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Can Facebook's $1 bil gamble help it regain lost cool?

By Katy LEE

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Can Facebook's $1 bil gamble help it regain lost cool?

No, it can't.

Facebook needs to die.

9 ( +13 / -4 )

Don't care whether it's "cool" or not, but having lived in a half-dozen countries and with my diaspora of friends all gathered there, switching platforms is a big negative.

-1 ( +3 / -4 )

Facebook isn't failing just because it's old. It's failing because it's a permanently broken website that regularly has security breaches, regularly sells personal data to advertisers, and regularly brings out new updates that don't work properly. They've also closed off their support services so if you want to report problems, you can't. Their default reporting system is all automated, and about as broken as the rest of the site. Facebook has been turning a blind eye to these problems for well over a decade now, and as long as they keep doing so, they're going to keep losing users. This latest scheme is just another desperate attempt to ignore the problems that they're too lazy to deal with. They think throwing money around aimlessly is going to help. It isn't. You can't fix everything with that strategy. That's not how reality works.

6 ( +7 / -1 )

Facebook is firmly in the far left mainstream sphere due to it's censorship of opposing opinions under the guise of 'hate speech'. There is absolutely nothing cool about that, it is the default view of mainstream media, big corporation et al. It can never be cool be censorship and infantilising it's users.

1 ( +5 / -4 )

Facebook is on its last leg, thankfully l.

-3 ( +1 / -4 )

Facebook is firmly in the far left mainstream sphere

Facebook is the biggest purveyor of far right conspiracy theories and ideologies on the internet. It can therefore hardly be "firmly in the far left" of anything.

-4 ( +1 / -5 )

Interesting. Facebook becomes the next MySpace...

0 ( +1 / -1 )

The money turns heads, but a better option for FB may be to create customised apps that change the way the FB newsfeed and other features are uploaded and delivered, to replicate the latest popular trending social media apps.

All the usual FB extras would still be available from the standard Facebook app and the website.

They have already beta'd this with Facebook Lite, but they need to be more daring in their changes.

Bluntly, if a FB 'sub app' looked and worked like Instagram or TikTok, it could and would be used in such a manner, without creating a new account on a new platform.

It would stop FB losing any remaining kids, but there would be limits.

Kids live for new trends. A 'sub app' may become one, but a 'Plan B' would be for Facebook to buy every 'next big thing' in social media, rather as SoftBank does in chosen sectors. Don't invite the attentions of politicians. Leave the app to do its thing, in its own way, under its own brand. But ensure that an upgrade makes it and FB interoperable and compliant. Then FB, at worst, FB will be losing customers to itself.

I would also encourage FB to create 3 types of accounts, for pre-teens, teens and adults. The first two controlled by a parent. They also need to develop individual and communal self-censorship options, or governments will turn them into global censors, and expect them to pick up the bill.

0 ( +0 / -0 )

Facebook needs to be taken down. With the flood of far-left extremists polluting its pages, its become a prime propaganda vehicle for the CCP.

-3 ( +2 / -5 )

My 'MySpace' page still exists. Who knows, that might come the full circle.

-1 ( +0 / -1 )

Whatever one may think of the content, as a corporation FB goes from strength to strength. As long as it remains a site that advertisers seenit as valuable, it will continue to thrive

0 ( +1 / -1 )

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