Facebook’s update to news feed a good business move?

Facebook’s update to news feed a good business move?


[LAUGHTER] GET HIM ON THE PHONE SEE WHAT HE’S GOT. INCH PRETTY MUCH. SERIOUS STUFF ON TOOK. THEY’RE MAKING CHANGE TOTS NEWS FEED MORE UPDATES FROM FAMILY AND FRIENDS. FEWER FROM BUSINESSES. GALLOWAY IS WITH US NOW HE’S AUTHOR OF THE FOUR, THE HAD YOU HADDEN DNA OF AMAZON APPLE FACEBOOK, AND GOOGLE. SCOTT WELCOME BACK TO THE PROGRAM GOOD TO SEE YOU.>>TO SEE YOU.>>DO YOU THINK AS HEAD GUY AT FACEBOOK — THAT ZUCKERBERG SHOULD SHOW MORE RESPONSIBILITY TO HIS SHARE HOLD PERCENT, THE OWNERS OF THE COMPANY OR HIS TWO BILLION CUSTOMERS WHERE DOES HIS ALLEGIANCE LIE?>>TYPICALLY WHEN YOU’RE GOOD TO YOUR CUSTOMERS IT IS SAIL AS BEING GOOD TO SHARE HOLD PERCENT TO OFFER A FERAS ARIC EXPERIENCE AND PUT THEM AT THE TOP OF THE>>THE THE POWER AMASSED BY BIG TECHNOLOGY COMPANIES IS JUST TOO MUCH. AND YOU GOT TO REIGN THEM IN IT STRIKES ME THAT STUKER OR BURG HAS ENORMOUS POWER. HE DECIDES — WHAT GOES INTO THE NEWS FEED OR MOST POWERFUL PERSON AND INFLUENCE ELECTIONS COULD INFLUENCE YOUR MOOD AS POSSIBLY FACEBOOK IS PROBABLY THE MOST — TALKED ABOUT DRUG OR PRODUCT IN TERMS OF TEEN DEPRESSION NOW BUT I FIND IN YOUR LAST SEGMENT THIS BAD FOR BUSINESS I THINK MARK ANYTHING BAD FOR BUSINESS. YOU’RE SEEING AN ACCELERATION IN THE AD REVENUE NOT A DECLINE. THIS IS A HEAD PRETENDING TO BE CONCERNED ABOUT SOME OF THE CRITICISM THEY FALLEN UNDER. THE AD LOAD WILL NOT CHANGE. IT IS STILT THE MOST ROBUST COLLECTION OF TARGET IT IS IN THE WORLD. WITH THE MOST ROBUST TARGETING, THE BUSINESS IS NOT GOING TO — BUSINESS WILL CONTINUE TO ACCELERATE.>>ANOTHER EXAMPLE OF THE POWER OF AMAZON. AMAZON SAYS IT’S ONIS LINE GROCERY SALES HAVE SURGED SINCE IT BOUGHT WHOLE FOODS LAST YEAR. AGAIN, THERE’S NO STOPPING THE AMAZON EFFECT AND THERE’S NO STOPPING IT THIS COMPANY EVEN THOUGH YOU WOULD LIKE TO REIGN IT IN, THERE’S NO MECHANISM FOR REIGNING IT IN THE MOMENT OR IS BE — AMSTERDAM WAS TO FACEBOOK BEST IN THE LAST DECADE FOR $14 BILLION THEY’RE ABLE TO SAY FASTEST GROWING OFFLINE RETAILER NOW IN ADDITION TO BEING FASTEST COMPANY, HAD IS PROBABLY A 30 OR 50 BILLION CREATIVE ACQUISITION BASED ON THEIR ABILITY TO ANNOUNCE FOUR CONSECUTIVE QUARTERLY PRESS RELEASES SAY WE’RE FASTEST GROWING OFFLINE RETAILER SO GENIUS AND WHEN I PUSH BACK A LITTLE BIT WE CAN POINT IT IS HEALTHY TO REOXYGEN THE RATE.>>SO OR FAR WHAT AMAZON IS DOING IS HELPING CUSTOMERS AND CONSUMERS. I MEAN THEY’VE LOWERED RATE OF INFLATION FOR HEAVENS. NEED TO SHOW ABUSE TO THAT POWER OR RESTRAIN A COMPETITION I TRADES ON UNDERLINE PERFORMANCE WAS STOCK MACROENVIRONMENT, AND WHAT THEY’RE DOING YOU HAVE WHAT THE POWER THAT IS RESTRAINING COMPETITION SO I THINK THERE’S ACTUALLY A INTERVENTION HERE.>>I DON’T CARE WHICH SIDE OF THE POLITICAL FENCE YOU’RE ON. AND THERE’S FIVE — AND YOU KNOW IT RAISES QUESTIONS BECAUSE CAN YOU REALLY PUT THAT POWER IN THE CORPORATION OR — RIGHT ON BROTHER.>>I’M WITH YOU, AND LET’S LOOK AT THE OBJECT OF EVERYONE’S AFFECTION IN TERMS OF AMBITION ECONOMY GOOGLE 750 MARKET CAP WOULD GOOGLE EXIST TODAY IF THE DOJ HAD MOVED ON MICROSOFT AND SAID STOP KILLING COMPANIES — AND MANY THAT STATE. GOOGLE WOULD NOT BE HERE HAD WE NOT HAVE DOJ INTERVENTION TO SAY STOP KILLING SMALL COMPANIES. SO THE ANTIDOTE TO REGULATION IS U TRUST BUSTING AND IT IS TIME STUART.>>IT IS A VERY INTERESTING CORPORATIONS. FOUR COMPANIES NOW WITH A MARKET CAP TRADER THAN GDB OF FRANCE OR INDIA. QUITE A STATISTIC. IF YOU’RE NOT CAREFUL YOU WILL.

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