Could Mark Zuckerbergs Facebook omnipotence be coming to an end?
Greg Consiglio, chief operating officer at Connectt, says YES.
Facebook was originally set up to connect friends who share interests, primarily through a news feed that users controlled. Now, algorithms dictate the user experience, and with feeds more crammed than ever, what once was fun and informative now feels like work.
At its conference last week, Mark Zuckerberg announced a key focus on groups, private messaging, and smaller communities in an attempt to stem the tide of criticism. However, it is unclear if people will embrace the new vision, as questions remain over who has control of the users Facebook experience, data, and private communications.
With Facebook planning to take a $5bn hit from the US Federal Trade Commission for privacy violations, people are rightly asking whether the company and its offshoots can be trusted with our private moments – either through groups or messaging.
If Zuckerberg cant win over consumer trust, then further changes could be dictated for him.
Read more: Facebook ditches blue banner in privacy-focused redesign
Leon Emirali, communications specialist and investor, says NO.
Mark Zuckerberg has overseen one of the biggest corporate success stories of the twenty-first century.
The company he presides over owns four of the top five most downloaded apps in the western world. Although investors may be spooked by privacy and fake news concerns, consumers arent. Yes, Facebook user growth may have stalled (currently at a staggering 2.2bn users), but its portfolioRead More – Source
[contf] [contfnew]
CityAM
[contfnewc] [contfnewc]