BREAKING: Huge Facebook news

[cyclonespiker33]

If I were a rich as Zuck I'd be taking Landjet everywhere.

Only when my airjet is in the shop

 

[Clark]

I mean Facebook sucks a big one but I fail to see how it's a "monopoly", being the biggest and most well-known doesn't constitute an unlawful business practice. There's tons and tons of other social media outlets out there, copies of copies of stuff. Then again, I guess it can't really hurt, but just passing off WhatsApp and Instagram isn't gonna change much.

isn't instragram what makes them profitable? If they lose that, do people under the age of 30 even bother with facebook?

 

[cyputz]

Google knew this was coming eventually and is why they did did what they did a few years ago. I wonder how this will work with google because google is now owned by Alphabet. Alphabet has all of the subsidiaries. From wikipedia, As of September 1, 2017, their equity is held by a subsidiary known as XXVI Holdings, Inc. (referring to the Roman numeral of 26, the number of letters in the alphabet), so that they can be valued and legally separated from Google. At the same time, it was announced that Google will be reorganized as a limited liability company, Google LLC.[24][25]

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Spot on.

Most corporations do extremely well proactively to address such concerns.
They take care of No. 1 first!

 

[MeowingCows]

isn't instragram what makes them profitable? If they lose that, do people under the age of 30 even bother with facebook?

They're making a killing no matter what, Facebook itself is far from dead and has to be a money-printer from data collection/sales/ad revenue alone.

 

[isucy86]

The Federal Government has lost control of corporate regulation and allowing mergers and acquisitions to help the Google's, Facebooks and Microsoft's to expand their size.

Another area that ticks me off is government entities (state or local) giving tax benefits to corporations to move. Just saw this morning where Tesla is moving from CA to TX. I have no love loss for CA, but government entities shouldn't be subsidizing corporations.

I might give some wiggle room if the tax benefits help develop an economically depressed location.

 

[motorcy90]

This is massive massive news. Not necessarily surprising but huge nonetheless.

Facebook must be broken up, the US government says in a groundbreaking lawsuit

Dozens of states and the federal government sued Facebook on Wednesday in twin antitrust lawsuits, alleging that the social media giant has abused its dominance in the digital marketplace and engaged in anticompetitive behavior.

www.cnn.com

yeah a totally free social media service (I know they use the information on the back end to sell adds and other **** lol) is completely in need of a break up... or maybe other services can actually come up with a new/unique idea that works... I mean Twitter is doing just fine..

 

[Clark]

They're making a killing no matter what, Facebook itself is far from dead and has to be a money-printer from data collection/sales/ad revenue alone.

Right now, I'm sure they are. We'll see what happens. Apple found ways to move into different areas to stay relevant. Facebook could too.

 

[Clark]

yeah a totally free social media service (I know they use the information on the back end to sell adds and other **** lol) is completely in need of a break up... or maybe other services can actually come up with a new/unique idea that works... I mean Twitter is doing just fine..

that's kind of the problem here, no?

The government isn't going after facebook because they give a **** about how many page views they have or what their market share of the industry is.

 

[TitanClone]

And Google goes untouched? Hmmm. Hypocrisy runs deep. I've said for 20 years the definition of 'monopoly' laws needed to be updated to accommodate technological advances. Or Microsoft. It took an 'open source' operating system to threaten their dominance. It's despicable that it came to that. All that said, how on earth do you break up a social platform? It's not like steel or AT&T or Standard Oil. The whole idea behind social networking is being able to reach people across the globe. This is going to be fun to watch.

With so many things moving to the cloud I agree, before that I probably wouldn't have. One problem is it's hard for businesses to justify using Linux over Windows or Apple OS since it's open source making it more likely to security vulnerabilities (I know Windows has the most known past issues of any OS, but that's simply because they have the largest market share so they receive the most targets). For example the company I work for is a healthcare IT company with a multi-billion dollar contract with the VA. I had to fill out a 75ish page background document basically telling them everything I've done (where I've lived, who I've lived with, have I ever done drugs and if so when, etc....) for the past 10 years just to access their domains for investigations. All of our other clients I just click a button and then my manager clicks a button to approve. No way in hell the VA would let us in if we were using Linux.

 

[jbhtexas]

Also noteworthy today.

WSJ News Exclusive | Apple and Google to Stop X-Mode From Collecting Location Data From Users’ Phones

After the data broker came under scrutiny for national-security work, tech giants tell app developers to remove trackers or lose access to their operating systems.

www.wsj.com

Tryin' to make some friends. The big tech boys are scrambling. Those on both ends of the (insert-naughty-word-for-the-OT-forum-here) spectrum don't like them (for different reasons, of course), but nonetheless, it's pretty hard to escape the courtroom when both sides are after you...

 

[cyrocksmypants]

The Cinderella story of FB going from website created to judge how ugly Zuck’s classmates were to this monster conglomerate is almost as magical as the Cinderella story of this website going from a Fire Wayne Morgan website to what it is now.

 

[jbhtexas]

With so many things moving to the cloud I agree, before that I probably wouldn't have. One problem is it's hard for businesses to justify using Linux over Windows or Apple OS since it's open source making it more likely to security vulnerabilities (I know Windows has the most known past issues of any OS, but that's simply because they have the largest market share so they receive the most targets). For example the company I work for is a healthcare IT company with a multi-billion dollar contract with the VA. I had to fill out a 75ish page background document basically telling them everything I've done (where I've lived, who I've lived with, have I ever done drugs and if so when, etc....) for the past 10 years just to access their domains for investigations. All of our other clients I just click a button and then my manager clicks a button to approve. No way in hell the VA would let us in if we were using Linux.

I'm pretty sure numerous government agencies and contractors use the commercial implementations of Linux (i.e. Red Hat, commercial Ubuntu, etc.).

 

[06_CY]

I guess I don't understand the angle here and am probably missing a big part of it.

No end user is being forced to use anything facebook provides.

As smaller, start up companies, isn't a big part of the goal being bought by a larger, more established company? Guess I'm not seeing the big deal. Even if facebook buys them and shutters them, that's their prerogative.

As for Insta, how is spinning that off going to make a significant difference?

Like I said, probably missing important parts of this, but don't see why it's happening.

 

[Drew0311]

Facebook had to see this coming when they started censorship on one side of the isle and that side was going to get revenge

 

[DarkStar]

 

[demoncore1031]

MySpace ..... Back from the grave, b*tches!!!

But seriously. **** Facebook

Myspace was awesome. I used to charge people to design their pages, including DeSean Jackson when he was an NFL rookie.

 

[Cyclonepride]

Also noteworthy today.

WSJ News Exclusive | Apple and Google to Stop X-Mode From Collecting Location Data From Users’ Phones

After the data broker came under scrutiny for national-security work, tech giants tell app developers to remove trackers or lose access to their operating systems.

www.wsj.com

They're next

 

[Cloneon]

With so many things moving to the cloud I agree, before that I probably wouldn't have. One problem is it's hard for businesses to justify using Linux over Windows or Apple OS since it's open source making it more likely to security vulnerabilities (I know Windows has the most known past issues of any OS, but that's simply because they have the largest market share so they receive the most targets). For example the company I work for is a healthcare IT company with a multi-billion dollar contract with the VA. I had to fill out a 75ish page background document basically telling them everything I've done (where I've lived, who I've lived with, have I ever done drugs and if so when, etc....) for the past 10 years just to access their domains for investigations. All of our other clients I just click a button and then my manager clicks a button to approve. No way in hell the VA would let us in if we were using Linux.

Apple OS is a superset of Linux. When Steve Jobs returned from NeXT, that's one of the first things he did. As for 'tempest', I worked for the military 'red-book'. Linux is every bit as secure and for most applications, far and away more secure as it can be compiled non-bloatware. That said, if I had a nickel for every political position which was 'bought', I'd be .... well ... taxed a lot more.

 

[Dopey]

If nothing else, I have the utmost confidence that people like Dianne Feinstein and Chuck Grassley will be able to navigate these complex, technology focused issues.

 

[tman24]

If nothing else, I have the utmost confidence that people like Dianne Feinstein and Chuck Grassley will be able to navigate these complex, technology focused issues.

you mean this guy