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Facebook Co-Founder Calls For ‘Break Up’ Of Facebook, Instagram, And WhatsApp

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Recently, presidential candidate Elizabeth Warren put forward the idea to reverse certain tech mergers to promote healthy competition in the market, particularly including Facebook and Instagram. In an op-ed shared today by Facebook co-founder Chris Hughes, that topic is revisited (via The New York Times).

According to Hughes, the Federal Trade Commission’s “biggest mistake” was letting Facebook acquire Instagram and WhatsApp. As the co-founder pointed out, many people left Facebook following the Cambridge Analytica scandal, but they didn’t leave the Facebook ecosystem altogether because of Instagram and WhatsApp, with some people unaware that Facebook-owned these social networks.
First, Facebook should be separated into multiple companies. The F.T.C., in conjunction with the Justice Department, should enforce antitrust laws by undoing the Instagram and WhatsApp acquisitions and banning future acquisitions for several years.

How would a breakup work? Facebook would have a brief period to spin off the Instagram and WhatsApp businesses, and the three would become distinct companies, most likely publicly traded. Facebook shareholders would initially hold stock in the new companies, although Mark and other executives would probably be required to divest their management shares.
In the years since its acquisition, the founders of both Instagram and WhatsApp have left each company, reportedly due to clashing with Mark Zuckerberg and his management of their apps. Hughes described an informal slogan that became well-known in the Facebook offices in the wake of its launch of the “Stories” format on Instagram and Facebook: “Don’t be too proud to copy.”
The vibrant marketplace that once drove Facebook and other social media companies to compete to come up with better products has virtually disappeared. This means there’s less chance of start-ups developing healthier, less exploitative social media platforms. It also means less accountability on issues like privacy.

Mark may never have a boss, but he needs to have some check on his power. The American government needs to do two things: break up Facebook’s monopoly and regulate the company to make it more accountable to the American people.
Although the Cambridge Analytica scandal has passed, in 2019 Facebook continued to appear in headlines regarding data breaches and user privacy issues. In April alone, it was reported that Facebook’s executive team used the data of its users as leverage over partner companies; two days later it emerged that Facebook harvested the email contacts of 1.5 million users without their knowledge or consent and used the data to build a web of their social connections.

That same day, Facebook confirmed that millions of Instagram passwords were stored on its servers in plain text with no encryption. Similar stories have been shared frequently since news broke about-about the Cambridge Analytica scandal just over one year ago.

Amid all of the news, Facebook today announced the launch of a new feature for Stories called “Birthday Stories.” Using this ability, friends and family members can add digital birthday cards, photos, or video messages to your Birthday Story, which will be visible at the top of the Facebook iOS app like other Stories.

The feature will be available in the birthday notification that pops up when a friend is celebrating their big day. From there, you’ll be able to take a photo or video, share a music sticker on the Story, and more. Once multiple people have added to the Birthday Story, the person in question will be able to browse it like any traditional Facebook or Instagram Story.

The company said that its goal with the new update was expanding on existing birthday features on Facebook, while also continuing to push interaction with Stories. It’s been over two years since Facebook Stories began rolling out to users, and nearly three years since Instagram first copied the Stories format from Snapchat.

Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

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Kubidyza is a Global Celebrity Blogger, Music Promoter and a Social Media Influencer | Most Influential Blogger In Ghana For Bookings: Kubinho80@gmail.com

Lifestyle

L.A.X Covers Taylor Live Magazine’s Latest Issue | PHOTOS

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Damilola Abdul Razak Afolabi popularly known as L.A.X covers Taylor Live Magazine’s Latest Issue.

In a quick chat with the magazine, L.A.X talks about his journey in the music industry, why he decided to break out and start his own record label and more.

See his editorial spread below.

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Get A “Wireless Earbuds” For Less Than 460GHC At “Cell 4 Sell Ghana”

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Get A "Wireless Earbuds" For Less Than 460GHC At "Cell 4 Sell Ghana"

Cell 4 Sell Ghana, a mobility company is giving away a wireless earbud for less than 450ghc.

See above for more information on the earbuds.

Call and get it at Cell4Sell now on: 0243535130 or 0556666740.

Also, follow them for more products on these social handles below.

Facebook: Cell4Sell Ghana

Instagram: @Cell4SellGhana.

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Opera Launches Opera Ads, A Powerful, Content-Based Native Advertising Platform For Its More Than 30 Million Users In Nigeria

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Opera

Nigeria selected for early access program

Opera Limited (Nasdaq: OPRA) (“Opera”), one of the world’s major browser developers, and leader on the development of AI-driven digital content announced today the launch of Opera Ads in Nigeria. The new advertising platform serves the needs of digital local marketers and gives advertisers a unique opportunity to reach and engage with more than 320 million Opera users worldwide with an innovative content-based ad experience within Opera’s global inventory across its portfolio of products.

“With Opera Ads, we open the Opera ecosystem to advertisers allowing them to do more precisely targeted campaigns and improve the control of their media buy,” says Per Wetterdal, VP Global Business Development, Opera. “We secure your ads will be served with premium placement in connection to an engaging content experience”.

Based on user intent and contextual relevance, Opera Ads offers an intelligent advertising solution to Nigerian digital agencies, publishers and brands to connect and engage with the Opera audiences at a global scale with geo-targeting capabilities. The platform offers transparency, unique and controllable ad placements, reach and budget management based on the support of fixed and dynamic pricing models. Opera Ads is available in both traditional and programmatic buying models. In this way, Opera Ads provides a trusted and relevant environment for users, advertisers and simplifies the campaign performance evaluation.

Opera Ads is the platform-of-choice for advertisers seeking the opportunity to reach a scaled and engaged audience, in a highly transparent fashion across the fastest growing mobile digital markets.

Today, Opera holds 47 percent of the browser market share in Nigeria with more than 30 million monthly active users across its mobile products. The company has decided to make a roadshow with local publishers, businesses, and media agencies giving them early access to the platform. Advertisers who want to get further information about the roadshow or Opera Ads can send an email to opera-ads@opera.com.

About Opera

Founded in 1995 in Norway, Opera delivers browsers and AI-driven digital content discovery solutions to more than 320 million people worldwide. The company remains one of the most innovative browser creators in the world. Opera is listed on Nasdaq under the OPRA ticker symbol.

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