A Quote by Ro Khanna
I mean, I don't think the Facebook merger with WhatsApp and Instagram should have been approved. But I'm not for reflexively breaking up tech companies.
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This is certainly not the first case in which a merger approved in one place hasn't gone through in the other. There was a case last year where the merger between two EU companies was approved here and blocked in the U.S.
I mean look at all these acquisitions and mergers - WhatsApp and Oculus and et cetera. There's no way that you can envision these tech companies as the underdog anymore. They're always presented as though they were these little guys who you should be championing - Facebook will overthrow the cable television complex, blah blah - but it's more likely they will merge with them.
'Instagram' can engage generations of people that may not be on Facebook yet. I think that's true with 'WhatsApp,' and I think that will be true with things like Oculus.
While it's true that women are the minority in most tech companies, I don't think that inhibits entry into the tech space. My motto has always been, 'Live What You Love,' and as such, I think it's incredibly important to do work you believe in and to work for a company that has values that align with your own, be it in tech or another industry.
What if the slowdown in merger activity isn't cyclical, but secular? What if corporations have learned the lessons of so many companies before them that the odds of a successful merger are no better than 50-50 and probably less? Is it possible that the biggest deals have already been done?
I think Wall Street is very important, especially to tech companies. Wall Street will get in their rhythm and go fund tech companies, and tech companies will go create jobs and employ a lot of people, so there's that aspect of Wall Street.
In my view, we need to break up Facebook from Instagram and the other potential competitors that Facebook bought up.
They [the Travelers] know everything about the year that they're coming into. But you can know everything and still be tripped up by the little stuff that you didn't notice. And one character's Facebook page is made up of lies. It's an interesting comment on what's been going on the last few months. We cannot rely anymore on Facebook or Twitter or Instagram. People are making up their own truths.
Despite this ever-increasing evidence of WhatsApp being a honeypot for people that still trust Facebook in 2019, it might also be the case that WhatsApp just accidentally implements critical security vulnerabilities across all their apps every few months.
I know that Instagram belongs to Facebook, so I cannot really stand on a political pedestal and say, "I'm against Facebook!" But I haven't wanted to be on Facebook from the beginning.
I started using Twitter about year after its very early adoption and ended up investing in it around that same time. I'm involved with the Tech scene and companies ranging from Facebook, Stumbleupon and Twitter.
Facebook is not a company of grass-roots tech enthusiasts. Facebook is not a game tech company. Facebook has a history of caring about building user numbers, and nothing but building user numbers.
Facebook's position with rival tech companies boils down to this: if you want access to all the information we've collected, strike a deal with us.
Brand marketers don't believe that ad-tech companies view brands as true partners. Ad-tech companies think brand marketers are paying attention to the wrong things. And publishers, with a few important exceptions, feel taken advantage of by everyone.
People think if they voted for somebody, they should reflexively defend everything they do or say. And if you voted against somebody, you should just as reflexively oppose everything they do or say. It's not very helpful. What's more constructive for our kids is to go on a case-by-case basis, evaluating particular policies.
Facebook has long been part of surveillance programs, long before it acquired WhatsApp.
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