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I think Facebook is very desperate and they don't seem to have a choice. You see, Facebook has Facebook.com, Instagram and Whatsapp. Facebook.com has already

I think Facebook is very desperate and they don't seem to have a choice. You see, Facebook has Facebook.com, Instagram and Whatsapp. Facebook.com has already reached it's peak and is not going to grow. Instagram is likely to have the same trajectory as Facebook.com and Whatsapp is not making them money anyways. They failed to get into any new market or come up with any decent product. And they are supposed to compete with Google, which is competing on all fronts with extremely competitive offerings. * Google Search * Gmail * Android * Youtube * Chrome * Chrome OS * Google Drive * Google Analytics * Google Docs * Google Cloud * Google Apps * Google Maps And they seem to be constantly trying new things (Stadia seems to have a really good chance to compete with PS and Xbox and get them a holding in gaming) And Facebook keeps pushing out pathetic moves like this and all their acquisitions that were supposed to help them get into new markets and sectors (Oculus, Parse, etc) seem like failures. Acquisition of Instagram bought them another 10-15 years and they should be just very lucky to keep making the right call and buy the next Instagram)

passalong2019 8y ago
> extremely competitive offerings Chrome OS Have you followed news recently? It's dead.
- ddalex 8y ago
  At least they not afraid to kill semi failures
- xerosis 8y ago
  Genuine question as I don't: what news?
- askvictor 8y ago
  Explain why? They've stopped their hardware dev team, but the os development continues
threeseed 8y ago
You can't possibly be serious. Google continues to make the majority of their money from advertising. And since those early days they have not released a single product which has helped to diversify their revenue stream. But they've had plenty of failures along the way. Facebook is far more interesting in terms of diversification. Payments via Messenger/WhatsApp is going to be great for them and is already doing well. Spilling over into web services e.g. Dating is equally looking promising. And they've done okay in the enterprise space with Workspace. Fact is that it's far harder to switch social graphs than it is to switch search engines.
- emilsedgh 8y ago
  Did you just discard Google Cloud, Youtube Rentals, Google Apps,etc but give Facebook credit for messenger payments?
  - CamelCaseName 8y ago
    Out of curiosity, are revenue / profit figures for YouTube Rentals, Youtube Premium, and YouTube Music available anywhere?
- daemin 8y ago
  The only big companies that seem to be able to diversify their income somewhat are Microsoft and Amazon. Microsoft makes its money from various products and services, and Amazon now makes a lot of money from AWS let alone its online shopping. Compared to those two Google and Facebook are one hit wonders.
  - morganvachon 8y ago
    Amazon loses money on their online shopping. It is their consumer-facing offering so it grows their brand, while they make their money via services like AWS.
    - breakingcups 8y ago
      Do you have a source on that?
jobigoud 8y ago
Don't forget Oculus. Facebook has a big foot in VR for better or worse.

passalong2019 8y ago

> extremely competitive offerings Chrome OS Have you followed news recently? It's dead.

ddalex 8y ago
At least they not afraid to kill semi failures
xerosis 8y ago
Genuine question as I don't: what news?
askvictor 8y ago
Explain why? They've stopped their hardware dev team, but the os development continues

threeseed 8y ago

You can't possibly be serious. Google continues to make the majority of their money from advertising. And since those early days they have not released a single product which has helped to diversify their revenue stream. But they've had plenty of failures along the way. Facebook is far more interesting in terms of diversification. Payments via Messenger/WhatsApp is going to be great for them and is already doing well. Spilling over into web services e.g. Dating is equally looking promising. And they've done okay in the enterprise space with Workspace. Fact is that it's far harder to switch social graphs than it is to switch search engines.

emilsedgh 8y ago
Did you just discard Google Cloud, Youtube Rentals, Google Apps,etc but give Facebook credit for messenger payments?
- CamelCaseName 8y ago
  Out of curiosity, are revenue / profit figures for YouTube Rentals, Youtube Premium, and YouTube Music available anywhere?
daemin 8y ago
The only big companies that seem to be able to diversify their income somewhat are Microsoft and Amazon. Microsoft makes its money from various products and services, and Amazon now makes a lot of money from AWS let alone its online shopping. Compared to those two Google and Facebook are one hit wonders.
- morganvachon 8y ago
  Amazon loses money on their online shopping. It is their consumer-facing offering so it grows their brand, while they make their money via services like AWS.
  - breakingcups 8y ago
    Do you have a source on that?

jobigoud 8y ago

Don't forget Oculus. Facebook has a big foot in VR for better or worse.