Tag: data collection

RIP Facebook?

From Josh Quittner:

A lot of people say that Facebook has jumped the shark. That’s flat out wrong. In fact, Facebook is now being devoured by the shark. There’s so much blood in the water, it’s attracting other sharks. And if Facebook’s not careful, one of them is bound to come along and finish it off. I’ve never seen anything like it in the annals of fast-rising tech companies that fail.

It seems like the people that are most upset about Bacon Bits are the same folks that have been shilling for the company with reckless abandon.

UPDATE: Adam Ostrow confirms (as was suggested above) that the majority of Facebook users don’t even know what Beacon is. I’m not sure whether that is actually good news or bad news for Facebook, but a recent update on Mashable also alerted to the fact that the company has capitulated on the privacy aspects anyway.

UPDATE 2: Hold the presses – Om Malik gets a word in edgewise:

So essentially he’s saying the information transmitted won’t be stored but will perhaps be interpreted. Will this happen in real time? If that is the case, then the advertising “optimization” that results from “transmissions” is going to continue. Right!

Duly (and repeatedly) noted.

UPDATE 3: Does this mean the Quittner quote is memorialized?