Facebook had revenue and profitability problems up until 2016. They had raised many billions of dollars in funding and went public in 2012 with a valuation of about $100 billion. Facebook had many years of problems solving the problem of generating a lot of money from advertising. Facebook needed all the income and revenue that …
We have reported some on the many problems and bad behavior that have been revealed about Facebook. Facebook Propoganda and Bullying Facebook pushes negative stories about its competitors. This is quite clearly using the technique of Propaganda. There is a favored tactic of very bad historical governments. The Soviets or Joseph Goebbels were primary users …
1. A 16-year-old South Sudanese girl was sold off for marriage to the highest bidder on Facebook in November. Facebook says it removed the post as soon as it became aware of it, but by then the girl had already been married off. Child marriage is illegal in South Sudan, but the practice remains widespread …
CEO Tim Cook blasted Silicon Valley technology companies and their abuse of user privacy. Tim gave the keynote address at a privacy conference in Brussels Wednesday. Facebook and Google make most of their money from advertising. Cook said * Personal information is being weaponized against us with military efficiency. * Every day, billions of dollars …
On the afternoon of Tuesday, September 25, the Facebook engineering team discovered a security issue affecting almost 50 million accounts. They are taking this incredibly seriously and wanted to let everyone know what’s happened and the immediate action they have taken to protect people’s security. Attackers exploited a vulnerability in Facebook’s code that impacted “View …
Google has over 90% of the world’s searches. Source: StatCounter Global Stats – Search Engine Market Share Facebook has 65% of social media. Source: StatCounter Global Stats – Social Media Market Share < href="http://www.visualcapitalist.com/chart-shows-amazons-dominance-ecommerce/">Amazon has almost 50% of all eCommerce sales in the USA. How does the information that Google and Facebook has on their …
Faceboook has dropped $120 billion in early trading to $500 billion. * Facebook had 42% year-over-year revenue growth this quarter. They expect high single-digit drops each quarter to year-over-year revenue growth over the next few quarters. People will get more privacy options. They expect currency issues. Daily active users hit 1.47 billion, up only 1.44%. …
Social media and other attention-based internet platforms have certainly captured our attention: adults in the U.S. spent nearly six hours per day on digital media last year. The business model of many of these digital platforms—targeted ad revenue—is relying on user data collection, AI and other technology tools, design, psychology–even neuroscience–to keep users glued. At …
Alexa ranks Reddit as the third most popular website after Google and Youtube. They have just passed Facebook. In July 2017, Reddit raised $200 million for a $1.8 billion valuation, with Advance Publications remaining the majority stakeholder. Facebook has a valuation of $562 billion. Quantcast ranks Reddit at tenth. Quantcast focuses more on unique visitors. …
Oculus Go is a new standalone VR (Virtual Reality) headset with pricing starting at $199. Oculus Go is the easiest way to jump into VR. With a 538ppi 2560 x 1440 WQHD, fast-switch LCD display, we’re able to offer the best optics of any VR system we’ve built at our most affordable price point yet. …
The Beijing municipal government is easing visa policies and offering cash incentives of up US$158,000 to attract top class global talent to work in the capital, as China competes with the US and other countries in artificial intelligence and life sciences (biotech). The local government will fast-track qualified individuals’ multiple entry visas valid for up …