Facebook (FB)

Re: Facebook (FB)

Postby winston » Fri Jan 12, 2018 11:08 pm

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Facebook shares slip after News Feed overhaul

Source: Reuters

https://www.reuters.com/article/us-face ... ess%200900
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Re: Facebook (FB)

Postby winston » Sat Jan 13, 2018 8:13 am

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Mark Zuckerberg loses US$2.9 billion after announcing Facebook will prioritise friends over business

Facebook will now prioritise users’ friends and family, rather than news and businesses, to encourage conversation - and that’s sent shares tumbling

He kept saying he wanted Facebook to become a place for meaningful social interaction. His resolution for 2018 was to “fix” Facebook.

The aim is to reduce the time people spend aimlessly scrolling through Facebook less and instead encourage them to engage for a while in a meaningful interaction or two.

Zuckerberg said one expected result is a decrease in the collective time users spend on the site.


Source: SCMP

http://www.scmp.com/tech/leaders-founde ... te-changes
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Re: Facebook (FB)

Postby winston » Sat Jan 13, 2018 7:59 pm

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Trouble Is Brewing for Facebook, Inc. Stock

A warning from early Facebook investor Roger McNamee to fix the product is going unheeded

By DANA BLANKENHORN

Facebook seems to be reaching its growth limit. With 2 billion people now using its service, and China closed off to it, Facebook needs to create new services to grow. Instagram can kill Snap Inc (NYSE:SNAP), but that won’t solve the problem.

If Facebook can’t grow its consumer businesses, it can’t fill new data centers, on which it spent $7 billion last year.


Source: Investor Place

https://investorplace.com/2018/01/troub ... lnwy6iWaM8
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Re: Facebook (FB)

Postby winston » Sat Jan 13, 2018 8:58 pm

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Mark Zuckerberg Just Blew Up Facebook From the Inside

By Shira Ovide

Source: Bloomberg

https://www.bloomberg.com/gadfly/articl ... the-inside
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