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Facebook has a plan A and a plan B for dealing with competition. Plan A is to buy out competitors to acquire users and diversify their brand (Instagram, Whatsap
by mantap 7y ago
Facebook has a plan A and a plan B for dealing with competition. Plan A is to buy out competitors to acquire users and diversify their brand (Instagram, Whatsapp). Plan B is to use FB's overwhelming resource advantage to copy their product (Snapchat). It's fair to say that FB is well aware of what happened to MySpace.
Any potential "Facebook killer" needs to circumvent both of these tactics. Not impossible but not easy either.
- webninja 7y agoFacebook’s Lasso doesn’t seem to be killing TikTok
- adventured 7y agoZuckerberg went to Washington in September & October and took care of that. While he was busy with several other topics, you can be sure he leaned on the right members of Congress about TikTok. The US has a very strong interest in every possible regard to protect Facebook's dominance and to kill or restrain TikTok by forcing it apart from Bytedance or burying it through the app stores. If it gets separated from Bytedance it's either toast or it ends up in the belly of a US giant (or maybe even Spotify depending on the valuation).
- riffraff 7y agoEven if the us Congress somehow blocks tiktok, FB appears to be losing a lot of ground to it in the rest of the planet.
- fireattack 7y agoNot very familiar with this, what's FB's copy of Snapchat?
- nsomaru 7y agoFacebook copies features into WhatsApp and Instagram like “stories” which are posts that disappear and cannot be saved, a core feature of Snapchat