1134: Zuckerberg/Facebook/Groups fail. @WillRinehart
Image: Facebook's Oculus VR (https://en.wikipedia.org/wiki/Oculus_VR) headset[106] (https://en.wikipedia.org/wiki/Facebook#cite_note-Kotaku_FB-106) Will Rinehart, @WillRinehart, Utah State University Center for Growth and Opportunity, in re: Zuckerberg/Facebook/Groups fail. The events in Washington; starting in 2016, FB was blamed for false information on Donald Trump. Axios: it's hesitating in growth; not growing commensurately with its earnings forecast. Why? A serious trust problem: people don't trust FB or twitter. FB pitches, Zuckerberg in front of a big screen; Groups: allow people to connect on a wide variety of issues, sort of private chat rooms. More limitations to come on them. Reddit: Star Wars Armada. Discussion boards. Some supported Donald Trump; FB doesn’t want that, political conversations, any more. WSJ wrote of some Albanians pretending marketing, actually practicing larceny. FB is now working with law enforcement. How profound a threat is this to FB’s business plan? Not known. Center for Growth and Opportunity (https://www.thecgo.org/) https://www.axios.com/facebook-booming-business-sinking-reputation-b7035f9d-0b8d-40e0-a98e-7fe0ff677362.html