News for hackers. Stuff that matters.
Re:Facebook Profit Jumps 71% Year-over-Year by benjaminbuttons on Wednesday July 26, 2017 @10:40PM (#14862272)
Anyone please explain what is the utility of FB. The newsfeed quality is terrible, with lots of spam and inaccurate content. I stopped using FB a while back, I don't get why a Billion people are still hooked on to this social media trap.
Re:Facebook Profit Jumps 71% Year-over-Year by evincarofautumn on Wednesday July 26, 2017 @11:07PM (#14862389)
• All my friends are already there (and many of them are thousands of miles away from me) so it’s a convenient way to stay in touch or just get a passive awareness of what they’re up to. Other services don’t fill that same niche for me.

• It’s an easy way to organise events and participate in small online social groups for common interests or memes or whatever. (It’s a partial replacement for forums and newsletters.)

• My newsfeed is now mainly stuff that’s interesting & relevant to me—hell, even the ads sometimes—because I’m proactive about unfollowing people who post stuff I don’t care about, hiding uninteresting content, and reporting spam.

• Even though I was an active user before, I worked there, and after having met many of the the people running the show, I generally trust that they’re technically competent and care about making something useful & good for people.

Re:Facebook Profit Jumps 71% Year-over-Year by bpicolo on Wednesday July 26, 2017 @10:58PM (#14862348)
It's all just 'news' (and by that I mean random memes and videos) I never wanted now. "Things people liked" is a massively spammy medium for content.
Re:Facebook Profit Jumps 71% Year-over-Year by kevinmars on Wednesday July 26, 2017 @11:00PM (#14862354)
Very useful for events of all scale, especially in countries where services like meetup don't exist.

Groups for making money. Need an instagram bot, find the best cryptocurrency, learn how to sell on amazon, there are groups out there with people that will help.

It's actually becoming more useful for me and people I know, though their feed is focused on attention and not quality as you mentioned.

Re:Facebook Profit Jumps 71% Year-over-Year by lmm on Thursday July 27, 2017 @07:37AM (#14864289)
It's still the only decent free-at-point-of-use way to do event organization. That connects up with: it's easy to publish which events you're going to, without interrupting people to tell them. And it's nicely integrated with individual-to-individual messaging, and photo-sharing afterwards.