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Facebook shares plummet because profits grew just 7% in 2019 compared to 61% in 2018 techcrunch.com/2020/01/29/fac…
Facebook's 2019 expenses grew $47B, up 51% vs 2018. Content moderation & safety costs are strangling the golden goose
Facebook warns the world's sudden interest in privacy will hurt its ad targeting & revenue, even as user grow:
-GDPR & California's CCPA
-Anti-targeting in browsers, iOS, & Android
-Fb's own privacy tools (some mandated by FTC) techcrunch.com/2020/01/29/fac…
Facebook will pay $550M to settle an Illinois class-action suit over its facial recognition Tag Suggestions feature, though penalties could have reached $35B techcrunch.com/2020/01/29/fac…
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Josh Constine
@JoshConstine
Instagram now lets you clean up your feed by revealing who you see most & interact with least
Instagram's unfollow suggestions make sure you don't clog your feed with courtesy or pity follows, or oversharers tcrn.ch/3bhIhxR
The denser the quality of your Instagram feed/Stories, the less likely you are to bounce, so the more ads you’ll see. Better user experience + more revenue = win techcrunch.com/2020/02/06/ins… tip @Techmeme
Read 4 tweets
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Josh Constine
@JoshConstine
Very clever. Hoop hit #2 with its Tinder built on Snapchat's Snap Kit, but you have to invite friends or watch ads to earn right swipes
By copying Facebook's platform strategy, Snapchat protects itself from Facebook copying its features. Can't ditch Snap if you need it to try new apps techcrunch.com/2020/02/05/hoo…
I warned that Snapchat desperately needed a developer platform three years ago. It built one, and is now entrenching itself as a mobile identity provider techcrunch.com/2017/04/19/no-…
Read 3 tweets
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Josh Constine
@JoshConstine
Bitmoji TV launches Saturday. It's funny, addictive, and one thing Facebook can't copy.
"We really believe that we have invented a new category of entertainment. It's scripted but it's personalized" Bitmoji TV CEO/Director @BaBlackstock tells me techcrunch.com/2020/01/30/bit…
@BaBlackstock 70% of daily Snapchat users aka 147M have made a Bitmoji. Snapchat paid just $62M to acquire it. Now Bitmoji TV could monetize avatars with ads and premium/sponsored clothes techcrunch.com/2020/01/30/bit… tip @techmeme
Read 3 tweets

Related threads

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DIXIE DOODLE
@DIXIEDOODLE12
1-🧵👉#TVsGoldenAge 📺 Vs. Today's Filth
Santa Clarita Diet🥩 #Cannibalism🤮
Depicts #Lucifer as cool

Boiled🐸👉slowly desensitize
Goal👉TV in all 🏡= viewing addiction

📺👉

Real Reason #TVsGoldenAge
To Catch 🐭, Insert 🧀

📰👉jamesperloff.com/2018/04/27/the…
2- 🧵 #TVsGoldenAge VS. 2Days Evil Shows!
Coincidence, in👆above vid, #JamesPerloff mentions in 1960s, TV began slow downward spiral of degrading innocence, slowly adding: witches, aliens, magic, violence, cursing...

LOOK👇👇👇#HaysCode is Replaced👇👇👇

3- 🧵 #TvsGoldenAge VS. 2days #EvilShows!
Find out REAL reason for TV's Golden Age, by reading GREAT article📰👇 below- #JamesPerloff

Remember to catch🐭, insert 🧀. Which is exactly what they've done; got a TV in every home & "Viewing Habit" ensues.

Read 62 tweets
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Chris Hughes
@chrishughes
If you've read my piece on why now is the time to break up #Facebook, and you want to learn more about the topics of corporate concentration and breaking up monopolies, here's a recommended reading list: medium.com/@chrishughes/a…
The best primer on the topic is "The Curse of Bigness." Written by @superwuster, it makes a case that antitrust has always been about holding the most powerful accountable. indiebound.org/book/978099974…
After reading #CurseofBigness, go deeper on the link between inequality and antitrust in a paper called “Market Power and Antitrust.” Its authors, @linamkhan and @sandeepvaheesan, have gone out of their way to make the writing accessible and lucid. papers.ssrn.com/sol3/papers.cf…
Read 12 tweets
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Henry Farrell
@henryfarrell
1. @ANewman_forward and I have a piece in the @FT, on #Facebook and privacy, building on our brand new book, Of Privacy and Power amzn.to/2TWwVWi. Short version - the reason why Facebook is pushing for privacy law goes back to @Snowden revelations. ft.com/stream/ec33ce8…
2. There's a new narrative about Facebook's embrace of #GDPR (@alexstamos gives one recent version of it) - that GDPR is good for companies like Facebook, because it is complex and easier for big companies to comply with than small upstart competitors. Not altogether wrong,
3. but not really right either. Facebook's ginger embrace of European style legislation is making lemonade out of lemons. Zuckerberg would surely have preferred a world with no privacy legislation, where companies were left to self regulate, and market mechanisms predominated.
Read 22 tweets
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Paula Chertok🗽
@PaulaChertok
Another bad day for #Facebook: Psych researcher Aleksandr Kogan who helped #CambridgeAnalytica mine private data from 87 million Facebook users sues FB for defamation. Almost a year to the day since we first learned of the massive privacy breach scandal, which FB blamed on Kogan.
🔥"This is not democracy, spreading lies in darkness, paid for with illegal cash…It's subversion & you are accessories…handmaidens to authoritarians"—brilliant @carolecadwalla @TEDTalks on technology platforms & election manipulation—#Brexit #Trump #CambridgeAnalytica #Facebook
#Facebook Expects to Be Fined Up to $5 Billion by FTC For Privacy Breaches, including 87 million users' data harvesting scandal by Aleksandr Kogan for #CambridgeAnalytica, Bannon's political consulting firm building voter profiles for Trump campaign nytimes.com/2019/04/24/tec…
Read 5 tweets
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#SOULWAR
@CatesDuane
THE HIDDEN WAR
1. There is a Hidden War underway Folks.
THE OPIOID CRISIS
THE CARAVANS & FLOOD OF ILLEGALS
THE WAR ON COPS
These 3 Fronts of this Covert War are being fomented by THE SAME ENEMY=The Left, both Foreign & Domestic.& none of this is
"just happening"
2. In the 8 Years of the Obama Regime Our Open Borders were exacerbated by the DNC's determination to flood the Nation with Illegals replacing Blue Collar Democrats
Drugs POURED in & now we have an Opioid Crisis Trump's trying to address & fix.
3. After Trump won the Election the Left got rocked back on it's heels in shock. But now we see their response taking Form.
FLOOD America with Illegals & Drugs.
Fentanyl, The Caravans & The War on Cops can all be laid at their feet.
ALL the Org.s fomenting this are on the Left.
Read 14 tweets

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