenges moved from business to politics.

Nope…

Sheryl Sandberg was under investigation at Meta for using corporate resources to plan her wedding, report says


 
They don't sell the data. In tech, that means a very specific thing. It's literal. Selling access to an ad platform that uses the data does not qualify.

It's not a semantic argument either. There are literally companies that "sell data".

Can I skirt prostitution laws by charging admission to a brothel and you can have sex once inside?
 
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