Facebook, Amazon etc....
- Thread starter Raoul
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imagine being a developer and having to put MetaMate on your CV 
And you know theyll have to because all of these Valley feckers are just an extended tech-based cult
And you know theyll have to because all of these Valley feckers are just an extended tech-based cult
So pretentious by him.
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I didn't know that Clegg was even kicking it with these guys
Feck me, they actually want to go bankrupt don't they?
I did a podcast on big tech from an investing perspective last week which might be of interest.
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This is interesting pal. You just got a new subscriber
Thanks man!This is interesting pal. You just got a new subscriber
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I'm always amazed at how these things unfold. I can see why a CEO might be crazy but all these execs who have to carry out this dirty work...what are they thinking?
Going to be great when 10% of the planet speak Amazon Patois as their first language 20 years from now.
You laugh but I reckon Amazon having their own language is a fairly predictable end game. A limited, efficient language which is taught to kids in Amazon sponsored schools. A limited language which has no scope for small talk, gossip and criticism of the company.
I was thinking more of the language the workers are going to have to end up inventing to get around the 7,000 words you'll eventually not be allowed to say. Both could indeed probably happen.
There are already some images flying around Twitter of an 'Amazon-Approved Vocabulary' pamphlet:
There are already some images flying around Twitter of an 'Amazon-Approved Vocabulary' pamphlet:
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Another banned word on the Amazon app
Shouldn't be a surprise. I would imagine overwhemling majority of these executives would be from AWS and other tech verticals while those on retail side would feel the opposite. A good portion of Amazon tech workers have particpated in rallies against Amazon itself in Seattle over the years.
Amazon raising their prime membership from $7.99 a month to $9.99 a month in Canada.
feck right off Bezos you greedy bald cnut.
feck right off Bezos you greedy bald cnut.
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Who could have forseen it?
There were leaks last year about similar techniques being used to squash unions.
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This is just a bitter thread by ex-Facebook executive. Just some bullet points below:
- Apple still allows user to opt in for tracking their data to apps if they want to. Anyone can still do it if they want to. Bizarre to argue that users should not even be given that option.
-
at the notion that FB is not using the signals it is receiving from Apple users as part of its ad serving platform. - Duopoly for ads business already exists between Facebook and Google. Again this is just FB exec now bitter about Apple wanting a share of the pie.
Ads business is generally controlled by companies with "real estate" in digital world. Amazon also makes a lot of money from ads on its website by sellers wanting the desired space on the results or other pages. It also then allows you to advertise outside Amazon also on other sites using its framework. Similarly google primarily monetises on ads on its search pages along with other products like Youtube. Now apple wants its share of the pie given the apps are installed on their real estate.
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Amazon is becoming the Umbrella Corp. Another acquisition, in the healthcare industry: https://www.cnbc.com/2022/07/23/ama...gives-it-access-to-my-most-personal-info.html
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Do we have a Tik Tok thread? If so can someone move my post there since I can't find it.
https://www.bbc.com/news/world-63213567.amp
Even before this I thought Tik Tok looks far worse than even the likes of Facebook and Instagram, but this is ridiculous.
Also, I have noticed that TIK TOK is mostly used by kids, majority of kids from my neighborhood who know how to hold the phone are using it, and I am literally talking about kids that are 3 years age and older. I hate their parents for allowing them, and I regulary criticise them for that, but the fact that the society allows those networks to be used by those kids is lowest thing we've reached in last 30-40 years probably.
Companies getting rich on kids and the likes of these people from Syria is sickening. I seriously cannot describe how much I hate this world we live in.
Rant over
https://www.bbc.com/news/world-63213567.amp
Even before this I thought Tik Tok looks far worse than even the likes of Facebook and Instagram, but this is ridiculous.
Also, I have noticed that TIK TOK is mostly used by kids, majority of kids from my neighborhood who know how to hold the phone are using it, and I am literally talking about kids that are 3 years age and older. I hate their parents for allowing them, and I regulary criticise them for that, but the fact that the society allows those networks to be used by those kids is lowest thing we've reached in last 30-40 years probably.
Companies getting rich on kids and the likes of these people from Syria is sickening. I seriously cannot describe how much I hate this world we live in.
Rant over
Was reading this earlier - and was going to post it in the Hypernorm thread. Crazy stuff, but not really surprised given how social media companies behave.
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Big Tech is going to have their hands in literally everything, aren't they?
https://www.cnbc.com/2022/12/12/mic...xchange-and-launches-10-year-partnership.html
https://www.dataprotection.ie/en/ne...nounces-conclusion-two-inquiries-meta-ireland
TLDR
After a 4.5 year long legal process Meta has been fined nearly 400 million euros. But more importantly they now have 3 months to become GDPR compliant. In short, this means that Facebook users in Europe must be able opt out of personalised ads. Up until now Meta have contested that users should have to agree to Facebook's terms and conditions before using the app, but the EU rules clearly state that both options must be available(i.e. using the app without personalised ads).
Meta can appeal but it will probably not be overturned. This is a huge financial blow since personalised ads pretty much is how they earn money. Having said that, I wonder if the average Facebook user even cares about this? They'll probably just click "accept all" anyways.
TLDR
After a 4.5 year long legal process Meta has been fined nearly 400 million euros. But more importantly they now have 3 months to become GDPR compliant. In short, this means that Facebook users in Europe must be able opt out of personalised ads. Up until now Meta have contested that users should have to agree to Facebook's terms and conditions before using the app, but the EU rules clearly state that both options must be available(i.e. using the app without personalised ads).
Meta can appeal but it will probably not be overturned. This is a huge financial blow since personalised ads pretty much is how they earn money. Having said that, I wonder if the average Facebook user even cares about this? They'll probably just click "accept all" anyways.
I think they are only for the corporate, their retail workers are not going to get affected.