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stubby43
stubby43 aka Phil is a 25.42 year old boy, has been a member since December 22, 2006, has scored 3,809 submissions, giving an average score of 2.65, helping 191 designs get printed.
Edit:

Very important change you need to make to your privacy setting:

go on privacy click on news feed and wall, click on actions on external websites and select Don't allow any websites to post stories to my profile.




Pretty soon you'll be recieving advertisements from your friends, say warner brothers wants to advertise the dark knight, they'll pay facebook a decent amount of money for an advertisement. Facebook then takes over a friends account and sends you a message on your wall that says "I totally loved the dark knight you should go see it"

I dont know about you but this strikes me as an extremely dodgy buisness practice that facebook will be employing very soon.

Facebook are losers

This is based on the idea that we dont listen to advertisments and prefer to listen to our friends so their just going to skip pursauding and pretend to be our mates.

RobertSilver
RobertSilver on Aug 25 '08 at 6:08pm
that's totally shit
stubby43
stubby43 on Aug 25 '08 at 6:10pm
Its basically spam mail, at least myspace has the decency not to stoop that low.
smitten kitten
smitten kitten on Aug 25 '08 at 6:10pm
boo
hands_on_fire
hands_on_fire on Aug 25 '08 at 6:10pm
Wow, Thats really gross. I do my best to block all the adds/apps I can on facebook, too.
ladykat
ladykat on Aug 25 '08 at 6:11pm
Um, I think it's not quite as devious as all that.



Rather, if you have a friend who posted a status message that said, "I totally loved Dark Knight," then you'll be more likely to see that message in your news feed if the advertiser is paying for those sorts of messages to be promoted.
ladykat
ladykat on Aug 25 '08 at 6:12pm
"Normally, information that you put on Facebook is sent to the people in your network who would find it the most valuable. But the algorithm that Facebook has implemented to determine your closest friends can easily be translated into a marketing tool, with Facebook charging advertisers to get your positive messages about their products sent to as many people as they would like."
stubby43
stubby43 on Aug 25 '08 at 6:12pm
Then of course theres the fact that if you upload anything to facebook (photos, videos and so on) you automatically release ownership of those images and videos giving facebook the sole right to distribute it and sell it to 3rd party companies.
olie!
   olie! on Aug 25 '08 at 6:12pm
I've always hated facebook with the white hot passion of a thousand suns, and this just makes me SOOOOOOO glad I never signed up for an account
stubby43
stubby43 on Aug 25 '08 at 6:13pm
well no but its still under handed.
mezo
   mezo on Aug 25 '08 at 6:14pm
Facebook and myspace are both pieces of e-shit.
ladykat
ladykat on Aug 25 '08 at 6:14pm
Yeah, I agree, it's still lame. I just wanted to clarify what they're doing - because at first I read your post and thought, "No way! That's insane!"
stubby43
stubby43 on Aug 25 '08 at 6:15pm
Facebooks problem is that they've had vast amounts of investment and have been valued extremely highly but they've actually pretty much failed to make a profit. With websites like myspace there was always an advertsing element to it but with facebook it was almost a way to get away from advertising but because moneys come into to picture they have to find a way of earning money fast so they are stooping low.
smitten kitten
smitten kitten on Aug 25 '08 at 6:15pm
I miss scrabble. That's the reason I signed up for an account there.
professorE
professorE on Aug 25 '08 at 6:16pm
I remember a few weeks ago lots of facebook people got spam from "Charles Festa"...
stubby43
stubby43 on Aug 25 '08 at 6:17pm
That darn festa.
ladykat
ladykat on Aug 25 '08 at 6:17pm
One thing that pissed me off recently:



A few months ago I heard they were keeping track of what you were doing on other sites and posting it to your newsfeed; e.g., you rented a movie at Blockbuster and that was posted on Facebook. There was an uproar, and they made it easier for people to opt out of all that - which I immediately did.



Well, apparently some of the settings got changed around again, because I bought something at Overstock and then got a message on Facebook saying asking me permission to post it on my newsfeed. NOOOOOO!!!! I had already said I didn't want that crap!!
professorE
professorE on Aug 25 '08 at 6:19pm
Is that on the new version? I reverted back to the old one almost immediately.
smitten kitten
smitten kitten on Aug 25 '08 at 6:19pm
What? really? How do they know what you're buying online?
ladykat
ladykat on Aug 25 '08 at 6:19pm
Kitten - try Wordscraper. It's by the same guys who did Scrabulous, but they changed a lot of things to try to evade prosecution for copyright infringement. For instance, it randomizes the board and the points or something like that - but you can set up your own board and make it exactly like Scrabble, then use that as your default.
smitten kitten
smitten kitten on Aug 25 '08 at 6:20pm
Oooo! Thanks Ladykat!
ladykat
ladykat on Aug 25 '08 at 6:22pm
smitten kitten on Aug 25 '08 at 6:19pm

What? really? How do they know what you're buying online?




If you're logged on to Facebook and go to another site in the same browser window (I was using different tabs at the time), and the site has some agreement with Facebook, that's how they get the info.



I don't keep myself automatically logged onto Facebook for that reason, but if you're using Facebook while doing other things, you're screwed.
stubby43
stubby43 on Aug 25 '08 at 6:24pm
I remember hearing about that, I'm pretty sure they got alot of complaints had to admit they were wrong and shut it down, but the fact they can see what were buying is scary as hell.
smitten kitten
smitten kitten on Aug 25 '08 at 6:24pm
Oh good to know. I never stay logged in and now I'll make a point of keeping it that way. I don't even have my name on there I'm Smitten Kitten. I have internet paranoia, lol.
ladykat
ladykat on Aug 25 '08 at 6:27pm
stubby43 on Aug 25 '08 at 6:24pm

I remember hearing about that, I'm pretty sure they got alot of complaints had to admit they were wrong and shut it down, but the fact they can see what were buying is scary as hell.




I thought it was shut down or something, but not entirely. I think they just changed the automatic default. Because this happened on July 11.
ladykat
ladykat on Aug 25 '08 at 6:28pm
Internet paranoia is probably a good thing. I don't have enough of it.
Framble
Framble on Aug 25 '08 at 6:28pm
Facebook wants to steal your identity. Be wary.
smitten kitten
smitten kitten on Aug 25 '08 at 6:29pm
Yeah, I'm now blocking anyone questionable from flickr too. There are so many weirdos out there.
stubby43
stubby43 on Aug 25 '08 at 6:37pm
In the long term I wouldnt be too worried about facebook because their going to collapse, theres alot of evidence to suggest that were in another internet bubble at the moment because theres big money trading on companies with hyper enflated values which have had very little in the way of proven earnings in fact alot are only running because of cash injections.



Theres been very little to suggest that social networking is a viable buisness option because audiences bounce to the next cool thing very quickly (well thats one of the reasons) if a closed internet appears then that will change very quickly (closed internet meaning the company pays for the top download speeds whilst everyone including start ups are in the slow lane).
professorE
professorE on Aug 25 '08 at 6:45pm
Regardless, I just went and changed a bunch of my privacy settings. Yeesh.
Madshadow
Madshadow on Aug 25 '08 at 6:47pm
I don't like the idea of facebook having the sole right to any image you upload. Would deleting the image void that right?



Creeeeepy.
tesco
   tesco on Aug 25 '08 at 6:51pm
People look at me as some kind of freak when I tell them I don't use Facebook. It really has become synonymous with modern life to have some kind of online presence, and Facebook is definitely the standard - at least amongst the people I know. Even the most computer illiterate technophobes seem to be able to 'poke' and whatever the fuck else goes on. I really cant see it going away any time soon.
stubby43
stubby43 on Aug 25 '08 at 6:52pm
If you take an image down they no longer own it.



Very important change you need to make to your privacy setting:



go on privacy click on news feed and wall, click on actions on external websites and select Don't allow any websites to post stories to my profile.
stubby43
stubby43 on Aug 25 '08 at 6:57pm
Oh I dont doubt that theres a demand for social networking theres a huge demand and its going to be around in this form as long as the moneys good but what I'm wondering is how long people are going to be willing to support something which has yet to be profitable.



Facebook has so far done pretty badly at earning money, myspace has done alot better because it was able to diversify its brand and establish its self as an important part of the record industry (and now a label), facebook doesnt really have those options open to them so unless something radically changes I cant see facebook lasting.
tesco
   tesco on Aug 25 '08 at 7:05pm
this got me wondering about how sites like facebook actually make money, because it just doesnt seem like the revenue from advertising would ever cover the costs of bandwidth/staff etc. Take youtube for example:



As of Q1 2008, YouTube is not profitable, with its revenues being noted as "immaterial" by Google in a regulatory filing.[4] Its bandwidth costs are estimated at approximately $1 million a day.[4] It is estimated that in 2007, YouTube consumed as much bandwidth as the entire Internet in 2000, and that around 13 hours of video are uploaded every minute.

From the wiki page



If it's not profitable, why bother with it? Someone please break it down for me...
stubby43
stubby43 on Aug 25 '08 at 7:15pm
Its kind of complicated but companies like youtube and facebook work out their value based on their share of the audience and what info they have on their users, think tescos with club card points the more you know about your customers the more you can tailor the products to their needs (in tescos case the data will show if branding something at their high end range actually increases purchases).



The difference between tescos and facebook is that tescos is actually using the data whilst facebook is in a roundabout way selling data.



Both youtube and facebook are propped up because its hoped they'll be profitable advertising platforms, the problem is whilst youtube probably will eventually be profitable facebook looks unlikely to achieve it.
littlem
littlem on Aug 25 '08 at 7:20pm
i have too many accounts that i neglect
tesco
   tesco on Aug 25 '08 at 7:23pm
I was just looking to see if Facebook sold it's data, and whilst it could if it wanted to (it's in the small print), the official word is they have 'never sold information to third parties' - which I find hard to believe but there you go.



From my half arsed 10minute internet search, all sources seem to say that Facebook makes shitloads from advertising, whilst the Wiki says pretty much what you are saying. How can something be valued at $3 billion, yet not have a viable long term business model? Bonkers
shirtflirt
shirtflirt on Aug 25 '08 at 7:29pm
whats really amazing is that youtube makes money off of other people's work. that's the brilliant/pimp like nature we all must strive to attain.
tesco
   tesco on Aug 25 '08 at 7:31pm
it doesn't even manage that though
stubby43
stubby43 on Aug 25 '08 at 7:33pm
I should of been a bit clearer with my statment about selling data, what facebook does is design bespoke advertisements for the user and the company in the hope that it will be far more effective than normal adverts, for example my facebook knows I live in the north of england and is constantly trying to sell me tee shirts with northern slogans (I've no idea what I ignored it).



As for the advertising I need to do a bit more research then because thats pretty conflicting (though my stuff I've picked up from wired and wiki).



With alot of these start ups the enitr buisness model is based on the idea that they'll get a high valuation then off load it to someone else, thats what digg.com has been trying to do for years (their deals collapse usually because they want more money than their worth at that moment in time) Facebooks pretty unusual because its not been looking for a get out, in fact its been resisting it.



I have heard that facebook wants to be the internet equivilant of the TV network, instead of searching the net you'll get all your info and media off of facebook feeds but this is very unlikely to take off.



As I said before facebook will be successful if the internet stops being neutral.
Puma7
Puma7 on Aug 25 '08 at 7:38pm
well you can tell the difference between the ads and real stories, they look different
bean12
bean12 on Aug 25 '08 at 7:39pm
BUT I FCKING LOVED THE DARK KNIGHT!!1!!!11!one!!!eleven!!!1!
stubby43
stubby43 on Aug 25 '08 at 7:40pm
Yeah but puma you can tell the difference now, what that is basically saying is that its going to look like your friend posting not an advert.
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