[ad_1]
For most of the past year, Mark Zuckerberg has been trying to convince the world that it is a world of public opinion and will spend what it takes to exercise its power responsibly. Many still have trouble believing him, and it's easy to understand why.
Every time it seems as if Facebook is making progress against the hackers, spammers, and trolls hell-bent on turning it into a haphazard of hate speech and fake news, new problems surface. It's gone to huge lengths, for example, to all its work. But Tuesday, just before Facebook released its results, Vice News reported that it has been tried on place by the United States. Facebook approved them all.
Screwups like this one has a two-year-old event, seemingly unending. Zuckerberg and his executives and engineers are some of the smartest, most experienced and well-funded talent in the world tackling these problems. Yet they keep looking like villagers who are using their fingers to keep their dam from leaking.
Holding Facebook accountable is critical. But that obscure discussion an important alteration going on at the company: For most of its existence, users associated with the site. That's changing, and fast, Zuckerberg said the company reported third-quarter financial results on Tuesday.
Facebook Twitter Facebook del.icio.us Facebook Myspace Twitter Delicious Diggit Digg StumbleUpon Google Translate to English: Facebook, Twitter, LinkedIn, and How to Buy WhatsApp and Messenger, the world's largest revenue generator. Zuckerberg said, referring to it, referring to it, referring to it, referring to it.
Facebook is still a financial juggernaut. It reported profit of $ 5.1 billion in the third quarter of $ 13.7 billion. But it has been telegraphed when it has been reported, its growth has slowed precipitously. Investors had gotten used to double-digit percentage growth in everything at Facebook every quarter. But in the third quarter, Facebook's profit increased 9 percent over the same period, the slowest rate of increase in more than three years; moreover, third-quarter profit has increased by 1 percent from the second quarter.
Why is this happening? In addition to the trillions it is spending more on its policies, more of its users. Facebook eyeballs generate less money. Investors were prepared for, and willing to accept, the explanation: Facebook shares rose 3 percent in after-hours trading.
Zuckerberg said the self-imposed splintering of Facebook is one of the most popular social networks in the world. "If the last 10 years at the community, the next will be about building communities," he said. He talked about how to create, buy, buy, fund-raise and find a date. He said that the shift was happening so much that he had a lot of fun with Facebook Stories would surpass that of News Feed.
He also said that users were gravitating to video on Facebook's Watch platform, rather than News Feed, that he had changed his position on the video's negative impact on the Facebook user experience. In News Feed, he said, too much video promoted passivity and did not promote social behaviors. He said that when it is distributed in its own section, where do you really want to go?
It's already well-known that they have already been sketched, and now they have been doing things like visions of "making the world more open and connected" and "moving fast and break things." That's a good thing, because the new Facebook-the place where hackers, spammers and trolls run wild-is dead.
More Great WIRED Stories
Source link
