Föhrenbergkreis Finanzwirtschaft

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Posts Tagged ‘Facebook’

Nasdaq Crests 7000 as Tech Giants Roar Into 2018

Posted by hkarner - 4. Januar 2018

Date: 03-01-2018
Source: The Wall Street Journal

Tech-focused index jumped 28% in 2017, beating the Dow Jones Industrial Average’s 25% gain and S&P 500’s 19% rise

Stretching
Companies in the Nasdaq are trading at the highest multiples of their last 12months of earnings since 2004.

The Nasdaq Composite closed above 7000 for the first time Tuesday after racing to a fresh 1,000-point milestone in just over eight months—a pace not seen since the heights of the technology boom.

Many global stock indexes have hit records or multiyear highs in recent months, lifted by signs of a pickup in economic expansion around the world.

The Nasdaq has risen faster than other major U.S. indexes over the past year as investors, frustrated with low interest rates and tepid global growth, bet on the prospects of large technology companies such as Apple Inc., Google parent Alphabet Inc. and Microsoft Corp., all of which are heavily weighted in the index.

Those three companies, along with fellow heavyweights Amazon.com Inc. and Facebook Inc., collectively contributed more than two-thirds of the points that carried the Nasdaq from one 1000-point milestone to another, according to stock-market research firm Birinyi Associates.

Such bets helped the Nasdaq jump 28% in 2017, beating the Dow Jones Industrial Average’s 25% gain and S&P 500’s 19% rise. The only two times the Nasdaq has passed 1,000-point milestones faster were the 38 trading sessions the index took to advance to 4000 in 1999 and the 49 sessions it needed to top 5000 in 2000—shortly before the dot-com bust. Den Rest des Beitrags lesen »

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Soziale Netzwerke: Facebook zerstört die Demokratie

Posted by hkarner - 26. Dezember 2017

Date: 26-12-2017
Source: DIE ZEIT Interview: John F. Jungclaussen

NIALL FERGUSON
Der Historiker Niall Ferguson lehrte in Harvard und ist nun Senior Fellow der Hoover Institution an der Stanford University. In seinem neuen Buch The Square and the Tower analysiert er die Geschichte sozialer Netzwerke

Die ungebrochene Macht sozialer Netzwerke ist gefährlich, sagt Niall Ferguson. Der renommierte Historiker sieht nur einen Ausweg.

Soziale Netzwerke: Der öffentliche Raum ein gigantischer Anzeigenmarkt ?

DIE ZEIT: Professor Ferguson, alle Welt redet von Netzwerken, Sie auch. Warum eigentlich?

Niall Ferguson: Wenn wir von Netzwerken reden, erliegen wir leicht einer Art technologischem Determinismus, weil wir glauben, dass mit dem Internet etwas ganz Einmaliges entstanden ist. In Wahrheit gibt es soziale Netzwerke natürlich seit Menschengedenken. Nehmen Sie nur das Christentum oder den Islam, das sind riesige Netzwerke. Da sind Ideen „viral gegangen“, wie man heute sagt, und haben sich ohne jegliche Technologie über riesige Distanzen verbreitet. Neu ist heute nur, dass unsere Netzwerke viel größer und schneller sind als je zuvor. Den Rest des Beitrags lesen »

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„Noch nie war ein Unternehmen so dominant wie Amazon“

Posted by hkarner - 26. November 2017

InterviewAndrás Szigetvari, 25. November 2017, 08:00 derstandard.at

Für die Gesellschaft sei Innovation wichtiger als alles andere, sagt Autor Scott Galloway. Darum konnten die US-Technologiefirmen so viel Einfluss erlangen

Seitdem Scott Galloways Buch* über Amazon, Apple, Facebook und Google erschienen ist, avancierte er zum Medienstar. Galloway, Professor für Marketing in New York und selbst Gründer mehrerer Unternehmen, argumentiert, dass die vier dominanten US-Technologiekonzerne zu viel politische und wirtschaftliche Macht besitzen. Durch die Ermittlungen in den USA wegen russischer Manipulationen im Präsidentschaftswahlkampf via Facebook, Twitter und Google, ist das öffentliche Interesse für das Thema in Übersee immens gestiegen.

STANDARD: Herr Galloway, was bereitet Ihnen an Amazon, Facebook, Apple und Google Unbehagen?

Galloway: Es ist schwer zu argumentieren, dass die Vier nicht tolle Dinge leisten: Wir alle lieben per Mausklick auf Amazon einzukaufen und jederzeit mit unseren Freunden über Facebook plaudern zu können. Aber zugleich haben diese Unternehmen eine Reihe von Eigenschaften, die uns allen Sorgen bereiten sollten. Zunächst einmal vermeiden sie es sehr effektiv, Steuern zu zahlen. Sie brauchen auch deutlich weniger Arbeitnehmer als ihre Mitbewerber. Das ist an sich nichts Neues. Es gab in der Wirtschaftsgeschichte immer wieder Konzerne, die durch den Einsatz neuer Technologien Arbeitsplätze vernichtet haben. Dabei war aber noch nie jemand so effizient wie Amazon, Google, Facebook und Apple. Regierungen haben nun zudem die Möglichkeit diese Plattformen zu Waffen zu machen. Es steht fest, dass der russische Geheimdienst Facebook und Google benutzt hat, um die US-Demokratie während der Präsidentschaftswahlen zu unterwandern. Den Rest des Beitrags lesen »

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Without Humans, Artificial Intelligence Is Still Pretty Stupid

Posted by hkarner - 19. November 2017

Date: 15-11-2017
Source: The Wall Street Journal

There are likely hundreds of thousands of people, world-wide, whose work is sold as AI, says one expert

Without a human reviewing images, it would be too easy to exploit Facebook’s antirevenge-porn service.

If you want to understand the limitations of the algorithms that control what we see and hear—and base many of our decisions upon—take a look at Facebook Inc.’s experimental remedy for revenge porn.

To stop an ex from sharing nude pictures of you, you have to share nudes with Facebook itself. Not uncomfortable enough? Facebook also says a real live human will have to check them out. Den Rest des Beitrags lesen »

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As tech companies get richer, is it ‚game over‘ for startups?

Posted by hkarner - 23. Oktober 2017

Date: 21-10-2017
Source: The Guardian

Young firms struggle to compete as deep-pocketed companies like Facebook and Amazon clone products and consolidate their power

The leading tech companies are making it harder for startups to attract investment.

Facebook has been breathing down the neck of the group video-chat app Houseparty for over a year. The app, developed by the San Francisco startup Life On Air, has been a hit with teenagers – an audience Facebook is desperate to woo.

After months of sniffing around its tiny competitor and even inviting the team to its headquarters last summer, Facebook launched its own group video chat tool within Messenger in December 2016. In February, it invited teens to its headquarters to quiz them, in return for $275 Amazon cards, on how and why they used video-chat apps. By July, Facebook was demonstrating a Houseparty clone, Bonfire, to employees and by early September the app launched in Denmark. Den Rest des Beitrags lesen »

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Amazon Takes Over the World

Posted by hkarner - 24. September 2017

Date: 23-09-2017
Source: The Wall Street Journal

Forget about the other tech giants: Amazon is poised to beat them all. What are the consequences for the rest of us?

Four tech giants—Amazon, Apple, Facebook and Google—have added $2 trillion to their combined market capitalization since the 2007-09 recession, a sum that approaches the GDP of India. The concentrated wealth and power of these companies has alarmed many observers, who see their growth as a threat not just to consumers and other businesses but to American society itself.

After spending most of the past decade researching these companies, I’ve come to the conclusion that our fears are misplaced in focusing on what I call the Four. We should instead be worrying about the One: one firm that will come to dominate search, hardware and cloud computing, that will control a vast network of far-flung businesses, that can ravage entire sectors of the economy simply by announcing its interest in them.

That firm is Amazon. Jeff Bezos has been disciplined and single-minded in his vision of investing in the most enduring consumer wants—price, convenience and selection. Coupled with deft execution, it has made Amazon the most impressive and feared firm in business. Den Rest des Beitrags lesen »

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The “free” economy comes at a cost

Posted by hkarner - 26. August 2017

Date: 24-08-2017
Source: The Economist: Free exchange

But economists struggle to work out how much

FACEBOOK, whose users visit for an average of 50 minutes a day, promises members: “It’s free and always will be.” It certainly sounds like a steal. But it is only one of the bargains that apparently litter the internet: YouTube watchers devour 1bn hours of videos every day, for instance. These free lunches do come at a cost; the problem is calculating how much it is. Because consumers do not pay for many digital services in cash, beyond the cost of an internet connection, economists cannot treat these exchanges like normal transactions. The economics of free are different.

Unlike conventional merchants, companies like Facebook and Google have their users themselves produce value. Information and pictures uploaded to social networks draw others to the site. Online searches, selections and “likes” teach algorithms what people want. (Now you’ve bought “The Communist Manifesto”, how about a copy of “Das Kapital”?)

The prevalence of free services is partly a result of history. In the early years of the internet, consumers became used to getting stuff for nothing. They have little idea of how much their data are worth; since digital companies have access to billions of people, the value of one person’s data is tiny anyway. More fundamentally, scarcity is not a constraint in the digital world as it is in the physical one. Data are both inexhaustible and super-cheap to transport.
In 1993 MCI Mail was charging people 50 cents for the first 500 characters of a digital message, increasing by ten cents for each extra 500. The internet slashed that price to zero. Charging would have been impractical, so small is the marginal cost.

Users may pay nothing, but companies like Google and Facebook have fixed costs to cover: engineers, data centres, etc. To make money, they squeeze their users indirectly, by charging companies to put appropriate advertisements in front of captive eyeballs. In the second quarter of 2017, Facebook eked an average of $4.65 out of each of its users by peppering screens with ads and promoted posts. (By comparison, just eight cents came from payments and other fees, mainly from people paying for stuff within virtual games.) Den Rest des Beitrags lesen »

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Can the Tech Giants Be Stopped?

Posted by hkarner - 17. Juli 2017

Date: 15-07-2017
Source: The Wall Street Journal

Google, Facebook, Amazon and other tech behemoths are transforming the U.S. economy and labor market, with scant public debate or scrutiny. Changing course won’t be easy.

Sometimes it is hard to grasp how quickly the giant tech companies have come to dominate the world economy. Ten years ago, only one of them, Microsoft , was among the biggest companies in the world as measured by market capitalization. These days, the top five usually consists of Apple , Alphabet (the parent company of Google), Amazon , Microsoft and Facebook .

It has been an astonishingly rapid rise for the tech giants, and it’s far from over. The big question for the future is: How will their ever-expanding control affect other businesses and the labor market? Den Rest des Beitrags lesen »

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HOW LONG UNTIL FACEBOOK TAKES OVER THE WORLD?

Posted by hkarner - 11. Mai 2017

Date: 10-05-2017
Source: NewsWeek

Facebook Doubles Down On Social VR With Spaces—Now in Beta!

At some point soon, possibly even in May, the number of people in the world using Facebook is going to top 2 billion. That will mean more than half of all internet users in the world are on Mark Zuckerberg’s 13-year-old social network.

In its first quarterly earnings report for 2017 on Wednesday, Facebook stated that it had 1.94 billion monthly active users—300 million more than it had at the same time last year. According to the web-monitoring website Internet Live Stats, there are more than 3.6 billion internet users in the world—around 200 million more than there were last year. Facebook is on its way to signing them up.

Speaking after the quarterly results were announced, Facebook CEO Mark Zuckerberg spoke of the company’s size but did not make explicit his plans for keeping up this astonishing rate of growth. “With that foundation our next focus will be building community,” Zuckerberg said. “There’s a lot to do there.”

The word “community” only hints at his ambitions. Several initiatives the social network has launched in recent years point to his plan to connect the entire world to the internet—and by extension, to Facebook.

Some attempts, like the solar-powered internet planes it tested in Arizona last July, have had some success yet remain a long way from being realized on any significant scale. Other attempts, such as its Free Basics program in India have failed entirely—Indian regulators shut the project down in February over concerns about the social network’s potential to threaten net neutrality.

On Thursday, the technology juggernaut announced the commercial launch of “Express Wi-Fi,” which it claims will give millions of Indians access to the web at an “affordable” fee. It is designed to allow people to pay for the internet directly from local service providers and according to its website is live in Nigeria, Kenya, Tanzania and Indonesia as well as India. The initiative forms part of facebook’s Internet.org project, which launched in 2013 with the stated ambition of connecting the two-thirds of the planet without internet access.

Some activists have criticized Internet.org for the underlying implications of what is arguably Zuckerberg’s most ambitious project.

“We shouldn’t celebrate Facebook’s efforts to ‘bring the internet to all’ because that is not what they are doing,” transparency advocate David Sasaki said in a blogpost published shortly after the unveiling of Internet.org. Den Rest des Beitrags lesen »

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EU will Facebook sperren

Posted by hkarner - 1. April 2017

Auf Initiative von Heiko Maas plant Brüssel eine Verordnung, soziale Netzwerke innerhalb von 24 Stunden komplett zu sperren, wenn sie ihren Löschpflichten nicht nachkommen. Dafür soll ein „Netzdurchsetzungsgesetz“ (NetzDG) sorgen.

01.04.2017 mmnews

https://i0.wp.com/www.start-vpn.com/blog-deutschland/wp-content/uploads/2012/06/Facebook-Censored.jpg

Die Tage von Facebook und Twitter könnten gezählt sein. Nach MMnews-Informationen plant Brüssel ein Gesetz, mit dem EU-Behörden soziale Netzwerke jederzeit abschalten können.

Dazu soll in Kürze ein „Gesetz zur Verbesserung der Rechtsdurchsetzung in sozialen Netzwerken“ (kurz: NetzDG – „Netzdurchsetzungsgesetz“) verabschiedet werden. Was sich zunächst relativ harmlos anhört, könnte die Internetkultur in der EU erheblich verändern, denn der Sprengstoff des Gesetzes verbirgt sich – wie üblich – im Kleingedruckten.

Die Gesetzesinitiative stammt aus dem deutschen Justizministerium und soll so EU-weit übernommen werden. Dem Vernehmen nach begrüsste Justizminister Heiko Maas ausdrücklich die Geschlossenheit, mit der Brüssel nun gegen Hasskommentare und Fakenews vorgehen will.

Gegenwärtig sei eine massive Veränderung des gesellschaftlichen Diskurses im Netz und insbesondere in den sozialen Netzwerken festzustellen, beklagt Maas in einer internen Stellungnahme. Die Debattenkultur im Netz sei oft aggressiv, verletzend und nicht selten hasserfüllt. Hasskriminalität und andere strafbare Inhalte, die nicht effektiv bekämpft und verfolgt werden kann, bergen eine große Gefahr für das friedliche Zusammenleben einer freien, offenen und demokratischen Gesellschaft. Den Rest des Beitrags lesen »

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