Posts tagged #Facebook
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Meta Threatens to Cut Off Facebook In Nigeria Over $290 Million Fine | Vantage with Palki Sharma | N18G
Meta is facing $290 million in fines from Nigerian regulators for allegedly breaking local laws. The company called the demands “unrealistic” and warned it might shut down Facebook and Instagram in Nigeria. This has sparked concern among millions of Nigerian users who rely on the platforms for daily life and business. Like Meta, other tech giants—Apple, Google, TikTok—are under growing global scrutiny and face mounting fines worldwide.
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Nigeria | Meta | Mark Zuckerberg | Instagram | Economy | Silicon Valley | Facebook | Apple | Google | TikTok | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#nigeria #meta #facebook #instagram #markzuckerberg #economy #siliconvalley #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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Facebook, Instagram Go Down: What Caused the Outage? | Vantage with Palki Sharma
Meta suffered a highly unusual outage of all its social media platforms with users of Facebook, Instagram and Threads locked out of their accounts. It happened on Super Tuesday when millions of Americans were voting. That's why the White House is now looking it. What caused this outage? Palki Sharma tells you.
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Meta | Facebook | Instagram | Global Outage | Mark Zuckerberg | Firstpost | World News | Vantage | Palki Sharma
#meta #facebook #instagram #global #outage #markzuckerberg #facebookdown #instagramdown #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
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Major Tech Hiring Slump in India: 90% Drop in Job Postings in 2023 | Vantage with Palki Sharma
India's tech sector is facing a dramatic decrease in hiring. Going by one claim active job postings from major companies like Facebook, Amazon, Apple, Microsoft, Netflix, and Google have plummeted by 90% in 2023.
This downturn reflects the broader economic slowdown impacting the global tech industry.
Palki Sharma explores what it means for India's tech landscape.
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Tech | Hiring | India | Economy | Google | Facebook | Firstpost | World News | Vantage | Palki Sharma
#tech #hiring #india #economy #google #facebook #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
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Around 12,000 Google employees have been emailed, telling them their jobs are gone.
It follows cuts at Meta, Twitter and Microsoft.
More than 200,000 jobs have been lost in the sector in a year.
Some blame over-recruitment during the pandemic, wrong strategies or economic factors.
So why are so many jobs being lost in the sector worldwide?
Is Big Tech in big trouble?
Presenter: Adrian Finighan
Guests: Elaine Burke, Science and Technology Journalist, Host of "For Tech's Sake" podcast.
Jim Anderson, Chief Executive Officer, Beacon Software, Social Media Sector Lead at Glasswing Ventures.
Adrian Weckler, Irish Independent Technology Editor.
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#News #BigTech #Google #Microsoft #Meta #Facebook #Twitter #Instagram #Whatsapp #Jobs #Economy #TechnologyShow less -
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⚠️⚠️⚠️#facebook #meta #metaverse ⚠️⚠️⚠️
Will Mark Zuckerberg quit Facebook rumor and retire? ($META) Facebook has denied the rumor. But what if it's true? Could it be the death of the metaverse?
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
Videos are not financial advice. -
Meta disciplined or fired more than two dozen workers that it found allegedly misused an internal system to hijack users’ accounts. In some cases, Meta says the workers charged users bribes to regain access to their profiles, according to people familiar with the matter and internal documents.
WSJ reporter Kirsten Grind joins host Zoe Thomas to discuss how it happened.
https://www.wsj.com/articles/meta-emp...
https://www.wsj.com/articles/worried-...
Photo: Josh Edelson/Agence France-Presse/Getty Images
#Meta #Facebook #WSJ -
"I knew there was no chance Facebook could save itself," says Frances Haugen, data scientist and Facebook whistleblower. "I became increasingly alarmed by the choices the company made," prioritizing their own profits over public safety and putting people's lives at risk, she tells Daniela Cambone at the 2022 Stansberry Conference and Alliance Meeting. Frances explains why she decided to blow the whistle on Facebook. She fundamentally believes that the problems we are facing today with social media are fixable, and details the danger of the Chinese-owned TikTok app. "We can have social media that brings out the best in humanity," she concludes.
00:00 How Frances’ life changed one year after the revelation
3:30 Frances shares what made her act
6:45 Why was there a lack of ethics?
8:20 The structure of Meta
8:50 The impact of social media on young women
10:48 How should the younger generation be better protected?
12:51 Midterm election concerns
14:06 Frances’ thoughts on TikTok
16:26 What’s next for Frances?
#facebook #socialmedia #tiktok
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Twitter Users are Looking for Alternative
Welcome to The Daily Forkast, November 16th, 2022, presented by Joel Flynn for the latest in blockchain & crypto news. Coming up on today’s show:
00:00 - Intro
00:22 - Twitter Users are Looking for Alternative
We’ll have more on that in this episode of The Daily Forkast November 16th.
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Ethereum Updated Roadmap 👉 • ETHEREUM Updates:...
Polkadot Explained 👉 • Polkadot: Can DOT...
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⛓️ 🔗 Useful Links 🔗 ⛓️
► The Intercept Article: https://theintercept.com/2022/10/31/s...
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- TIMESTAMPS -
0:00 Intro
0:38 The DHS
5:12 When Censorship Began
9:34 How Bad Is The Censorship?
14:44 Who Determines Truth?
19:32 Is DeSoc The Solution?
23:05 Outro
~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Socialmedia #Twitter #facebook -
Meta, which owns Facebook, Instagram and WhatsApp, has announced that it will cut 13% of its workforce.
The first mass lay-offs in the firm's history will result in 11,000 employees, out of a worldwide headcount of 87,000, losing their jobs.
Meta's chief executive, Mark Zuckerberg, said the cuts were "the most difficult changes we've made in Meta's history."
Zuckerberg blamed massive long-term expectations for growth based on the firm's rise in revenue during the pandemic.
The news follows major lay-offs at Twitter, which cut about half its staff, and other tech firms.
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#Meta #Facebook#BBCNews -
Meta Platforms Inc said on Wednesday it will let go of 13 percent of its workforce, or more than 11,000 employees, in one of the biggest technology layoffs this year as the Facebook parent battles soaring costs and a weak advertising market.
The broad job cuts, the first in Meta’s 18-year history, follow thousands of layoffs at other leading tech companies including Elon Musk-owned Twitter and Microsoft Corp.
The pandemic boom that boosted tech companies and their valuations has turned into a bust this year in the face of decades-high inflation and rapidly rising interest rates.
Meta, whose shares have lost more than two-thirds of their value, said it also plans to cut discretionary spending and extend its hiring freeze through the first quarter.
Chris Stokel-Walker is a technology Journalist and Author; he joins us live from in Newcastle in the UK for the latest updates.
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#Meta #Facebook #Metaverse #AlJazeeraEnglish -
Big Tech is in crisis. Major companies like Meta, Google and Amazon have seen massive declines in their market value as revenues have declined. Elon Musk-owned Twitter laid off thousands of employees with Mark Zuckerberg's Meta reportedly planning to do the same. With an economic recession looming it seems like the era of big tech is over.
Mint's Shashank Mattoo breaks down Big Tech's challenges. Mattoo looks at what made these companies so dominant in the first place. He explains the crisis of Big Tech - falling revenues, a decreased capacity for innovation and increased pressure from governments.
#bigtech #bigtechcrisis #facebookcrash #markzuckerberg #facebook #markzuckerbergmeta
#google #meta #stock #crash #twitterlayoffs #twitterfires #thousands #india #twitterindia #indianews #indiaregulates #socialmedia #worldnews #twitterelonmusk #sundarpichai #google #recession #bigtechrecession #apple #amazonjeffbezos #teslaelonmusk -
People have been waiting for seemingly forever for the arrival of Web3. So why hasn't it changed our lives yet?
Welcome to The Daily Forkast, November 4th, 2022, presented by Joel Flynn for the latest in blockchain & crypto news. Coming up on today's show:
00:00 - Intro
00:12 - Why Mark Zuckerberg’s vision of the future is still some way off
We’ll have more on that story in this episode of The Daily Forkast November 4th.
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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi #bitcoin #bitcoinnews #bitcoinprice #btc #btcprice #btcnews #cryptonews #cryptomarket #cryptocurrencynews #cryptocurrencynewstoday #meta #metaverse #vr #virtualreality #facebook #markzuckerberg #zuck #sandbox -
Inventories in the diesel market are near an all-time low for the U.S., "with 25 days remaining," warns George Gammon of the Rebel Capitalist. "The poor and middle class are worse off today then 2019," due to economic policy caused by U.S. politicians, according to him. "At the end of the day, Jerome Powell and the Fed are going to do whatever the Biden administration wants them to do," Gammon says. All of the problems the Fed is trying to fix can be solved by letting the free market dictate the price of goods and services, concluding that, "there are no certainties, only probabilities."
#facebook #tiktok #elections
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00:00 What should we be watching for in the mid-term election?
3:04 Biden’s $13 billion aid
7:18 Alberta Premier Danielle Smith ending agreement with World Economic Forum
9:50 Canadians getting GST credit payment
11:04 The current administration’s influence over Powell and the Fed
12:17 The price of money should be set by the free market
14:16 The growing power of BRICS
19:11 Conspiracy theory
20:44 Gammon’s favorite assets
23:05 Economic outlook for 2023 -
The $180bn gaming industry, twice the size of the film business, already attracts hundreds of millions of players. But as tech leaders vie to create the next iteration of the internet, gaming has become a battleground. The FT explores how gaming got so big, and whether it really can be the gateway into this new world. Or will regulation, integration, and plain old reality get in the way? Read more at https://on.ft.com/3GxnFBW
#Metaverse #technology #gamingindustry #virtualreality #augmentedreality #gaming #tech #companies #internet #regulation #integration #Facebook #Meta #online
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Facebook CEO Mark Zuckerberg was once touted to become the world's richest man, he has now slipped to the 12th spot. Zuckerberg was the face of the social media revolution, he has now become the face of big tech's tyranny. Palki Sharma brings you the story of Zuckerberg's fall.
#Gravitas #MarkZuckerberg #Facebook
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WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.
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Francisco Gimeno - BC Analyst Times come, times go and now Zuckerberg is not the richest man. Although he is richer than most of the people on this planet! Social media is changing towards a new way, a new iteration, and FB-Meta represents the old paradigm. Even Instagram is already seen by the new generation as "old". The bet for the Metaverse and other new digital technologies is the way for Zuckerberg to prepare for the changing times. But he has a steep way to climb to get away from the reputation (whether is true or not is not the issue here) of being a global company with power delusions controlling personal data and lives of people (live in FB Metaverse, use our future Meta digital coin, enjoy with us... only).
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A 43-year-old from London was gang-raped on Facebook's metaverse platform - 60 minutes after logging on. Is it time for governments to step in and regulate virtual interactions? Will the metaverse become a dark underbelly of the real world? Palki Sharma tells you.
#Facebook #Metaverse #Gravitas
About Channel:
WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.
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Welcome to Forkast Forecasts 2022. In this series, leaders, innovators and visionaries in blockchain-related fields tell Forkast.News their predictions for the year ahead.
In this episode of Forkast Forecast, we spoke with Animoca Brands co-founder Yat Siu to get his prediction for 2022.
Yat Siu is founder and chairman of blockchain gaming unicorn Animoca Brands, which is headquartered in Hong Kong. Siu, a pioneer in the gaming industry, began his career at Atari Germany in the early 1990s.
In Hong Kong, where he resides now, he established the first free web-page and email provider in Asia with his Cybercity/Freenation in 1995. Siu is also founder and CEO of white-label software-as-a-service provider Outblaze.
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PREDICTIONS FOR 2022
Mass metaverse migration
“When Facebook announced that they’re going to be Meta and sort of be the metaverse — even though their metaverse is not one that is powered by blockchain or maybe one that is truly open — people are now becoming aware. When you think about the whole graph of adoption, we’re at the early adopter cycle, but we’re very, very rapidly moving up that cycle. Even among non-financial circles, you have people talking about the potential of the metaverse. So from that perspective, we’re now going to go from millions of users that are in the space [and] we’re going to shoot — in my perspective — way past tens of millions. In 2022 we’ll be in the hundreds of millions of users, essentially, in the open metaverse through blockchain.”
There will be no winner in the metaverse conquest
“I don’t think it’s going to be a winner takes all. I don’t think there’s going to be one. In fact, it would be rather depressing if there was one, because then it means that it would impact things like choice, diversity, inclusion. All these things would struggle and suffer if there was only one such environment. The big thing around all of these comes from one major paradigm as far as we’re concerned, which is actual true digital ownership. If you can have actual safe and secure property rights in the digital space, no matter which chain you’re on or which metaverse you’re on, then from there, the foundation can be built for what we consider is the true metaverse and the kind of societies that actually have real property in the sense that they can be safe and secure, allow for the construction of new businesses and new innovations to sort of innovate on top.”
Digital ownership will determine what an open metaverse will be
“That, to me, is the big promise of the open metaverse — which is that we can construct exactly the same way we live in the physical world — in terms of innovation and ideas and creation of new things — because I happen to own ‘this’ and that ownership is secure and proven. So, that’s what the open metaverse is about. The closed metaverse that some companies are trying to build are absolutely not doing that, and we think ultimately they will fail. But obviously, I think that is going to be a big theme in the coming years, where there’s going to be those who will try to build the closed metaverse and then everyone else — by companies like ourselves — that are trying to build the open metaverse.
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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi #Metaverse #YatSiu #Facebook #AnimocaBrands #GameFi #Gaming #Gamer #Meta #DigitalOwnership
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ABOUT FORKAST.NEWS
Forkast.News covers blockchain, DLT, cryptocurrency and other emerging technologies in a way that anyone can understand. We help you bridge the gap between the blockchain industry and the mainstream.
From NFTs to enterprise blockchain platforms, smart contracts to altcoins, Bitcoin to DeFI and beyond; Forkast’s blend of insight, analysis & daily blockchain news keeps you on the cutting edge of the digital asset revolution and the wider digital economy it both supports and disrupts.SHOW LESS -
Could Facebook's Metaverse be the future? What exactly is the Metaverse and how can you participate? We explain everything you need to know about the Metaverse in this video. What do you think about the Metaverse? Tell us in the comments....
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#Metaverse #Meta #Facebook-
Francisco Gimeno - BC Analyst How can we be part of FB's Metaverse? Well, anyone born in the digital era will find it easy. Thos born before will take it more slowly. But overall, most people will be some time in a metaverse platform (not necessarily FB's), doing whatever they like or working. Using VR or AR, expanding the time of our lives not living more years but living in different realities. The future seems complicated but, being optimistic, it also seems to be a lot of fun.
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New York Times reporter Mike Isaac shares insight after Facebook CEO Mark Zuckerberg introduced the new virtual and augmented reality platform called "the metaverse."
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#ABCNL #FACEBOOK #METAVERSE #MARKZUCKERBERG-
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Facebook is currently working on a bunch of secret and rather creepy projects like what they call the metaverse and another secret project which is meant to revolutionize the way humans interact with each other. Ever since Oculus VR was absorbed by Facebook Reality Labs, its goal is to put every human in a virtual reality office space and a metaverse to have a bunch of control over them.
Facebook's Mark Zuckerberg considers Virtual and Augmented Reality to be the future of technology and artificial intelligence.
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Every day is a day closer to the Technological Singularity. Experience Robots learning to walk & think, humans flying to Mars and us finally merging with technology itself. And as all of that happens, we at AI News cover the absolute cutting edge best technology inventions of Humanity.
If you enjoyed this video, please consider rating this video and subscribing to our channel for more frequent uploads. Thank you! :)
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TIMESTAMPS:
00:00 Facebook's Grand Plan
01:45 What is the MetaVerse?
03:13 The Future of Facebook & Oculus
04:31 Facebook and Augmented Reality
07:22 Artificial Intelligence & VR/AR
09:14 Last Words
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#facebook #ai #ar-
Francisco Gimeno - BC Analyst Nobody should be surprised at this stage that Facebook is working on the Metaverse, a FB crypto, and other techs arriving with the 4th IR, such as AI, etc. The control of social media, the data, etc, is important for them, having already a faithful group of followers and users all around the globe. The Metaverses different companies will build over time will compete and for good results they would be interconnected, while users would have overall controls of their own personal or company data. But let's see what will happen in reality.
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Facebook is planning to change its name and logo as part of a rebranding strategy. Will the change in nomenclature reform Facebook's toxic business model? Palki Sharma tells you why it's time for Mark Zuckerberg to quit.
#Facebook #MarkZuckerberg #Gravitas
About Channel:
WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.
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Facebook whistleblower Frances Haugen testified before a Senate panel Tuesday, telling lawmakers that how platforms like Facebook and Instagram work and cause harm in a way that was accessible and mostly jargon-free.
#FrancesHaugen #Facebook #EnglishNews
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Facebook whistleblower Frances Haugen testified before a Senate panel Tuesday, telling lawmakers that the platform's decisions are "a huge problem" for children, public safety, and democracy.
#FrancesHaugen #Facebook #EnglishNews
About Channel:
WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.
Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
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Dan Howley joins the Yahoo Finance Panel to discuss Facebook's scrutiny as the WSJ finds evidence of Facebook ignoring employees' concerns to protect users. Watch as the panel breaks down what this revelation could mean for the company in the future.
#Facebook #WSJ #Report #Evidence
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Francisco Gimeno - BC Analyst Facebook finds itself again and again in dire straits concerning data use, and lack of protection for its users. Of course the global company defends itself, but the WSJ report gives us a lot of empirical evidence to the contrary. There is a growing awareness that we need a decentralised social media which have the user at the centre, and not the profit. Otherwise, news like these are really disgusting.
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Welcome to The Daily Forkast - July 27th, 2021 - presented by Angie Lau. For the latest in blockchain & crypto news. On today's show: Huobi makes moves to leave China. Facebook Novi goes on a Philippines hiring spree and new K-Drama 'The Age Of Money' takes crypto back in time.
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Timings:
0:00 Coming up
0:27 Huobi moves to deregister its Beijing entity
1:35 Market rundown (BTC, DOGE, ADA)
2:02 Facebook goes on Philippines hiring spree for Novi digital wallet project
3:25 K-drama takes crypto back in time with 'Age Of Money'
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#DailyForkast #CryptoNews #BlockchainNews #Crypto #ForkastNews #Huobi #Facebook #Novi #KDrama #CryptoExchange
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Check out previous episodes of The Daily Forkast here - https://youtube.com/playlist?list=PLE...
And for our 'Word On The Block' industry leaders interview series playlist click -
https://youtube.com/playlist?list=PLE...
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ABOUT FORKAST.NEWS
Forkast.News covers blockchain, DLT, cryptocurrency and other emerging technologies in a way that anyone can understand. We help you bridge the gap between the blockchain industry and the mainstream.
From NFTs to enterprise blockchain platforms, smart contracts to altcoins, Bitcoin to DeFI and beyond; Forkast’s blend of insight, analysis & daily blockchain news keeps you on the cutting edge of the digital asset revolution and the wider digital economy it both supports and disrupts.
ABOUT ANGIE LAU
Angie Lau is editor-in-chief, CEO & founder of Forkast.News and host of ‘The Daily Forkast’. She is an award-winning veteran journalist, a respected thought leader in blockchain technology and a speaker at conferences around the world including the Forbes Summit, Binance Blockchain Week, Paris Blockchain Week Summit and the Asia Blockchain Summit.
Before founding Forkast in July 2018, Angie anchored Bloomberg TV’s flagship morning show “First Up with Angie Lau” broadcast globally into 350 million homes, offices and trading floors. Angie’s TED Talk “I Am Not Supposed to Be Here” is now a TED-Ed lesson for its global audience of 6.7 million followers. -
A battle about online news is pitting Australia against two of the world's biggest tech firms.
The government wants Google and Facebook to pay media companies for journalism.
Facebook responded by blocking Australians from viewing and sharing news articles.
After threatening to pull out of the country, Google has since signed payment deals with media firms.
Canada and the EU are considering similar legislation.
So who will win this fight?
Presenter: Nick Clark
Guests:
Julie Posetti - International Center for Journalists
Courtney Radsch - Committee to Protect Journalists.
Catalina Goanta - Assistant Professor in Private Law, Maastricht University.
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#InsideStory #Australia #Facebook-
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If you use a computer, cell phone, or tablet, you are most likely bombarded with advertisements. When these ads get personal, it can become creepy. Fast Company hit the streets of New York to ask—is targeted advertising as bad as it seems?
#facebook #google #ads
Fast Company is the world's leading progressive business media brand, with a unique editorial focus on innovation in technology, leadership, and design.-
Francisco Gimeno - BC Analyst Surveillance Capitalism, Targeted advertisement? We all can feel the creepiness and the need to pause and think again but, can we live without our devices, even more, without our house appliances which also harvest our data? Time to think, be creative, and see what options we can have with out personal and social data. Is really a necessary evil? What can we do?
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Highly Recommended Research: How Many Americans Really Own Crypto, Skewed Result... (cointelegraph.com)A recent survey conducted by Finder set out to find cryptocurrency ownership, interest, and gender distribution statistics for the American population.The survey discovered that 92 percent of the American population has not purchased cryptocurrency and only eight percent of them plan on investing in cryptocurrency in the future.
However, research indicates that Finder’s survey is not the most accurate representation of cryptocurrency demographics in the US. Let’s look at the numbers.What did Finder find
How many Americans own cryptocurrency, which cryptocurrencies people have purchased, why people chose the cryptocurrency they have purchased, the percentage of individuals who own cryptocurrency by gender, the proportion of each generation that has purchased cryptocurrency, and the reasons why people are not buying cryptocurrency.
These questions were addressed by Finder, who reported that 5.15 percent of crypto-owners owned Bitcoin.
Source: FinderAnd that 29.99 percent of women and 23.63 percent of men believe cryptocurrency is too complicated to understand.
Source: FinderWhat misses
However, the data does not accurately represent the American population. Finder only surveyed 2,001 adults in America, this represents 0.0011 percent of the adult population in America according to the US Census Bureau.Furthermore, Finder did not use a weighting scheme. Therefore the 2,001 individuals surveyed do not provide an accurate representation of the American population once it is scaled.
Analyses that involve statistics usually weight their data so that when the findings are multiplied by a factor to equal the size of the entire population, instead of the size the population that was sampled. The data would provide a representation of the demographics of the entire population and not just represent the demographics of the sampled population.
A more accurate representation of cryptocurrency ownership and cryptocurrency sentiments in America would have been if Finder weighted the data according to the age, race, sex, education, and geography demographics in the Census Bureau’s American Community Survey.Other recent surveys
A joint survey by Global Blockchain Business and Survey Monkey used the weighting scheme mentioned above in a research conducted in January 2018 and were able to produce statistics regarding the cryptocurrency ownership and sentiments of the American Population with a +/- two percent margin of error.
The joint survey polled 5,761 adults in America and found that only five percent own cryptocurrency, 21 percent of those polled were “considering adding cryptocurrency to their portfolios,” and 58 percent of the cryptocurrency holders were white males under the age of 34.
A 2017 survey conducted by LENDEDU set out to find the role cryptocurrency was playing in the American economy. However, in the LENDEDU data, there is no mention of it being weighted, so we can not expect the data to provide an accurate representation of the American crypto ownership.
Nonetheless, we are able to examine some of the statistics in the LENDEDU survey and bar them up against the data of the Finder survey. However, it should be mentioned that 1,000 individuals were surveyed in the LENDEDU survey, while 2,001 individuals were surveyed in the Finder survey.LENDEDU found that out of 1,000 individuals surveyed:- 13.99 percent own Bitcoin
- 17.18 percent of individuals plan on investing in Bitcoin in the future.
Source: LENDEDU
Source: LENDEDUMillenials and Generation X
A similarity between the results of the Finder survey and the survey by LENDEDU is that Millenials are the largest group invested in cryptocurrency followed by Generation X.The survey by Finder found that among those who purchased cryptocurrency there are:- 17.21 percent of Millenials surveyed,
- 8.75 percent of Generation X surveyed.
Source: FinderThe survey by LENDEDU found that:- 38.64 percent of Millenials, and
- 32.54 percent of Generation X surveyed own or have owned Bitcoin in the past
Source: LENDEDUAnother similarity between the statistics in the Finder survey and the LENDEDU survey was that more males than females own cryptocurrency.Finder’s survey found that:- 11.86 percent of males, and
- 4.27 percent of females surveyed own cryptocurrency
And LENDEDU’s survey found that:- 21.82 percent of the males, and
- 8.98 percent of the female population surveyed owned Bitcoin.
Looking forward to an exemplary survey
We can expect more polling and studies to be conducted regarding different populations sentiments toward owning cryptocurrency and future investing in the future, as the cryptocurrency market continues to grow in size and popularity.
But at this point in time, there is a lack of data that provides us with useful statistics regarding cryptocurrency ownership demographics.In 2016, an unfinished study titled “US Consumers’ Adoption and Use of Bitcoin and Other Virtual Currencies ∗” conducted by Scott Schuh from the Federal Reserve Bank of Boston and Oz Shyfrom the MIT Sloan School of Management reported that “about one percent or less of US consumers have ever owned (adopted) virtual currency.
”The data in the report comes from the Survey of Consumer Payment Choice- an annual survey of 2,000 US consumers that measures adoption of bank and other transaction accounts, as well as use of payment instruments, including cash.
However, that was nearly two years ago and cryptocurrency did not really gain popularity until the latter half of 2017.
If surveyors continue to conduct studies without weighting their findings to the country they are observings demographics, studies will produce inaccurate statistics regarding the sentiments toward cryptocurrency and cryptocurrency ownership, and society will have an inaccurate understanding of the role cryptocurrencies play in economies and households throughout the world.It is difficult to estimate a minimum and maximum number of cryptocurrency holders via a survey.
Even if we had data that told us the total amount of cryptocurrency wallet addresses in the US, so many people have forgotten their private keys, lost or broken the piece of hardware that stored their funds, have signed up for a wallet but have never deposited funds or have multiple wallet addresses.If the sampled population reflects the American demographics then the results of the survey will be relatively accurate when the survey is brought to scale.
For example, according to the US Census Bureau, 76.9 percent of the population is white, 13.3 percent is black and 10 percent is other, if a survey with a sample size of 100 wanted to provide an accurate representation of data in America, the survey should question about 77 white individuals, 13 black individuals and 10 individuals who are neither white nor black.
A survey weighted to the American demographics would cause the responses given in the survey to reflect the responses that would come from the different ethnic, gender, and race groups in America and would more accurately represent the sentiments of the American population.
CoinTelegraph is a leader in Cryptocurrency reports and research. Discover more here: https://cointelegraph.com/news/how-many-americans-really-own-crypto-skewed-results-of-polls-and-surv...-
Francisco Gimeno - BC Analyst Inaccurate statistics lead to inaccuracy reading the big data and mistakes when projecting for the future. This looks like the case in USA for the findings of this article. The latest case with #Facebook and Cambridge Analytical shows us what are the dangers of flawed data.
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Facebook, Google and Twitter Banning Crypto Ads Is a Blessing for Legit Coins
Two weeks ago, in a significant development for the burgeoning cryptocurrency and blockchain industry, Google announced it would join Facebook in banning cryptocurrency ventures from advertising on its platform. And last week, Twitter hinted it might join them.
While some saw this as a troubling sign for the industry, it’s actually long-needed, positive step that will enable legitimate ventures to rise to the top on their merits.Arran Stewart, cryptocurrency, ICO and blockchain expert and co-owner of blockchain recruitment platform Job.com said, “The recent bans on cryptocurrency and ICO ads is a positive thing for this growing technology.
The decision will not hold back the success of cryptocurrencies and ICOs. Instead, it will protect less knowledgeable users from fraudulent or misleading investments.
”Bitcoin has proven itself to be a viable commodity with a real value based on the innovations it brought to the currency market: It’s decentralized, fraud-proof, fast and highly secure.
But it has also attracted fraud and is highly speculative (much of its interest lies in its potential as a global, universal currency that isn’t controlled by banks, governments or corporations), and because the code for creating cryptocurrencies is open source, anyone can create their own, which means the market is being flooded with them.
There are now over 1,600 different cryptocurrencies, many of which don’t actually hold any value and are vulnerable to fraud and artificial inflation, like pump and dump schemes.
Compounding this is the fervor surrounding blockchain technology, which underlies digital currencies. Because the blockchain is a digitized, decentralized, transparent and—for the time being—unhackable ledger, its potential applications are as intriguing as they are far-reaching; from medical records and smart contracts to digital identity authentication and even online voting, blockchain technology can make once complicated tasks simple, secure and instantaneous.
So it should come as no surprise that many believe it’s poised to transform just about every business and industry. The issue is that blockchain’s hype has reached such great heights that the mere mention of it attracts investor interest, a situation that is ripe for exploitation.
For example, fraudulent companies and outright schemes have duped eager investors with false promises, and companies have arbitrarily added “blockchain” to their name to raise capital and boost their value.Good-faith actors that are working to advance the technology’s usage are being eclipsed by bad-faith ventures that are promising investors extravagant returns that simply aren’t likely—if not impossible.
It’s like the dotcom bubble: Legitimate success stories like eBay and Amazon led to copycats making absurd promises that were optimistically received by wide-eyed investors looking for an opportunity to get in on the next big thing. The same speculative mania is playing out right now.
What’s the solution? How do genuine, valuable and potentially lucrative blockchain-based ventures cut through the noise of unbridled hype on one end and blatant fraud on the other to reach an increasingly frustrated investor base?
Ultimately, cryptocurrency and blockchain companies need to authentically engage their audience, earn the trust of consumers and investors, and organically rise to the top on their merits.
Communicating business ideas, especially revolutionary ones, is not an easy task; with that compounded by the mania, misinformation and exploitation surrounding the industry, blockchain companies have quite the challenge ahead of them. Some might call this a PR problem, but to me, it’s a massive and exciting PR opportunity.
The key distinctions that need to be communicated are concreteness and value. Scams work by playing off ignorance, talking in a roundabout way about what they do and how they operate.
And while get-rich-quick schemes have obvious and immediate appeal, they’re usually easy to identify, not only for their general air of “too good to be true,” but for how vague they are in describing what they actually offer. It’s a classic scam; The principals come at investors with big talk about changing the world but have no business model, no product in the pipeline, and no plans for the future except to keep it running as long as possible.
From a messaging standpoint, legitimate blockchain companies—which, does not include tea making company Long Blockchain Corp.—need to create a strategic communications plan that focuses on concrete steps more than vague generalities. And while that may seem like missing the opportunity of taking advantage of all the fervor surrounding the market, there is a balance to be struck.
Being passionate about your big ideas is great, but it has to be tempered with honest, straightforward, factually accurate and understandable communication. If a company is building for long-term growth, banking on a speculative bubble is not the optimal path forward.
The solution for any good-faith player in this still young industry is to prioritize a communications strategy that cuts through the clutter, reaches target audiences, and clearly differentiates the company from its competitors. That means focusing on specific, attainable goals that offer the market real value and learning how to effectively communicate them.
This separates real businesses from the speculative pack. And in this marketplace, one where a parody cryptocurrency named after a meme-ified shiba inu could be worth $2 billion, only serious businesses with communicable, workable plans for generating value and reaching profitability will standout.
It’s downright revolutionary.
Eric Yaverbaum has worked in the public relations industry for over 35 years and currently serves as President and CEO of Ericho Communications.
Discover More from Observer here: http://observer.com/2018/03/facebook-google-and-twitter-banning-crypto-ads-is-good-for-blockchain/-
Francisco Gimeno - BC Analyst Amazing article from #observer. You have been reading this in this website too. #Google, #Facebook and possibly #Twitter #crypto ads' bans are not a hurdle but an authentic opportunity to make the real and profitable #Blockchain and crypto platforms and start ups to thrive while scaring scammers and bad faith players away. Is it also what you think?
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