Money There's a rift growing between what investors and the rest of the world thinks about Facebook -- and only one side will win

04:16  05 february  2018
04:16  05 february  2018 Source:   businessinsider.com.au

Facebook to cut down on viral videos

  Facebook to cut down on viral videos Facebook CEO Mark Zuckerberg says Facebook will cut down on viral videos so users spend better quality time on it.CEO Mark Zuckerberg announced the move as part of the company's Q4 2017 earnings release.

There ’ s a rift growing between what Wall Street and the rest of the world thinks about Facebook — and only one side will win . There ' s no indication its ad margins are slowing down, and investors remain bullish on its ability to grow despite all the failures and criticism from the media and

about Facebook — and only one side will win (FB) Facebook reported Wednesday that 50 million fewer hours are being spent on the service per day as a Wall Street is eating it up. Facebook ' s stock was up Wednesday, despite other fundamental problems with the company like rampant abuse of its

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-Facebook reported Wednesday that 50 million fewer hours are being spent on the service per day as a result of its News Feed algorithm change.

-But Facebook argues its users are getting a higher quality experience, which is good for its business long term.

-Wall Street is eating it up. Facebook's stock was up Wednesday, despite other fundamental problems with the company like rampant abuse of its platform.

It turns out Facebook might not need a News Feed full of memes, clickbait, and viral videos to be successful. Even though much of the public and media may have soured on the social network, Wall Street remains bullish on the company's capability to grow.

Alphabet's earnings miss profit estimates as spending grows

  Alphabet's earnings miss profit estimates as spending grows <p>Google parent Alphabet Inc missed quarterly profit forecasts as steady ad sales growth was offset by increased spending to promote its consumer gadgets, YouTube video app and cloud computing services, the U.S. technology company said on Thursday.</p>Shares of Alphabet dipped more than 5 percent after-hours, before steadying with a 2.7 percent loss at $1,149.93.

The Shocking Abuse Allegations Against Michael Fassbender : There ' s a rift growing between 20:21 13 february 2018 Source: The Daily Beast. There ' s a rift growing between what investors As LaineyGossip pointed out, being a fan of Michael Fassbender — loving him, as I thought I did

Gazelle.

On Wednesday, Facebook announced that its recent overhaul of the News Feed algorithm caused users to collectively spend 50 million fewer hours per day on the service. Another worrying statistic: Facebook reported that daily active users fell in the US and Canada for the first time.

But Facebook also reported impressive fourth-quarter results despite the changes, which are designed to weed out content from media publishers and brand pages and instead promote posts that spur "meaningful" engagement like comments, rather than likes and shares.

Actually, Mark Zuckerberg Is Glad You're Using Facebook Less

  Actually, Mark Zuckerberg Is Glad You're Using Facebook Less Facebook, a "disruptor" in the classic sense, has always been about rewriting the rules.&nbsp;Rounding out what CEO Mark Zuckerberg described as "a strong year" in the Q4 2017 report Facebook released today was a startling admission: "we made changes that reduced time spent on Facebook by roughly 50 million hours every day." Do that maths and that's slightly more than two fewer minutes spent on the site for each of its 1.4 billion daily users.

"The rift is real," says Seth Farber, a modern Orthodox rabbi who leads ITIM, an organization that offers Male and female worshippers are segregated, and there is a total ban, on the women' s side The first is a weakening dialogue between the chief rabbis of Israel and the rest of the Jewish world .

Despite a "knee jerk" reaction among investors worried about rising expenses at Google, the company is well positioned to grow its business thanks to key SEE ALSO: There ’ s a rift growing between what Wall Street and the rest of the world thinks about Facebook — and only one side will win .

On the earnings call Wednesday, the messaging from Facebook's management was clear: Decreased usage might actually be a good thing, leading to better ads with higher margins. It's also good news for Facebook's video product, Watch, which features high-quality videos produced by traditional media companies and Facebook itself.

"By focusing on meaningful interaction, I expect the time we all spend on Facebook will be more valuable," Facebook CEO Mark Zuckerberg said during Wednesday's earnings call. "I always believe that if we do the right thing, and deliver deeper value, our community and our business will be stronger over the long term."

Wall Street is lapping it all up, and investors seem to buy Facebook's line that the changes will result in a better experience over the long term for users, thus driving higher advertising rates. After an initial dip after Facebook's earnings were first released Wednesday, the company's shares hit an all-time high on Thursday, jumping 4% based on all that optimism.

Facebook is celebrating Friends Day by letting you create superlatives for your friends

  Facebook is celebrating Friends Day by letting you create superlatives for your friends Mark Zuckerburg founded Facebook on February 4th in his dorm room at Harvard, and the company celebrates the anniversary with its self-proclaimed “Friends Day.” As it has in the past, the company is allowing users to commemorate the day by singling out friends and this year, users can give one another a “Friend Award,” with a variety of superlatives such as “Always Has My Back,” “Big-Hearted”, “Bestie,” and more. The feature allows you to select a friend, their picture, and a template with a variety of descriptive options. The final result features the image with a bit of animation that you can post to your wall.

Despite a "knee jerk" reaction among investors worried about rising expenses at Google, the company is well positioned to grow its business thanks to key SEE ALSO: There ’ s a rift growing between what Wall Street and the rest of the world thinks about Facebook — and only one side will win .

If there ' s only two options, it's not really a choice. You can't choose between your racist uncle and your whiny, ailing aunt. Take immigration, for example, and the Republicans' recurrent (frankly racist) response, like Donald's recent episode and what he thinks of us a nation.

"We continue to believe that any slowdown in time spent will be compensated for by higher-quality time spent, and that any trimming of ad load will be compensated for by higher ad pricing," Michael Graham, an analyst at Canaccord, wrote in a research note Thursday.

There are now two competing narratives surrounding Facebook.

On the one hand, you have a company that's proven over and over that it's struggling to combat abuse of its platform. Hours before its earnings were released Wednesday, Facebook's trending section was promoting conspiracy theories about the Amtrak crash involving GOP members of Congress. The company has offered numerous solutions to its abuse problems thanks to several News Feed algorithm tweaks and the promise to hire more human moderators, but so far most of those efforts have fallen flat.

On the other hand, the future of Facebook's business has never looked brighter. There's no indication its ad margins are slowing down, and investors remain bullish on its ability to grow despite all the failures and criticism from the media and governments.

Facebook may be facing a reckoning for its role and influence on politics, media, and social well being, but Wall Street seems to be ignoring all that for now.

But Facebook is an advertising business, and advertising demands time and attention. With all the problems Facebook is facing, reworking the News Feed to demand less attention from users could be dangerous.

Facebook opens up social VR app Spaces to Groups .
Facebook Spaces is no longer just a place for you to hang out with friends and family in your list: you can also use it to form bonds with people in the Groups you're in. YBy opening up Spaces to Groups, Facebook has amped up the social aspect of the app. Since that also means you could end up in a single VR environment with people you don't know that well -- or at all -- Facebook has ensured you can report people and mute or pause the experience anytime. It's an early experimental feature, though, so you'll likely encounter bugs as you go along, meeting new friends through your Oculus Rift or HTC Vive headsets.

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