America Faces No Greater Threat Than Joe Biden and the Democrat Party. Their Assault to Our Borders Is As Great As Their Assault to Free Speech and Free Elections
Friday, February 4, 2022
WHATEVER HAPPENED TO JOE BIDEN'S MINISTER OF PROPAGANDA AND OPEN BORDERS MARK ZUCKERBERG? - Like California, Facebook is losing people. Wonder why
Nonetheless, open border advocates, such as Facebook Chairman Mark Zuckerberg, claim illegal aliens are a net benefit to California with little evidence to support such an assertion. As the Center for Immigration Studies has documented, the vast majority of illegals are poor, uneducated, and with few skills. How does accepting millions of illegal aliens and then granting them access to dozens of welfare programs benefit California’s economy? If illegal aliens were contributing to the economy in any meaningful way, California, with its 2.6 million illegal aliens, would be booming.
Like California, Facebook is losing people. Wonder why
Facebook earnings came in below expectations for the fourth quarter, and the company said numerous challenges are ahead in the first quarter.
Inflation, supply chain disruptions at advertisers and users shifting to products that "monetize at lower rates" are among the key issues the company faces.
Revenue in the first quarter will be between $27 billion and $29 billion, while analysts were looking for that number to top $30 billion.
Facebook shares tumbled more than 20% in extended trading on Wednesday after the company reported disappointing earnings, gave weak guidance and said user growth has stagnated.
For the schadenfreude-minded, it's expected to take the largest one-day loss in all U.S. corporate history, with some $200 billion likely to be wiped off the company's valuation in the course of trading today.
Heckuva job, Markie.
And yes, the key data point is that they are losing people:
Daily Active Users (DAUs): 1.93 billion vs 1.95 billion expected by analysts, according to StreetAccount
Monthly Active Users (MAUs): 2.91 billion vs 2.95 billion expected by analysts, according to StreetAccount
That's more than a million users, which marks the first time the company's user base has ever contracted. Like California, more people are leaving than coming. No new people, no new earnings growth.
Facebook's pals in Big Tech are going down, too. Seems no one is all-powerful anymore.
The company, and its founder, Mark Zuckerberg, blamed everyone but themselves for the company's bad news. Zuckerberg said it was the allure of TikTok, the Chinese spyware company that serves as a forum for lunatic left-wingery, and its apparently addictive quality to teenagers. Other Facebook execs blamed those bastards at Apple, who instituted a revised iOS privacy policy that prevents Facebook from harvesting users' data without their express consent. Some analysts blamed the astroturf "whistleblower" featured on 60 Minutes and in testimony to Congress that Facebook knew that its Instagram app was bad for teenagers' self-esteem, which was old news when it came out. All of this could be at least partially true.
Other reasons might carry some water, too — that the company has grown as big as it can grow globally; that the users want something new, meaning Facebook is becoming the new MySpace; and that Facebook has built two huge new headquarters of "perfection," which, according to Parkinson's Law of Buildings, is a sign of an entity in decline.
The elephant in the room of these analyses, though, is the same one that's driving people out of California: that customers are disgusted with Facebook's politicized behavior.
Get woke, go broke. It applies even to the big boys.
In Facebook's case, that behavior has taken on approximately three pernicious forms.
One, the data-harvesting, and data-mining on users, in order to "nudge" and influence them. Plenty of people don't like that even for commercial purposes, but the fact that Facebook moved in a political direction is especially obnoxious. Facebook has hired lots of Democrat party operatives, presumably to lobby Washington, but just as likely to manipulate Facebook's users into voting "Democrat" through the miracle of algorithms. Facebook, see, knows you better than you know yourself, based on all its data-harvesting. That doesn't sit well with many users, and as word gets out about it, some users are packing up.
Two, the censors. Facebook has gone hog-wild censoring conservatives as well as anyone skeptical of government wisdom on COVID lockdowns, vaccine mandates, and therapeutics. They've shut down critics, and skeptics, often by using actual Chinese communist censors, as well as colluded with their supposed rivals in some amazing trust activity — for instance, to shut down the social media accounts of a president of the United States. Facebook did that right after the crazies at Twitter did it. They've since shut down Rep. Marjorie Taylor Greene, again, working in tandem with supposed rival Twiter. How this isn't the mother of all trust-busting cases for Congress is a mystery, except that it isn't. Social media behemoths donate generously to leftists and lapdog Republicans in Congress to ensure that things go their way. So the censorship continues, and everyone who gets censored gets labeled a crackpot. That even includes some respected doctors, such as Dr. Robert Malone, inventor of the mRNA vaccine. What's more, there are the meddlesome cautionary notices and warnings, all targeted at conservatives and their ideas, done with amazing caprice. Does that make users want to sign on? The short answer is no.
Three, Facebook has poured hundreds of millions of dollars into something well beyond social media — into election mechanisms themselves under the cover of "fair elections" and "civil society." In reality, it was a questionably legal seeding of Facebook cash and operatives into vote-counting offices in a bid to manipulate voting to get Democrats elected. Some, such as Federalist editor Mollie Hemingway, who wrote a book about this, believe that this activity is what swung the election to Joe Biden in 2020. Many states have since cracked down on these "Zuckerbucks" in our vote-counting offices, but the damage has been done. Yes, there are users who wanted out from the whole Facebook racket after that one.
As for Zuckerberg, we hope he's happy with the election he bought for himself. The economy is in the tank, the customers are ravaged by inflation, the ad revenue is down, and now Facebook's stock is feeling it in the big downwind. Proud of yourself, Mark? Maybe you shouldn't have bought that election, because not only do your customers have less cash to spend for your advertisers, but they hate you for doing it.
Sometimes, heads get too big at the lofty heights of tech. Hubris is a sorry thing. We all know what happened to Icarus, Mark. He had a hairdo like yours.
Get Zucked: Facebook Loses Daily Users for First Time Ever, Stock Plummets 23%
Facebook reported its first-ever quarterly decline of daily users globally this week, sending its stock price plummeting by 23 percent in intraday trading on Thursday. The massive drop has wiped out approximately $200 billion in market value for Zuckerberg and his shareholders.
The Verge reports that this week, Facebook reported its first-ever quarterly decline of daily users globally. The company has seen a steady increase in users over the years with very little reason to worry about growth, which made the sudden downturn a shock to many.
Mark Zuckerberg deep in thought (Drew Angerer /Getty)
Facebook stock dropped by 23 percent in intraday trading on Thursday, wiping at least $200 billion in market value from Mark Zuckerberg and the Masters of the Universe. Facebook (now Meta) reported flat user growth across almost all of its platforms including Facebook, Instagram, and WhatsApp last quarter, but even more worrying for the company was the loss of around 1 million daily users in North America.
UK MPs pressure Zuckerberg to testify on Facebook data breach
The majority of Facebook’s advertising profit comes from North American users, so a loss of 1 million users shows signs of what could be a worrying trend for the company. This loss of users led to an overall decrease in daily Facebook users globally which a company spokesperson said was the first sequential decline in the history of Facebook.
For perspective, Facebook saw its daily users drop from 1.93 billion to 1.929 billion between quarters. The company is still extremely profitable, making almost $40 billion in profit in 2021 alone, but its also currently losing billions on projects like Reality Labs, the division responsible for the Quest virtual reality headset.
Facebook has bet big on the metaverse, rebranding itself as Meta and planning to usher in a new form of internet, experienced primarily via virtual reality. As such, the company is investing in the development of new VR headsets, VR software, and AR glasses. The Reality Labs decision lose around $10.2 billion last year with reported revenue of $2.3 billion.
On an earnings call on Wednesday, Facebook CEO Mark Zuckerberg said that the company’s next VR headset will be released in late 2022 and will be at the “high end of the price spectrum.”
Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter @LucasNolanor contact via secure email at the address lucasnolan@protonmail.com
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