Walking Away from $850 Million

Fascinating story of morals, standing up for your beliefs, and watching others ruin what you created…

Under pressure from Mark Zuckerberg and Sheryl Sandberg to monetize WhatsApp, he pushed back as Facebook questioned the encryption he’d helped build and laid the groundwork to show targeted ads and facilitate commercial messaging. Acton also walked away from Facebook a year before his final tranche of stock grants vested. “It was like, okay, well, you want to do these things I don’t want to do,” Acton says. “It’s better if I get out of your way. And I did.” It was perhaps the most expensive moral stand in history. Acton took a screenshot of the stock price on his way out the door—the decision cost him $850 million.

— Read on www.forbes.com/sites/parmyolson/2018/09/26/exclusive-whatsapp-cofounder-brian-acton-gives-the-inside-story-on-deletefacebook-and-why-he-left-850-million-behind/amp/

Instagram is Dead

For starters, this is the end of Instagram as we know it. Systrom and Krieger were deeply involved in day-to-day product decisions, and retained an unusual degree of autonomy over the company. For years, they were careful to the point of being obstinate. Even as they began to expand Instagram’s suite of offerings, they remained deeply cautious. (Features for creating groups of “favorites” and a standalone messaging app have been in testing for 15 months and 10 months, respectively.)

— Read on www.theverge.com/platform/amp/2018/9/25/17903556/instagram-founders-quit-kevin-systrom-mike-krieger-facebook

74% of Facebook users say they have changed their usage in the past year

Wow, these are astonishing numbers…

Around four-in-ten (42%) say they have taken a break from checking the platform for a period of several weeks or more, while around a quarter (26%) say they have deleted the Facebook app from their cellphone. All told, some 74% of Facebook users say they have taken at least one of these three actions in the past year.

Americans are changing their relationship with Facebook – Pew Research Center

Will the internet split in two?

Not to mention the impact that artificial intelligence will have on the web and our daily lives within the next decade (which China is investing in much more heavily than the US Government)…

Speaking at a private event hosted by Village Global VC yesterday night, tech luminary and former Google CEO Eric Schmidt predicted that the internet will bifurcate into Chinese-led and US-led versions within the next decade.

— Read on www.cnbc.com/2018/09/20/eric-schmidt-ex-google-ceo-predicts-internet-split-china.html

Live News on Twitter

Nice work by Twitter to have live video of local press conferences and local news up top of the feed (as we wait out the slow arrival of Hurricane Florence here in Columbia). I’ve always used Twitter for live news and updates in text form, so it’s interesting to see them move more into the mobile video side of things…

Do Facebook Ads Really Work?

Within the advertising industry, the debate about whether advertising works on Facebook is not new. A survey last year showed over 60 percent of small business owners felt advertising on Facebook was ineffective. The lawsuit takes it a step further, saying Facebook is misleading advertisers.

Source: Does Facebook Really Work? People Question Effectiveness Of Ads : NPR

Like anything else, you do need some expertise to make Facebook or Instagram or Snap or Google or Pinterest ads work. We are finishing a period where these advertising companies have held that “ANYONE CAN DO IT! IT’S SO EASY! JUST SIGN UP AND TELL US WHO YOU WANT TO TARGET!” with regards to their ads and effectiveness.

But that’s simply not true. I could probably re-roof our home. But I’m not going to spend the time, effort, and money trying to do that job myself. I’m going to hire someone who knows what they are doing.

Same with social media advertising and marketing. That’s how I pay our mortgage (and for our new roof) every month!

Saving Lives with Apple Watch

“I participated in the Heart Study too. Like Perlow, I forgot about it for long stretches. I’m fortunate that I didn’t receive the sort of alert Perlow did, but in September, Stanford sent me a notification that my participation in the study was ending. It turns out that over the course of 188 days, Stanford collected 1,743 heart measurements from me. Multiply that by the thousands of people in the study, and the potential the Apple Watch has for medical research is remarkable, while at the same time helping individuals like Perlow one at a time.”

How the Stanford Heart Study App Saved Jason Perlow via MacStories

I too participated in the Stanford Heart Study via the Apple Watch (my stats above). Males in my family have a history of Heart Disease and Afib, so I was nervous but eager to see if this seemingly innocuous contribution to science using my watch would catch anything. I’ve also been trying hard to “get in shape” given that I’ve just turned 40. I’ve lost 24 pounds since May and continue to try to live healthier with food and drink choices.

I was sort of relieved the day I got a notification that the study had ended. There had been no updates to contact Stanford during the study. Evidently if the Watch app detected anything that was suspicious of Afib, you were patched through to a Stanford Cardiologist via FaceTime. While that’s an amazing technological experience, I didn’t want to participate in doing so for this situation.

So, it’s amazing to read the testimony above by someone who did have the experience of catching a very deadly condition early simply because they wore an Apple Watch. The device is certainly saving my life by the daily motivation to get healthy and stay that way, and I see a bright future where conditions will be caught early by devices such as these.

“There is tremendous strength in independence and decentralization.”

“There is tremendous strength in independence and decentralization.”

Daring Fireball: Medium Deprecates Custom Domains Service

— Read on daringfireball.net/linked/2018/09/04/medium-domain-name

Shouldn’t be surprised but John makes a great point about the long term value of owning your own domain name and links. We freely give away too much content and work to commercial companies like Medium or Twitter or Facebook in small and innocuous amounts that do build great value to them over time.

Build your contents and thoughts on your own space that you can reference and leverage in the future.

Links Are (Still) Dead

I first wrote that “Links Are Dead” in 2006, and pretty much got shouted out of the blogosphere. I kept up the mantra over the years. Looks like Google agrees with me now…

But over time, URLs have gotten more and more difficult to read and understand. As web functionality has expanded, URLs have increasingly become unintelligible strings of gibberish combining components from third-parties or being masked by link shorteners and redirect schemes. And on mobile devices there isn’t room to display much of a URL at all.

Via “Google Wants to Kill the URL” – Wired