Sometime you double take, no that is an actual headline.
The product looks like a mental health version of tobacco.
That’s why we love the stock
Edit: just read a bit of the article, don’t agree with that!
One reason I won’t use FB and InstaGram
I was making a joke. For an investor with no regard for ethics, this is a good thing. But, reading the article, it seems pretty messed up but not that surprising.
I’m holding my shares anyway, I don’t invest “ethically” but for gains.
I read your post again and realized what you wrote, and realise I agree
I have amended my earlier reply.
In good conscience I cannot slam FB while owning their stock so don’t. It’s almost a pastime for me but sometimes they make it too easy!
I’m sure people got rich off Purdue Pharma & Philip Morris but I’ll find out ways of building wealth.
I can sit smug not having shares or an FB account of any sort Apart from the ethical issues, the only only reason I didn’t invest is because I see it one day collapsing like Friends reunited. It may be slower as it is so big but I think the dominant position will end sooner or later. Just plenty of better shares to buy in my opinion.
Facebook isn’t “facebook.com” though, it’s a corporation with many different diversified products: Facebook, Instagram, WhatsApp, oculus.
Found an article from 2019, Instagram is 30% of its revenues, I would image Facebook.com is around 50% and probably decreasing over time as they diversify with newer products. I’m investing in the company, not the product.
Satire is impossible when write it themselves!
“Facebook is struggling with “global teen penetration”
One thing that I read about Facebook that stuck with me is they always push it too far with privacy concerns, then when they receive the backlash they push it back a little bit, but still make progress. That’s how they progress.
2 steps forward and 1 step back.
Until ethics become more important in business, the fewer ethics a company has, the more competitive they advantage they have in business.
Still holding my one share:
Facebook, IG, WhatsApp and Messenger down for over an hour and the stock is down 6% today.
Ads platform is down too
Oculus as well
Can the games be played offline when the service is down?
Its true… what are people gunna do when their just sat there. They might have to actually talk to their partners.