Meta slashes hiring plans, girds for 'fierce' headwinds

Re:Meta slashes hiring plans, girds for 'fierce' headwinds by olivermarks on Friday July 01, 2022 @12:57AM (#31942551)

Reminds me of Yahoo! at their great obsolescence tipping point when they were sunsetted to be replaced by Facebook. Zuckerberg has huge spread in Hawaii just like Yahoo! founder Yang did...the chuckling Marissa Meyer, cutbacks... 'lean in' Sandberg facing a host of legal issues.. it's like the same script again. Wonder what the new Yabook! will look like post recession...

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Re:Meta slashes hiring plans, girds for 'fierce' headwinds by phendrenad2 on Friday July 01, 2022 @01:16AM (#31942644)

Blood in the water. Might be a good time to start a new social network. A simple blue interface that doesn't have all of the clutter and noise of Mybook. We can launch at universities first, invite-only.

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Re:Meta slashes hiring plans, girds for 'fierce' headwinds by olivermarks on Friday July 01, 2022 @01:33AM (#31942735)

Look for a big FB data breach when the shiny new next gen platform is ready so everyone will migrate

https://en.wikipedia.org/wiki/Yahoo!_data_breaches

and idiotic c suite parties during mass layoffs and cutbacks https://www.businessinsider.com/yahoo-ceo-marissa-mayer-blow...

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Re:Meta slashes hiring plans, girds for 'fierce' headwinds by xtracto on Friday July 01, 2022 @09:56AM (#31946447)

Whatever comes to replace Facebook I really hope it is a distributed system that doesn't have a single unique owner. And that monetization is not done through advertising.

The problem with Friendster, MySpace and then Facebook was their centralized nature. It sucks to produce/place your content in a place you have to pay for.

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Re:Meta slashes hiring plans, girds for 'fierce' headwinds by the_biot on Friday July 01, 2022 @04:31PM (#31952417)

That's been done, it's exactly what Mastodon is. It hasn't made a dent in anything.

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Re:Meta slashes hiring plans, girds for 'fierce' headwinds by zaven on Saturday July 02, 2022 @01:51AM (#31956611)

This is exactly what we’re trying to build at Niche. Give us a follow if you’re interested in updates (we’re keeping things pretty low key for now). https://twitter.com/nicheprotocol

Our whole engineering team, myself included, is ex-Facebook.

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Re:Meta slashes hiring plans, girds for 'fierce' headwinds by jondwillis on Saturday July 02, 2022 @12:58PM (#31960628)

hate to inform you it is tiktok

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Re:Meta slashes hiring plans, girds for 'fierce' headwinds by closedloop129 on Friday July 01, 2022 @03:05AM (#31943318)

How come students don't do this every other year? What's Facebook's lock-in that each generation of students cannot monetize their own social graph?

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Re:Meta slashes hiring plans, girds for 'fierce' headwinds by Dan_Sylveste on Friday July 01, 2022 @04:27AM (#31943806)

>What's Facebook's lock-in that each generation of students cannot monetize their own social graph?

Universities and schools using Facebook as their de-facto platform for group announcements, it seems.

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Re:Meta slashes hiring plans, girds for 'fierce' headwinds by maneesh on Friday July 01, 2022 @06:43AM (#31944617)

We could call it themybook.com

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Re:Meta slashes hiring plans, girds for 'fierce' headwinds by d4rkp4ttern on Friday July 01, 2022 @06:57AM (#31944685)

Years ago someone introduced me to FaceBook and found it so ridiculous that I called it FarceBook.

I don’t know why many people don’t see that you can draw a straight line from FarceBook —> Trump —> Roe Overturned

Baffles me why some (seemingly) smart (ML) people still work there, including a certain Turing award winner. Ah yes…must be the money.

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Re:Meta slashes hiring plans, girds for 'fierce' headwinds by quickthrower2 on Friday July 01, 2022 @04:53AM (#31943934)

Whatsapp?

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