duud
https://www.abc.net.au/news/2021-03-25/racial-profiling-conc...
https://www.namepros.com/threads/your-favorite-registrar-of-...
https://fortune.com/crypto/2023/01/18/peter-thiels-founders-...
Imo paid verification will absolutely make sense to the tens of millions of brands that advertise on Meta's platforms.
"Nobody seriously thinks that Facebook or Twitter will rake in anything remotely comparable" (to the billions made by airline fees)
SnapChat already has 2 million paid subscribers. Between FB and Insta, Meta has > 6x as many active users and will charge for verification separately at this stage so 10 million paid Meta accounts seems realistic in the short term = ~$1.44 billion a year.
https://s21.q4cdn.com/399680738/files/doc_financials/2022/q4...
You've got to love Doctorow's articles in the Guardian bemoaning "surveillance capitalism" being covered in enough retargeted ads to make Zuck blush.
https://www.statista.com/statistics/272014/global-social-net...
There are legimate concerns but saying that a company on track to do $120 billion in revenue for the year is disingenuous.
What sweet irony it would be if the biased coverage by NYT, WaPo, etc allowed Meta to resume making large acquisitions and maintain their dominance for years to come.
They've sold millions of units and reported $1.5 billion of sales on the Quest store so maybe it's not so absurd.
$27 billion in revenue from three billion daily active users last quarter. Bytedance by comparison lost $7 billion last year. Meta Reels are being shared one billion times and viewed 140 billion per day. As much as the biased media wants it to be true, Meta isn't going anywhere anytime soon. Consumers couldn't care less about the stock price.
TikTok is not taking over the entire social media space any time soon.
The push into short form is just another way to get users to stay in app longer. Come for your friend's posts/stories (or marketplace, groups, etc), stay for the Reels.
FB marketplace has a billion monthly active users. That's more than Amazon and eBay combined. Anecdotally I know people who hated FB before it was cool that have returned because of Marketplace. The feed, Facebook video, birthdays, events and a host of other features are still significantly used.
VR is a rapidly growing narrow niche which Oculus is dominating. I am a Signal fan and I actively push my contacts to use it but I don't see it surpassing WhatsApp anytime soon.
Disliking FB/Meta ≠ FB/Meta being irrelevant. There are billions of users left to come online and odds are that Meta products will be amongst the first they use.
Given that what makes a good brand is subjective perhaps a more objective measure is the value of the domains the companies rebranded to.
By this count Meta.com > ABC.xyz > Block.xyz. I'm basing this on data available via namebio.com, automated appraisal tools such as GoDaddy Appraisal and Estibot and thousands of hours of personal experience researching, buying and selling domains. Meta.com is worth six or more likely seven or even eight figures as a standalone domain. Block and ABC.xyz? Not so much.