Furious Friday

Is social media at a tipping point?

Today we’re looking at the market environment for Facebook, Google, Twitter, YouTube etc… their costs are going to far outpace what their revenues will be. Are they on their way up, or on their way down?

  • EU copyright laws affecting business models
  • Proposal for online forums to be banned
  • The difference between a ‘platform’ and a ‘publisher’ and how the law treats each of those definitions

Facebook is down 30% – and have advised that revenues would continue to slow down and its costs rise.

  1. Market cap almost half of Australia’s GDP (1.2tr USD)
  2. Loss equals the total GDP of Kuwait – some $120.3 billion in 2017 last year
  3. Indeed, over the last three months alone insiders – including Zuckerberg – have sold off $3.8 billion worth of stock in the company.
  4. Earnings per share (EPS) actually were a little ahead of forecast at $1.74 versus $1.72 that had been projected. And, revenues were only a tad shy at $13.23 billion compared to the $13.36 billion that had been expected.
  5. Trend analysis – middle of a very wide and falling trend in the short term with a further fall within the trend is signalled.
    1. Stock is expected to fall -18.53% during the next 3 months and, with 90% probability hold a price between $120.68 and $156.81

 

Three risks for social platforms – FB, Twitter, YouTube (owned by Google)

EU Copyright changes – Article 11 (link tax) & 13 (meme ban)

  1. Copyright directive – potential memes banned and platforms will need to pay publishers to link to their websites
  2. The European Parliament has voted in favour of a controversial new copyright directive that could force tech giants to do much more to stop the spread of copyrighted material on their platforms.
    1. designed to update existing copyright laws for the internet age
  3. Directive on Copyright places more responsibility on websites such as YouTube, Facebook and Twitter to make sure that copyrighted materially isn’t being shared on their platforms.
    1. Until now, the onus has mostly been on the copyright holders to notify the platforms
  4. The article intends to get news aggregator sites, such as Google News, to pay publishers for using snippets of their articles on their platforms.
    1. Legislation: “may obtain fair and proportionate remuneration for the digital use of their press publications by information society service providers”

 

Nobody knows how these will work – The EU politicians voting on this haven’t even read it. They have their assistants read it and they tell them how to vote.

  1. The Directive does contain an exemption for “legitimate private and non-commercial use of press publications by individual users,”
    1. this is open to interpretation – someone with a huge following on social media, who posts adverts to that audience, a “private and non-commercial” entity
  2. Article 12a might stop anyone who isn’t the official organiser of a sports match from posting any videos or photos
    1. could put a stop to viral sports GIFs and might even stop people who attended matches from posting photos to social media
    2. all of this depends on how the directive is interpreted by member states when they make it into law

 

UK – Online Hate Bill

  1. Want to ban private chats and forums on FB and other social media sites
    1. All that it will do is make hate filled groups go underground and punish those who are part of funny cat meme groups
  2. Irony is that there is no public forum for their policies
    1. They are allowed to meet in private and make decisions that affect our lives

 

Platform vs Publisher

  1. Platforms are not responsible for content uploaded
    1. As Facebook does control and edit content, they run the risk of losing platform status – and can be sued for content
  2. Publishers are liable

If you think that you’re a victim, you are really your own oppressor! Building wealth and demand in an Inclusive System

Furious Fridays If you think that you’re a victim, you are really your own oppressor! Building wealth and demand in an Inclusive System Welcome to Furious Fridays! Make sure you’re caught up with last week’s episode about the system and what it should provide System -...

Making money from shares; ratios, prices and what to look for

Episode 4 Making money from shares; ratios, prices and what to look for. Welcome to Finance & Fury! ...Is it better to actually make money or take money? Today we'll be discussing whether it's better to actually cooperate with companies or compete with them, and the...

Furious Fridays: What should the government be involved in?

Hi Guys and welcome to Finance and Fury the Furious Friday edition. This is part 7, the last episode of the miniseries about all things politics. Sorry it took a while to cover, I wanted to do this topic justice and explain all the steps and outcomes instead of...

How do we reduce poverty?

Welcome to Finance and Fury, the Furious Friday edition. This week is a flow on from last week’s episode talking about the basics of supply-side economics. But, it’s going to be applied to a question we got from Nick. What is a solution for society that would...

What are the 4 Cons for Supply-side Economics?

Welcome to Finance and Fury, the Furious Friday edition. We are continuing the series on supply-side economics. Today we will focus on the down-side of supply-side economics. Remember, supply-side economics believes that governments should remove barriers to...

Say What Wednesday: The relationship between shares and property in Australia

Say What Wednesday The relationship between shares and property in Australia Welcome to Finance and Fury’s ‘Say What Wednesday’. Today’s question is from John. John asks, “What is the relationship (if any) between shares and property in Australia? Should we expect the...

Furious Fridays: Road to Socialism – Part 2

Welcome to Finance and fury, the Furious Friday edition. Today’s episode is Stages to Socialism part 2, so if you haven’t listened to last Friday’s episode it might be worthwhile doing so. To start I want to talk about oranges. They’re a delicious fruit, they grow on...

Furious Fridays: How the Fair Go mobilises Australians

Welcome to Finance and Fury the Furious Friday edition. This is part 4 of the mini-series. Hope you all had a good Christmas. In the last episode, we talked about how the population is mobilised in a political spectrum. Today we talk about what the population is...

New Miniseries overview

Hi everyone, and welcome to Finance and Fury. Today won’t be a full episode, unfortunately, I am a little unwell. I am providing a bit of an overview of what the next few episodes will be about. When making investments, it’s all about considering what will be the best...

History repeats itself – GFC’s, and how the banks and government regulation have impacted financial crashes in the past

Furious Friday History repeats itself - GFC's, and how the banks and government regulation have impacted financial crashes in the past This week we continue with where we left off last week’s episode - is it the Banks, or Government Regulation and interference, that...

Pin It on Pinterest

Share This