Facebook debuts, social-networking stocks fall

[Mr Quatro]

Funny stuff the stock market that is ... from $195 a share to $160 and starting to swing back up due to the CEO's charisma probably.

https://seekingalpha.com/article/416...ng-opportunity

Facebook is poised to swing back this week, as Mark Zuckerberg testifies in front of the Senate Judiciary committee on April 10.

[Skybird]

I contunue to see a busines smodle like that of big social media compoanies as almost a perversion. Its no business that could be covered and assessed by classicel standards of economy,a dn thus imo is as dangerous and unpreidctable as is nuclear fission without the technical knowledge of how to keep it within stable paramters.

Also, take note of the despicableness and law-bending basic attitude of Zuckerberg that can be read in these emails from a long time ago:

https://www.theguardian.com/technolo...llege-messages

Zuckerberg appears to confirm in one message that he secretly hacked into the website of the Harvard University newspaper, the Crimson, by guessing the emails and passwords of two people in the college database.



"So I want to read what they said about me before the article came out and after I complained," he told a friend. "So I'm just like trying the email/passwords of everyone who put that they're in the Crimson. I wonder if the school tracks stuff like that."


In another message, Zuckerberg boasts about deactivating college students' accounts on the internal Harvard social network, ConnectU. "I got bored so I started deactivating accounts on ConnectU haha," the future cyber-grandee writes.


Zuckerberg jokes in another exchange that 4,000 people have submitted emails, pictures and addresses to his budding Harvard social network. "People just submitted it ... I don't know why ... They 'trust me' ... dumb ****s."

People do not change fundamentally. I learned that from Dr. House.


If you invets into this c0mopany, you help Zuckerberg to succeed and keep on going. If you think that is okay that he succeeds, then you only get from him what yoiu deserve. Probvlem is that by enforcing Facebook'S success, you pull a lot of people not nwanting that down with you as well.


The ethical dimension of "investing" is often overlooked these days. People invest into some health service provider and overlook that this compoany then must make profit to please its sharegholders by saving costs in the healths ector and hospitals. Other people invest into producers of controversial products and ignore what these products may mean for the wellfare of othe rpeople or nations. Or people inest into favcebook, and just do not care for the consequences of that company coming to power like it did.


Zuckerberg said he is sorry, and he said id so often over the past years, and avoided critical consequences, whereas some of the senators and congressmen were extremely badly prepared like this incompetent clueless fool asking how Facebook generates income. Zuckerberg's laconic reply: "We take out advertisments."


Maybe the plebs indeed deserves to get abused by Zuckerberg. Itzs just that there are the few of us who also get pulled down into the maelstrom of worrying changes and developments despite not wanting it and despite warning of it. This is the real injustice in all this. And the tragey is that many people in many countries need to invest into stocks of such quetionable, dubious businesses to form a safe founding for their high age, and cannot escape to also finance dirt like this. Becasue your bak adviuser or stocks broker doe snot tell you about these things, they only see numbers and graphs - and what they mean for themselves, their won profit that they make via your investment.



Its a situation that makes me wanting to voimit on it all. I had two reasons why I stopped being engaged in stocks: I found solid assessments to be made on business situations of comapnies becoming more and more unaccessible for laymen like me, althoiugh I taught myself over the past 6 or 7 years more abotu it than probbaly the average Joe does know, until I found that often I needed to acceopt foul compormises or throwing dice, and seocnd reason: increasing ethical scruples. I am well off, I coudl afford to not continue with that. But what should all those people (especially with families) do, who are not as well off like me (who is only responsible for himself and nobody else?



All this modern world's fundaments, its all a damn mess, me often thinks. A bloody damn mess.

[mapuc]

Correct me if I'm wrong

These two hearings which have taken place in Washington

Is mostly about the American FB - members
And any coming regulation to FB will be domestic to USA and perhaps Canada.
Here in Europe FB is running under the EU-laws or regulation.

Markus

[Skybird]

For the US, the IT industry, namely he big name slike Microsoft, Facebook, Google, Apple, are of utmost importance for their economy, first for generating economic profits, and second to maintain technological leadership that Europe has given up on already, and to maintain dependence of Europe from these branches. That the internet traffic infrastructure practically gets controlled by the US, does not help to make it any easier for the EU.

Any attempt by the EU to rigorously regulate or boycott or punish these actors, will be met with severe diplomatic pressure, lobbying and blackmailing by Washington. With Trump, even a trade war over these things is possible, too. Europe lacks an equal tool mof counter-pressuring the Americans, for the EU without the German industry must and will falter, and the German economy is hopelessly export-dependent, with the US being an important market, last but not least for cars.

Germany has surrounded itself with its many dependencies and vulnerabilities. Idiots.

[Mr Quatro]

Facebook is useful to staying touch with family and friends that you use to have to send cards to in snail mail (post office).

Out of these hearings I have heard Zuckerberg actually say that there will always be a portion of FB that is free ... what does that mean?

FB is going to start charging for posting images or posting silly political stuff or something like that?

[mapuc]

I think Zuckerberg are trying to or is planning on using people's fear

FB have become a mega huge addiction to millions if not billions of people and they are quite happy with a free FB

A FB that cost money is something these people fear and they couldn't care less if all of their information about their whereabouts on the Internet even the darkest information should be known by FB, as long as FB will be free of charge

That is how I understand it.

Markus

[Skybird]

Of course, a payware model always is the more transparent and fair one. Free ware models always are never free, but have the user being the product.

However:

why making yourself vulnerable to abuse by foreigners, strangers in the first, or a carrier company for such a service? Even if FB starts to charge users and promises it will no longer use user profiling to allow targetted advertising by companies - who says that they stick to it and resist the temptation of selling the users mevertheless? In last german national elections, we recently learned here in Germany, customers of the Postbank had their data sold to political parties for targetted campaign adverts. Legislation has been made in Germany so to allow, legalise and support big data selling from institutions, even federal institutions, to private business. The hunt is open - we all are the prey.

Zuckerberg's quote form back then really says it all:

"People just submitted it ... I don't know why ... They 'trust me' ... dumb ****s."

More you do not need to know.

[em2nought]

From what I see, Facebook is already going the way of Myspace into oblivion. It's for old people now after all.

[mapuc]

Have just been informed by FB that some of my friends have been logged on to this "This is your Digital Life"

Went through what they(forgot their name) could have used/taken/stolen from my profil.

It wasn't much, or should I say almost nothing.

That's because I have removed almost everything or set it to just me.

Markus

[Rockstar]

Zuckerburg said Facebook doesnt collect information you don't want them too. But it seems Terrogence Biometrics does.

The Face-IntTM database houses the profiles of thousands of suspects harvested from such online sources as YouTube, Facebook and open and closed forums all over the globe.

https://www.terrogence.com/capabilit...e-enhancement/

I've heard just clicking on the link above makes you a suspect

[Catfish]

^ "Tarrogance", nice company name. Ok, i clicked it a hundred times, i wonder what they think of me now lmao.


But this facebook thing is scary, and getting out of control

" [...] with the help of its "FBLearner Flow" AI technique, enables advertisers to serve targeted advertisements to users based on future behaviors and ways of thinking. ...[...]"

Minority report anyone?I bet China embraces this, but i fear they are far ahead.

Google translate:

https://translate.google.de/translat...n-4024377.html

[Gerald]

Facebook founder Mark Zuckerberg has apologised to European Parliament lawmakers for its role in the Cambridge Analytica scandal and for allowing fake news to proliferate on its platform.

Cambridge Analytica, which denies any wrongdoing, is accused of acquiring data from 87 million Facebook profiles for use in political campaigns.

http://www.bbc.com/news/technology-44210800

About time Mark!

[Eichhörnchen]

A few minutes ago I published my final post on my Facebook business page... I've decided it's of no use to me at all

[STEED]

FB gathers data even if you are a guest! Some of my friends have now pulled the plug on FB and even Twitter.

[STEED]

Facebook wants your naked photos to stop revenge porn

http://www.bbc.co.uk/news/newsbeat-44223809