Monday, February 12, 2018

Facebook Begins Its Downward Spiral

From Vanity Fair:
Stories about Facebook’s ruthlessness are legend in Silicon Valley, New York, and Hollywood. The company has behaved as bullies often do when they are vying for global dominance—slurping the lifeblood out of its competitors (as it did most recently with Snap, after C.E.O. Evan Spiegel also rebuffed Zuckerberg’s acquisition attempt), blatantly copying key features (as it did with Snapchat’s Stories), taking ideas (remember those Winklevoss twins?), and poaching senior executives (Facebook is crawling with former Twitter, Google, and Apple personnel). Zuckerberg may look aloof, but there are stories of him giving rousing Braveheart-esque speeches to employees, sometimes in Latin. Twitter, Snap, and Foursquare have all been marooned, at various points, because of Facebook’s implacable desire to grow. Instagram, WhatsApp, Oculus VR, and dozens of others are breathing life because they assented to Facebook’s acquisition desires. Meanwhile, Zuckerberg moved quickly to circumnavigate regulations before governments realized the problems that Facebook created—and certainly before they understood exactly how dangerous a social network can be to their citizens’ privacy, and to a democracy as a whole. (Read more.)
Share

No comments: