Technology & Social Media Facebook ..

Discussion in 'Living Room' started by willair, 27th Jul, 2018.

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  1. willair

    willair Well-Known Member Premium Member

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    willair, 27th Jul, 2018
    #1
  2. LVR

    LVR Well-Known Member

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    I think their (Facebook's) dodgy uses of algorithms, shady data collection, and censoring of conservative leaning posts has done it a massive disservice. There is an obvious double standard going on, and it puts people off. No sympathy.
    Are those other Companies losses recent, or their worst days on record from the past?
     
    LVR, 28th Jul, 2018
    #2
  3. hammer

    hammer Well-Known Member

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    Facebook as a company fundamentally trades on trust....

    The moment people stop trusting it will be the moment it ceases to exist.
     
    hammer, 28th Jul, 2018
    #3
    Phar Lap and LVR like this.
  4. ShireBoy

    ShireBoy Well-Known Member

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    Those numbers are the current market caps.
    To put in context that Facebook shed the equivalent of the value of McDonalds in one night, for example.
     
    ShireBoy, 28th Jul, 2018
    #4
    Perthguy and Silverson like this.
  5. Silverson

    Silverson Well-Known Member

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    They're market caps!! It's almost like CBA going bust over night
     
    Silverson, 28th Jul, 2018
    #5
  6. ShireBoy

    ShireBoy Well-Known Member

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    If you look at a chart of Facebook over 5 years, this drop is barely a blip, though. The billion dollar question is whether FB will recover, like it did back in March, or the beginning of the end for old Zuckerberg.
     
    ShireBoy, 28th Jul, 2018
    #6
  7. TMNT

    TMNT Well-Known Member

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    Poor Zuckerberg.

    That's a few less whatever super expensive things he buys he can afford now..


    At least my shares didn't drop:D:D:eek::eek::eek::eek:
     
    TMNT, 28th Jul, 2018
    #7
  8. val

    val Well-Known Member

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    i've got some cash in my US broking account and was gonna get some fb shares when they dropped 20% but think i'll keep it in reserve
     
    val, 29th Jul, 2018
    #8
  9. Phar Lap

    Phar Lap Well-Known Member

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    Def the trust thing.......Ive never trusted it therefore never used it.
    Very dangerous thing IMO.
     
    Phar Lap, 29th Jul, 2018
    #9
  10. AndyPandy

    AndyPandy Well-Known Member

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    So anyone buying yet?
     
    AndyPandy, 1st Aug, 2018
    #10