[Technology] Facebook getting a new name?

[Stat Brother]

The Facebook.

 

[Audax]

the "why" is to do with aspiration of being more than Facebook, in particular branch in to virtual worlds. Facebook is a product, the company will do more than that product. i doubt Facebook product will be changing name.

Yeah, I suspect this will be more akin to what Google did when they created a new parent company called Alphabet that acts as the umbrella over Google and all of its acquisitions. It'll be all about de-risking the empire that Facebook now is.

 

[Audax]

The parent company not Facebook the product. It'll be called some one-word, bullshit thing like "META" or "UNISON".

We'll all just still call it Facebook like we all still call Alphabet, Google.

We still call Google, the product, Google because ... well, it still is Google. Alphabet is a separate company which owns Google.

I've no idea how Alphabet/Google/etc and Facebook/etc are currently set up, but it's not uncommon to use a multi-company structure to de-risk the business. You can do fun facepalm things like have the assets owned by Company A while Company B owns all the cost sinks. I once worked for a business that was structured as multiple companies (in Australia). The IP was all held at the parent company, but the staffing in that company was a bare-bones skeleton (only what was required by law essentially). Then beneath that was a publishing company, a development company, a distribution company. Each of those companies held all the major cost sinks related to their speciality: contracts with third parties, staff salaries, etc. When the product the development company was working on failed, they put it into administration and folded it. A few key staff had their contracts moved to the parent company. The rest were sent packing on short notice. Not long later a new development company was in place, those staff who were retained transferred into it, a few new staff hired (but fewer of them, so lower cost) and the product was revived for a while - because the IP rights were with the parent company, they weren't affected by the administration action. That product ultimately still failed again, but what they managed to do through the company structure was completely insulate the distribution and production companies from the failure of the product, as well as insulate their other long-term successful product from the failure of the riskier new product.

This all happened pre-2010, but the business is still operational today and ticking along nicely thanks to the way they'd structured everything.

 

[Bry Nylon]

I once worked for a business that was structured as multiple companies (in Australia). The IP was all held at the parent company, but the staffing in that company was a bare-bones skeleton.

That's not right. Didn't they have a staff canteen?

 

[Billy the Fish]

I wonder if he'll finally realise that Timberlake was wrong and put the the back in

 

[studio150]

Doublethink

 

[Wozza]

Facebook is a product, the company will do more than that product. i doubt Facebook product will be changing name.

Indeed. Just like Alphabet is the parent company of Google.

The parent company not Facebook the product. It'll be called some one-word, bullshit thing like "META" or "UNISON". We'll all just still call it Facebook like we all still call Alphabet, Google.

Yeah, I suspect this will be more akin to what Google did when they created a new parent company called Alphabet that acts as the umbrella over Google and all of its acquisitions.

I reckon it will be a bland name for the parent company. You know like Google and Alphabet...

Honestly, this thread is like this Stewart Lee sketch (wait for the pay off.!)

https://www.youtube.com/watch?v=1JFXHs_Efe8&ab_channel=Taylor

 

[Paulie Gualtieri]

********? Has a ring to it

 

[Pavilionaire]

The Artist Formerly Known As Facebook

 

[The Wookiee]

Lookatmydinner.com

 

[Tom Hark Preston Park]

Booky McBookface

 

[Rambo]

Sky net

 

[Sheebo]

Nosey, inferiority complex, anxiety breeding, my dads bigger than your dad, my life’s better than your life, look at me, I’m so great Ltd?

 

[seagull 1979]

Look how good I can pretend my life is to everyone else book?

I genuinely feel sorry for people who crave the social media attention, it's such a toxic environment and not at all good for anyones mental health

 

[Giraffe]

The best of me.

 

[Algernon]

"Not for grumpy old men book"

 

[maffew]

The internet and the world would be such a better space without the social media giants. So toxic.
Cant stand them and feel for the youth of today not knowing any different

 

[Sheebo]

"Not for grumpy old men book"

Ooooooh Facebook fan

Loads of mates are on it but it’s how certain people use it (to be nosey and to gloat or crave attention) that I can’t stomach. Never been on it ever and never will. Toxic environment for me.

 

[Brighton & Love]

The internet and the world would be such a better space without the social media giants. So toxic.
Cant stand them and feel for the youth of today not knowing any different

Very much agreed.

Simon Sinek makes a good point in this video about the dangers social media/smart phones are having on the youth. Definitely a major concern that needs addressing.

 

[Knocky's Nose]

fortheoldergenerationbook.com

Facebook is fast becoming irrelevant to you younger generations. It's all about Insta. Then, it'll all be about the new thing... and there will be many.

Young people are fickle. As you get older you like what you know, you don't embrace change as much. Instead of trying to tickle the nethers of the younger generation they should focus on keeping their core consumers on board.