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Re:Facebook shareholders are getting fed up with Zuckerberg ... by bartread on Wednesday April 17, 2019 @03:55PM (#19685892)
Tend to agree. I'm no fan of either Facebook or Zuckerberg. My attempts to leave it all behind have thus far proven unsuccessful, and the fact that FB owns both WhatsApp and Instagram doesn't help.

Still, I'm almost shocked by how viscerally unsympathetic I feel towards these shareholders. I genuinely believe their stewardship would be worse for both Facebook and its users: they'd mismanage Facebook into the ground and, along the way, would utterly compromise users in increasingly desperate attempts to turn things around.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by nullc on Wednesday April 17, 2019 @06:01PM (#19686849)
If they burn facebook to the ground this may be better in the long run both for the users and for society at large.
Re:Facebook shareholders are getting fed up with Zuckerberg ... by quanticle on Wednesday April 17, 2019 @08:12PM (#19687574)
Not necessarily. If they start making increasingly scummy deals (even more so than what Facebook is currently doing) to sell user data in return for quick profits, then things could get far far worse as Facebook burns to the ground.

Mark Zuckerberg, as bad as he is, is not the worst case scenario.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by m-p-3 on Wednesday April 17, 2019 @06:45PM (#19687091)
I think if that happened, something even worse than Facebook would take over. The social media Pandora box as been already opened, it's not going to get better unless there is a sustained and orchestrated effort to rein in social medias and how they deal with personal info.
Re:Facebook shareholders are getting fed up with Zuckerberg ... by mandelbrotwurst on Wednesday April 17, 2019 @07:54PM (#19687466)
There are several of those in the form of alternate networks, (Minds.com, Mastodon, etc) which could very well rise to prominence if Facebook were to fall.

The issues with corporate social media are now well understood by large swathes of the public.

The incumbents are still standing due to their powerful network effects - if they lose those, the public may be a bit more discerning in where they head next.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by pferde on Thursday April 18, 2019 @05:32AM (#19689804)
"The issues with corporate social media are now well understood by large swathes of the public."

Are they? Most of the people I know are still all "gimme my feed, gimme my like buttons", and couldn't care less about anything, as long as they get to read about their parent's neighbour's cat's cousin's trip to Whereverville, or see latest pictures of our Nancy's baby boy.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by mandelbrotwurst on Thursday April 18, 2019 @12:15PM (#19692239)
I intended "large swathes" to mean "a significant enough plurality to potentially carry influence" not necessarily "overwhelmingly large majority". Maybe I'm overly optimistic.
Re:Facebook shareholders are getting fed up with Zuckerberg ... by Nuzzerino on Thursday April 18, 2019 @12:41PM (#19692473)
I visited a mastodon site, and browsed for a bit with a new account. It didn't seem that different from Twitter. They are going to really need to push the envelope and take whatever advantage possible from its decentralized architecture if there is any hope of gaining mainstream traction.
Re:Facebook shareholders are getting fed up with Zuckerberg ... by justaguyhere on Wednesday April 17, 2019 @07:50PM (#19687453)
That is kinda hard to predict. All those efforts by various people to create a decentralized social networks might finally find traction, if FB crashes. At least we can hope. I suppose it could go either way
Re:Facebook shareholders are getting fed up with Zuckerberg ... by woah on Wednesday April 17, 2019 @11:18PM (#19688449)
Problem with decentralized social networks is there’s no money to pay designers and developers and so the software is primitive. The ICO model is the closest anyone’s come to a funding story, and that has its own problems.
Re:Facebook shareholders are getting fed up with Zuckerberg ... by rightbyte on Thursday April 18, 2019 @04:36AM (#19689623)
Why is there a need for changing software? What are all the FB devs doing all day really except ads tuning.

I want a feed of freinds writing everyday bullshit and that just got worse by time untill I no longer use Facebook. It's like chat apps like MSN Messenger that stayed the same for years with no problems what so ever.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by confiscate on Wednesday April 17, 2019 @06:22PM (#19686963)
I disagree. That would feel like going back to the year 1999
Re:Facebook shareholders are getting fed up with Zuckerberg ... by avinium on Wednesday April 17, 2019 @09:22PM (#19687941)
> That would feel like going back to the year 1999

That would be absolutely glorious.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by Kurtz79 on Thursday April 18, 2019 @12:56AM (#19688825)
I enjoyed the first years of the Internet as well, but as fun and exciting the early web, IRC ad Usenet forums were, there was no Google Maps, no Wikipedia, no next-day shipping of almost everything, no Youtube... many things I could live without today as I did at the time, but overall I think they have a decent utility.

What the Internet has lost in terms of mystique and pioneering freedom, it has gained in terms of utility and convenience, IMHO.

The main reason I would like to go back to 1999 would be because I would be 20 years younger :)

Re:Facebook shareholders are getting fed up with Zuckerberg ... by avinium on Thursday April 18, 2019 @02:58AM (#19689246)
> What the Internet has lost in terms of mystique and pioneering freedom, it has gained in terms of utility and convenience, IMHO.

Maybe I've got a bad case of the "back in my day", but I feel more and more that "mystique" is what makes life worth living.

Watching a lot of movies from the 60s-90s recently, it's striking how much more effort we needed to put into everyday life back then.

Want to meet a friend? Call their number, hope they're home and arrange a time. Want to watch a movie? Drive to the video store and hope they've got what you want. Out of food? You're driving to the nearest restaurant, no Uber Eats. Want to find out the median rainfall in Fiji? You're waiting for the library to open and digging through a stacks of musty old books.

Nowadays, everything's instantaneous - you want something, you get it. We've lowered the bar for almost everything.

If consumption and enjoyment no longer require any effort, doesn't that devalue the entire experience? What does that mean for life in general? Don't you think that humility comes from knowing the effort required to know or acquire things?

Re:Facebook shareholders are getting fed up with Zuckerberg ... by m_fayer on Thursday April 18, 2019 @05:03AM (#19689715)
Hear hear. It's like the programming mindset has been applied to day to day life. Ruthless pursuit of efficiency and automation, maximum and continuous delegation to the system and machine - these things suffuse everything and are even elevated to the status of values. It makes sense with something as error-prone and cognitively challenging as code, especially considering how well suited machines are to handling it. But now these values have been transferred into the business of daily human living and taken to an extreme. How good an idea that is, and what the end results will be, those things aren't obvious to me.
Re:Facebook shareholders are getting fed up with Zuckerberg ... by legel on Thursday April 18, 2019 @06:50AM (#19690061)
> If consumption and enjoyment no longer require any effort, doesn't that devalue the entire experience? What does that mean for life in general? Don't you think that humility comes from knowing the effort required to know or acquire things?

This is an interesting perspective, surely. But the premise for reducing effort in some areas, as has always been the case with economic growth, is that we can focus that same limited effort on exploring new horizons, standing on the shoulders of giants, living in paradises of dreams past.

Look to the stars, for they will never limit your ambition.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by hollerith on Thursday April 18, 2019 @05:48AM (#19689857)
>I enjoyed the first years of the Internet as well.

I think you mean that you enjoyed the first years of the Internet after it became known to the general public in 1993.

The first year of the Internet was 1969.

Added in anticipation of a nitpick: some writers like to reserve the word "Internet" to refer only to the period after the great switchover to Internet Protocol in 1986, but it was the same hosts hosting the same services (e.g., mailing lists, FTP sites, Netnews and Telnet) before and after the switchover.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by tehlike on Wednesday April 17, 2019 @09:43PM (#19688055)
I agree. Going back in time wouldnt be too bad. I miss the first days of twitter where i would have discussions with other engs on tech, or days where fewer but higher quality content was the norm.

We probably need a better filter. I stopped using fb years ago, same for twitter. No regrets

Re:Facebook shareholders are getting fed up with Zuckerberg ... by gameswithgo on Wednesday April 17, 2019 @06:59PM (#19687167)
are you for real? i don’t understand why anyone has trouble leaving. there has been a huge brain drain it isn’t a good place now.
Re:Facebook shareholders are getting fed up with Zuckerberg ... by bartread on Thursday April 18, 2019 @03:22AM (#19689345)
Sure: most social activities are arranged on either Facebook or WhatsApp. I tried going without but it's quite inconvenient.
Re:Facebook shareholders are getting fed up with Zuckerberg ... by torqueTorrent on Wednesday April 17, 2019 @07:08PM (#19687216)
>> don’t understand why anyone has trouble leaving

I also find it puzzling. Then again, as with cults or other bottom feeding fads and the increasingly ubiquitous, various and sundry addictive mires and dark patterns, to avoid the trouble in leaving, it is best not to enroll in the first place.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by ionised on Thursday April 18, 2019 @06:11AM (#19689920)
Facebook isn't the internet. There is more to it than just one social media service.
Re:Facebook shareholders are getting fed up with Zuckerberg ... by cylinder on Wednesday April 17, 2019 @06:36PM (#19687039)
What's wrong with that?
Re:Facebook shareholders are getting fed up with Zuckerberg ... by torqueTorrent on Wednesday April 17, 2019 @07:11PM (#19687235)
Two-thousand zero zero, party over oops, out of time.
Re:Facebook shareholders are getting fed up with Zuckerberg ... by a3n on Wednesday April 17, 2019 @07:29PM (#19687332)
Isn't this and your aboves an argument against meaningful equity ownership in general?

Why not take real voting rights away from all stocks, and leave it with the company/effective owner?

Re:Facebook shareholders are getting fed up with Zuckerberg ... by lokedhs on Wednesday April 17, 2019 @09:25PM (#19687964)
Also, it's no secret that Zuckerberg has preferred stock, and anyone deciding to invest in FB goes in with their eyes open knowing that they will have no say in how the company is run.

It is indeed really difficult to sympathise with the shareholders.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by dwd on Thursday April 18, 2019 @12:38AM (#19688749)
Agreed, and if you don't like how the company is being run - sell your stock.

Generally speaking, this idea we have these days that activist shareholders can come in and dictate how a company is run is insane.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by zaccus on Thursday April 18, 2019 @01:49PM (#19693107)
It's not insane, and it's not a new idea. That's always been a right you have as a shareholder in a public company.

And you don't vote by selling your stock, you vote via proxy ballots. Which too many individual investors don't do.

Re:Facebook shareholders are getting fed up with Zuckerberg ... by dwd on Friday April 19, 2019 @06:41AM (#19698407)
Yes, you get a vote which is a simple yes/no on whatever is brought to a vote - but you don't get to say what is voted on.
Re:Facebook shareholders are getting fed up with Zuckerberg ... by rdlecler1 on Thursday April 18, 2019 @02:50AM (#19689216)
Second this motion. These shareholders are not family holding shares in a family business. If they’re not voting by selling their stock then can we really say they’re fed up?