0
Broadband

Facebook has a hedge but damage control is needed to address problems of privacy, fake news

Tuesday 31 July 2018 | 10:22 CET | Author: Tim Poulus | Market Commentary
Facebook's first loss of customers in Europe resulted in a 20 percent drop in its market capitalisation. Is this the beginning of the end for Facebook or will the share price recover in the coming months? The fact is Facebook is the undisputed leader of the broader communications market, including social networking, with the services Facebook, Instagram, WhatsApp and Messenger. The network effect can't be undone with a snap, and the range of its services gives Facebook a hedge: if customers leave Facebook, they come back on Instagram. Nevertheless, it still has two big problems: privacy and

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?


This article is an opinion of Telecompaper.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General / Internet
Companies: Apple / Facebook / Google / Instagram / Snap / Twitter / Viber / WhatsApp / YouTube
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Facebook asks US banks to share customer data - report

Published 07 Aug 2018 13:24 CET | United States
Facebook has asked large US banks to share detailed financial information about their customers, including card transactions and ...

Facebook faces class action suit after shares plummet

Published 30 Jul 2018 17:55 CET | World
A class action lawsuit has been filed against Facebook on behalf of shareholders that bought company securities between 26 April ...

Facebook heeft een hedge maar damage control is vereist voor het dubbelprobleem privacy/fake news

Published 27 Jul 2018 15:46 CET | World
Aan de financiële resultaten van Facebook over Q2 2018 mankeerde weinig. De groei is nog altijd hoog, al valt deze licht terug. ...

Facebook shares fall sharply after slower growth in Q2, weak outlook

Published 26 Jul 2018 07:32 CET | World
Facebook reported a slowdown in growth in the second quarter and said it expects the trend to continue in the rest of 2018. ...

Google, Microsoft, Twitter, Facebook launch Data Transfer Project

Published 23 Jul 2018 11:33 CET | World
Google, Microsoft, Twitter, and Facebook have launched the Data Transfer Project, an open source initiative dedicated to ...

Facebook CEO faces down criticism at shareholders meeting

Published 01 Jun 2018 09:13 CET | World
Facebook CEO Marck Zuckerberg faced criticism from shareholders at the company's annual meeting but survived a vote put forward ...

Facebook's first enforcement report shows 583 mln fake accounts disabled in Q1

Published 16 May 2018 08:30 CET | World
After opening up its Community Standards to the public for the first time, Facebook has now released a Community Standards ...

Facebook profit jumps 63% in Q1, grows to 2.2 bln monthly users

Published 25 Apr 2018 22:57 CET | World
Facebook reported a strong increase in sales and earnings in the first quarter, with growth rates accelerating from the previous ...

Facebook app share drops to less than half of young teens

Published 24 Apr 2018 10:36 CET | Netherlands
The share of Dutch 12-15 year-olds with the Facebook app on their smartphones has fallen by 40 percent over the past three years. ...

WhatsApp founder calls for Facebook users to quit social network

Published 21 Mar 2018 10:35 CET | World
Calls for Facebook users to stop using the social network are increasing after news the company allowed user data to be used for ...

Facebook reaches USD 35 mln settlement over IPO info

Published 27 Feb 2018 08:31 CET | World
Facebook and its CEO Mark Zuckerberg have reached a USD 35 million settlement of a class-action lawsuit accusing them of hiding ...

Facebook CEO pledges to fix platform's hate speech, fake news issues in 2018

Published 05 Jan 2018 10:22 CET | World
Facebook CEO Mark Zuckerberg announced that his personal challenge for 2018 is to focus on fixing important issues affecting the ...

Facebook withdraws plan for new class of shares giving Zuckerberg control

Published 25 Sep 2017 10:48 CET | World
Facebook has withdrawn a proposal to create a new class of its shares in order to give CEO Mark Zuckerberg continued voting ...





7.8 million
Broadband connections forecast in 2022
Netherlands  |  2018 Q1