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Remember all the skepticism around here that scandals like Cambridge Analytica would affect Facebook and people using Facebook's positive press releases and fin
by mtgx 7y ago
Remember all the skepticism around here that scandals like Cambridge Analytica would affect Facebook and people using Facebook's positive press releases and financial results from like a month later as "proof" that the scandal didn't affect the company?
I said then it doesn't work like that. Give it a year.
- threeseed 7y agoFacebook is still growing though and the slow down in growth predates any of the scandals. So based on the evidence we have the theory that people are impacted by privacy concerns isn't founded. Also you are piggy backing on the slow down when the more logical reasons are (a) market saturation, (b) competitors like Instagram and (c) the growth impacts from younger users as Facebook's average age increases.
- rightbyte 7y agoWithout further insight into the numbers it's impossible to evaluate if FB is growing or not. I mean, imagine John Doe is logged into FB with some persistent cookie. Does every page view that contains an FB-thumbs up frame count as an interaction? FB could have hundreds of million thrice a year users that they count as active due to this. https://www.businessinsider.com/facebook-grew-monthly-average-users-in-q1-2019-4?r=US&IR=T https://www.businessinsider.com/facebook-grew-monthly-averag... "The world's largest social network is now even larger: Facebook reported 2.4 billion monthly active users (MAU) in Q1, per its earnings released Wednesday." So every third european is active on facebook.com each day. The number doesn't make sense at all. I guess it's hugely exaggerated.
- TuringNYC 7y ago>> slow down in growth predates any of the scandals. Not only that, but growth was inevitably going to slow down. They have literally capture a large part of the global population [that has access to network and phones/computers]. It is a fascinating problem -- when you stop growing because you have saturated the market. Now, not capturing the youth is a different issue, and one they should be more worried about.