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On Apples, Oranges and Mangos: An End of Summer Compote

August 30, 2022 Bonnie Comments 0 Comment

This week is the last hurrah of summer, so something different this time: a look at what’s been happening in Big Tech at large, primarily with a number of the FAANG companies – Facebook, Amazon, Apple, Netflix and Google, for those playing the home version – or more appropriately now MAANG, since Facebook is now Meta – and for our purposes here, MAANGO, as we’re including Oracle and some information that recently came to light. Plus, mangos are very much a summer fruit, after all.

Oracle

Speaking of just when you thought it was safe to go back into the water (not!): Class-Action Lawsuit Accuses Oracle of Tracking 5 Billion People. “Oracle stands accused of collecting detailed dossiers on 5 billion people, with the information gathered including names, home addresses, emails, purchases online and in the real world, physical movements in the real world, income, interests and political views, and a detailed account of online activity,” PC Mag reported.

“This claim is backed up by a video on the ICCL website(Opens in a new window) of Oracle CEO Larry Ellison describing how the company’s real-time machine learning system collects this information and confirms the 5 billion profiles stored in the “Oracle Data Cloud.” The profiles are referred to as a “Consumers Identity Graph.”” Read More...

The Demise of Tech’s Boy Band Founders

August 16, 2022 Bonnie Comments 0 Comment

We also like to call them the Boys of Summer – those unicorn tech super founders, that is.

As the New York Times noted, The Boy Bosses of Silicon Valley Are on Their Way Out, dismounting their unicorns and heading for the hills, with their largesse in tow and never mind the layoffs and loss of shareholder value that they’ve left in their wake.

Has Zuck Run Out of Luck?

August 9, 2022 Bonnie Comments 0 Comment

Mark Zuckerberg/Facebook (now Meta) has always been something of a bellwether for the Web 2.0 Age of Surveillance nee Age of Social and high time to just call it as it is.

Since Zuckerberg did help to define the last iteration, it stands to reason that he would lead us once more into the fray as we barrel towards Web 3, no?

He thinks so. He may not be building his own metaverse as originally planned, but nor is he sitting idly by. Au contraire. Instead, as Futurism noted, “the company wants to get in on the ground floor and determine its rules.” Read More...

What Do Quicky Vegas Weddings and VC Funding Have in Common?

June 21, 2022 Bonnie Comments 0 Comment

Back in 2010, Mark Suster penned a blog post entitled Invest in Lines, Not Dots and like many investors, Suster has sat on both sides of the table. It a must read for entrepreneurs, especially if you plan on raising money from investors, now or any time in the not-too-distant future, or ever. It’s also a great explanation of the importance of establishing relationships with investors before you need the money – and gives you something of an idea of a good investor’s mindset.

Why can’t investors simply understand what a monster company you’re building and just write the bloody check?

As Suster points out, “We want to make sure we’re in love. This sometimes frustrates entrepreneurs who just want to “get back to running the business.” But if you understand it you’ll see that it is perfectly rational and it should also influence how you form relationships with investors. And remember, if we get married you’re stuck with us, too.” Read More...

Is Facebook Imploding?

June 14, 2022 Bonnie Comments 0 Comment

Although you might believe that we meant to say ‘Meta,’ no, we meant Facebook, which is a division of Meta.

According to Techcrunch, Meta says its metaverse biz lost another $3B in Q1 – but the 2030s will be ‘exciting’ and damn the torpedoes. Make no mistake about it and according to Input, Mark Zuckerberg is hell-bent on the metaverse — and getting you to work in VR, pointing out that “The Facebook CEO…sees it as the “successor to the mobile internet”…The big question is if anyone will follow Zuckerberg into the metaverse.”

Certainly not Sheryl Sandberg. According to the Wall Street Journal, “One of the world’s most powerful executives became increasingly burned out and disconnected from the mega-business she was instrumental in building. That dovetailed with a company investigation into her activities. Read More...

Is Mark Zuckerberg About to Say ‘Zuck It’?

February 22, 2022 Bonnie Comments 0 Comment

pic by giampieroruggieri @pixabay & we do recall when Zuck wore sandals with socks

Short and sweet due to President’s Day Weekend and speaking of the men in charge, think about this:

Jeff Bezos stepped back from the daily grind at Amazon (he’s still Executive Chairman and very much involved, trust us);

Google founders Larry Page and Sergey Brin retreated from the spotlight at Alphabet/Google long ago. Read More...

And the Winner for Worst Company of 2021 Is…

December 21, 2021 Bonnie Comments 0 Comment

According to an audience survey conducted by Yahoo Finance, Facebook/Meta takes the prize, hands down, with 50% more votes than its competitor, Alibaba. According to the article, “its stock price is up 22% year-to-date — strong, but lagging the S&P 500— but down around 13% from its September high.”

So how does one achieve such a dubious honor? Well, there’s CEO and founder Mark Zuckerberg himself, whose list of missteps are just too long to enumerate, considering that many of you no doubt still have holiday shopping to get done and this wouldn’t necessarily be the holiday list worth getting into – again – despite the fact that it is that time of the year.

Then there were “The Facebook Files, a series of investigative reports published by the Wall Street Journal and based on leaks provided by whistleblower Frances Haugen. Much of the publicity around the leaks focused on the impact of Instagram (a subsidiary of Meta Platforms) on teenage girls, and the company’s alleged indifference… Haugen also alleged that Facebook’s potential for radicalization has contributed to genocides in Myanmar and Ethiopia, among a myriad of other concerns expressed in the reports,” as ZeroHedge reminded us. Read More...

Whose Metaverse Is It, Anyway?

November 9, 2021 Bonnie Comments 0 Comment

The line is a reference to a comedic variety show hosted by Drew Carey, Whose Line Is It, Anyway?, which was basically an homage to the absurd.

Enter Meta, the Company Formerly Known as Facebook, which some wags have referred to as Mark Zuckerberg’s attempt to escape his many problems in the physical world. Not the least of which is his loss of a younger audience, and every advertiser knows that it’s best to get them when they’re young. Even Instagram can’t seem to hold on to those younger eyeballs. In Meta, kids can strap on their headsets (and CFKAF is betting that they will) and enter their own virtual worlds – with friends too, if they choose. Although it won’t be the Oculus headset, since FB is killing off the brand, which means, btw, as Techcrunch pointed out, that it took Zuck roughly 15 seconds to tell his first lie: “Our mission remains the same — it’s still about bringing people together. Our apps and our brands — they’re not changing either.”

“Mr. Zuckerberg painted a picture of the metaverse as a clean, well-lit virtual world, entered with virtual and augmented reality hardware at first and more advanced body sensors (or neural implants?) later on, in which people can play virtual games, attend virtual concerts, go shopping for virtual goods, collect virtual art, hang out with each other’s virtual avatars and attend virtual work meetings,” wrote The New York Times. Read More...

The Platform Formerly Known as Facebook

October 26, 2021 Bonnie Comments 0 Comment

When recording artist Prince got into a contract dispute with his record label, Warner Brothers, he literally changed his name to an unpronounceable symbol and was thereafter referred to as The Artist Formerly Known As Prince.

Which brings us to The Platform Currently Known As Facebook, which will soon be a name to forget, with a nod to those readers among you for whom that ship sailed long ago, name change or not.

Words, Words, Words – or Is It All Talk?

October 12, 2021 Bonnie Comments 0 Comment

As a writer, we love words. New words enter the patois constantly, and always good to keep up, what, eh? Some we appreciate; some leave us utterly gobsmacked. You needed to turn that noun into a verb? Seriously??? Sometimes they make sense. Ofttimes, we roll our eyes at the absurdity. Those are the ones that we know in our heart of hearts will lead us right down the rabbit hole

We thought we’d share a few that have entered the vocabulary, for better or for worse:

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