prob not a secret but my fav topic. It's why we launched DCN and all its principles around trust in 2014 - brands are proxies for trust. "You know what you're going to get!" NBC's brands ooze trust for news and entertainment with both viewers and advertisers. /1 #WhyTrustMatters
Trust by definition means a dependable, reliable value exchange built off relationships, experiences together, and even other trusted relationships brought to the table… and yes it does involve transparency when there is a gap. #WhyTrustMatters /2
for consumers, it makes life simpler because they know what they're going to get from that brand whether a consumer product, auto brand, a service or from a news or entertainment company, channel, series, etc. #WhyTrustMatters
for advertisers, same holds true as they make decisions where they're placing their brand as they seek to create demand and desire. It's why I'm bullish to see advertisers spending more time wanting to be certain where their ads and investments are going. #WhyTrustMatters /4
Also, in the time we're living, also important to point out research shows trust is best created in times of vulnerability. eg it's why major news brands to services like Consumer Reports had a strong year in 2020 with their consumers. /5
ok, will stop there but thrilled to see this topic bubble up with industry leaders and hat tip to @lindayacc for inspiring it. here is her important post to get her full thoughts on #WhyTrustMatters /6 together.nbcuni.com/news/why-trust…

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More from @jason_kint

11 May
If you work in advertising, adtech, media, or loathe Facebook, Inc, today’s NYT Daily is amazingly strong. Isaac does a remarkable job at peeling back the real motivations and importantly business impact of data protection to Facebook’s core biz model. /1 podcasts.apple.com/us/podcast/the…
My opinion is Mike Isaac prob was able to cut through the noise (FB needs to spin and fight this without showing its soft underbelly) because of years of covering the company plus digging deeper on back story which he did in this outstanding report. /2
In backstory, I just connected dots Apple-FB’s Davos showdown was Jan 2019 immediately ahead of Germany decision vs Facebook. Little doubt that Cook telling Zuckerberg he should purge all data collected outside of FB apps also played a role in FB rushed announcement. /3
Read 9 tweets
11 May
Here is your problem, “BSI”: None of this harmful content appears on any of our trusted, “managed” news sites except when doing the costly reporting on it. They ALL show up on your funding sources of unmanaged user-generated content at Facebook, YouTube, Instagram, et al. (1 / 4)
Same challenge exists with the unbridled adtech supply chain you built allowing for surveillance and audience targeting detached from the high-reputation content around the ads shifting value to wherever the data can be aggregated at scale and used on the cheapest content (2 / 4)
So I recognize the work you’re doing but until tools influence spending at the domain/brand reputation level, this is all a charade distracting from the problems of accountability and trust. Excluding high-reputation pubs based on keywords is dumb. cc Google. (3 /4)
Read 5 tweets
10 May
We need more reporting on this but this report suggests Facebook is continuing with its forced integration of WhatsApp, Blue app, IG restricting features if users don't allow surveillance data flow. (1 of 5)
Instagram chief @mosseri weirdly (no one else has any trust) was the main FB leadership voice defending WhatsApp earlier this year when public became concerned they were going to require sharing your data with Facebook. Every one of his statements should be reviewed. (2 of 5)
This is why the German Federal Cartel Office (@Kartellamt) decision is so important as it mandates Facebook can't collect and use data across its dominant apps. It's also why the Digital Markets Act is on the right track, @vestager. (3 of 5)
Read 6 tweets
9 May
I moved on to larger matters even before wed advice about a certain Facebook account but having listened to Swisher interview of Alan Rusbridger, just want to highlight two important points we can’t overlook.
1) @karaswisher redirects towards how platform is different than historical media due to its microtargeting (thereby suppression of counter-speech) and how it provides accelerating velocity and reach to harm. When people compare simply based on # of followers, it misses this.
2) lack of use of newsworthy exemption means Facebook was bending rules for head of state due to their power. This is entirely a conflict of interest and a loophole considering their power was a result of their abuse of the platform. It’s similar to not indicting for obstruction.
Read 4 tweets
8 May
Finally. This @arstechnica report covers most of what Facebook press is missing and I still believe is one too many FB fails to properly disclose risk. It’s also a PR disaster for them as the poster child of surveillance. Read the comments section. Brutal. arstechnica.com/gadgets/2021/0… ImageImageImageImage
It comes on the same week as this brutally candid and accurate takedown by @Trevornoah. You ok, @andymstone? This is what happens when you mislead consumers, advertisers and investors.
Here is some of the early data referenced by @samuelaxon. As he notes, we don’t know if Facebook is a bit better or worse than average. They’re misleading users claiming they may not be able to stay free so that could give them a point or two although no one prob believes them.
Read 4 tweets
7 May
good report. My only strong caution is paying too much attention to average CPMs as they won't capture how welfare shifts nor indicative long-term as $ will flow away from tracked-out users before boomeranging back once 90%+ can only be reached this way.
Although I would like see where Facebook claimed this "could even be a tailwind" for its business having up to 95% of users opt-out of its surveillance economics. The only time I recall a hint of that word "tailwind" was from an analyst at earnings.
I ask b/c I still strongly believe this is a major risk to Facebook's biz. At the same time, if the market, regulators and public understand this as fact it will boost the German Federal Cartel Office, FTC, state AGs and every regulator globally creating much more risk.
Read 4 tweets

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