Following on from my last post about the disenchantment of GM with FaceBook as an ad vehicle, Minyanville, lists that announcement, along with three other strong reasons why investors should avoid pissing away their dollars on Friday’s – “Let’s make ZuckerNozzle richer than God” – Stampede.
Its Own Users Don’t Trust Facebook
Three out of five Facebook users say they don’t trust them to protect their personal information, according to a new poll from The Associated Press and CNBC.
The Trust Issue Will Get Worse
It’s a delicate dance for Facebook. As a public company, it will need to keep feeding their fucktard shareholders with more revenue every quarter. Which means coming up with new and more devious ways to gather and exploit personal information they can flog to advertisers. And that risks turning off users even more, not to mention pissing off future regulators of Internet privacy.
It’s a Recession Thing
The AP/CNBC poll also found that half of all Americans think Facebook is a fad. Among them is Elizabeth MacDonald, a columnist for Fox “Fair & Fucked” Business who says its time is just about up. Arguing that Facebook is a recessionary phenomenon. During the economic downturn, many of us had fuck all better to do than hunker down at home and “network” in hopes of finding something better to do, or at least socialize at a distance and call it networking.
I know I’ve said it a million times, but fuck it, it’s my blog… So I’ll say it again… All the experts said Murdoch was a fucking genius when he “stole” MySpace for $600 million. A few years later he had to unload it for $35 million. Nothing is forever, particularly when you are dealing with something as ephemeral as social media. Having said all that, by the end of day, Friday, ZuckerNozzle will be one of the richest fucktards on the face of the planet. Wanker!
So the weasly fucker stole it from me when we were students together at Heidelberg U.
