#6 — Facebook transforms itself (or tries to) with a huge acquisition. I wrote long ago that we’d never see Facebook in the Dow 30 Industrials. The company is awash in users and profits but they’ve lost the pulse of the market if they ever had it. Trying to buy their way into the Millennial melting data market Facebook offered $3 billion for Snapchat, which turned them down then rejected a $4 billion offer from Google. Google actually calculates these things, Facebook does not, so where Google will now reverse-engineer […]
Wednesday at the TechCrunch Disrupt conference in San Francisco, Yahoo CEO Marissa Mayer presented her company’s side of fighting the National Security Agency over requests to have a look-see at the data of Yahoo users. It’s a tough fight, said Mayer, and one that takes place necessarily in private. Mayer was asked why tech companies had not simply decided to tell the public more about what the U.S. surveillance industry was up to. “Releasing classified information is treason and you are incarcerated,” she said.
Go directly to jail?
How would that work, exactly? Would black helicopters – silent black helicopters — land at Yahoo Intergalactic HQ and take Marissa Mayer away in chains? Wouldn’t that defeat the […]
Some readers may recall one of my predictions for 2012 was the end of this column. It’s time for me to start explaining what that’s all about. Next month will mark 25 years of my doing some version of this column either in print or online. It’s not a record (I’m sure John Dvorak has that) but it is a milestone that I’ve been for some time determined to reach. But having achieved 25 years of continuous service, what then? Well there is no gold watch. In fact my transition is, if anything, forced by the declining economics of the web. Facebook has much the same problem.
With Facebook now public and sitting on a huge pile of cash, let’s turn the conversation to the social network’s most pressing competitor, Google. Google and Google+ don’t appear to present much of a threat to Facebook, but the game board was reset on Friday and tactics at both companies will change accordingly. Now Facebook has to find a way to grow revenue and users and will increasingly bump up against Google’s huge advantages in search and apps. For Facebook to achieve its goals, the company will have to enter both spaces with gusto.
Google has learned how to leverage its strengths and suddenly one of those strengths is Facebook’s success. Now that Facebook is a […]