Monday, October 4, 2021

MONDAY MUSINGS

 In 2004 I was working for a peanut-whistle small radio station as a news director, a title that didn't really mean anything because I didn't really have any change in my duties nor did I get a raise in pay from when I was *just* a reporter.

It was a long way from my *glory days* but I just needed a modest paycheck for a couple of years to get me to good old Social Security.

And after many decades out of "the business" and seven years of scraping by in a barely surviving bookstore with my wife, I was enjoying myself.

But I had no dreams about the future.

Meanwhile, far across the country at Harvard University, a young lad had started a silly little website called Facemash the year before but it was shut down only a few days later by the school administrators who charged the student with breaking security and violating copyrights and the privacy of his fellow students.

They threatened to kick him out of the hallowed halls but in the end they dropped all the charges and let him stay.

Then in 2004, while I was still muddling my way toward retirement, that student, Mark Zuckerberg, created a variant website which he called "TheFacebook".




Seems like a long time ago, doesn't it.

Zuckerberg's creation, which a year later dropped "The" from it's name, nearly instantly created controversy with several other students claiming he had stolen their ideas and sueing him.

(They finally won their suit in 2008, gaining about 300 million smackeroos in then Facebook stock.)

Over the years, a number of shall we say unsavory characters have aligned with the Facebook empire and later gone their own ways but it hasn't seemed to have hurt Zuckerberg.

As of last year his site claims to have nearly three billion users around the world, he makes between 6 and 12 million dollars every DAY and he's worth around 123 billion bucks.

Well, until today.

With Facebook's problems today the stock took a header and Mark Z. lost nearly six billion dollars.

Probably that young giddy Harvard student isn't quite as cheerful tonight as he and his minions try to figure out what happened.




Me?

I'm a few light years away from his even-reduced net worth but I'll bet I sleep better tonight.

14 comments:

  1. I don't like MZ. Don't really have a reason, mostly just his seeming arrogance. But then if I was worth 100 Billion dollars I would probably be a bit arrogant too.

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  2. An IT guy with knowledge of FB said they took down their advertising portal about 6 hours before the site went down...he thinks they were scrubbing it. If you contract with FB to advertise, you can upload your commercial into the portal with little or no oversight. He felt it was the logical place for FB to begin to possibly clean up their act.

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  3. I suspect you enjoy life more fully than MZ who started out as a thief.

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  4. You sleep better because you are an actual human, not some cyborg-looking creature who probably plugs himself in to re-charge.

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  5. Partly in response to joeh, you sound as if arrogance is a result of 'big bucks' [as I think Americans might say?]. Concerning the gentleman in question, I rather feel that arrogance was a precondition. There is one other thing that bothers me about MZ, and that is the sense that there is something missing in him. That loss, or never had, seems to radiate from his face.

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  6. Putting everything on one platform and one main server..a fairly obvious blunder! Even workers were locked out of their offices..lucky they weren't locked in!!..and couldn't access workspace, their working platform. At least they could go to California and manually sort the problem.
    There have been suggestions that WhatsApp, Insta and messenger should be split off and be independent....I wouldn't be surprised to see that happen now, even if MZ finds î difficult to relinquish control.

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  7. I have mixed feelings about Facebook. It has given me an opportunity to reconnect with old friends and find new like-minded good people. I go there and post a picture every now and then. I mostly check in there to see how former blogging buds are doing. We're living in crazy times. Facebook is a symptom of our disconnected lives attempting to find connectivity.

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  8. Never had time for FB. Not my type of media.

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  9. When you have 123 billion, losing 6 billion is small change.

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  10. I've never tried FB. Not interested in it at all.

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  11. I like FB and its ability to keep me in touch with far flung former students and colleagues. I dislike the anger and misinformation on the site since I use it for entertainment and to show off my beautiful cat. I prefer blogging which is more real whereas FB is Margaret Lite. Don't like MZ, but I also abhor Elon Musk and Jeff Bezos. I have complex feelings about Bill Gates. Ultra rich people are a mystery to me.

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  12. What I think of Mark Zuckerberg would probably involve a lot of curse words.

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