🌍 Facebook, Instagram, and WhatsApp dominate the social media market
🚀 Facebook's strategic timing and methodical approach contributed to its success
💻 Facebook's slow growth allowed for technological advancements and hiring of intelligent engineers
🔑 Facebook's success is attributed to its unique growth team and focus on monthly active users.
🧠 The growth team used data to create features like 'people you may know' and the addictive 'like' button.
💰 Facebook's advertising strategy revolutionized the industry by allowing targeted ads based on demographics and interests.
🔑 Facebook's key strategy for global domination is acquiring companies and integrating their features into its own platform.
⏱️ In the early days, Facebook focused on building its platform quickly, leading to controversies regarding content moderation and the spread of fake news.
💡 Facebook's success is attributed to its ability to target users with personalized content and advertisements.
💡 Facebook introduced features to combat misinformation, but they were ineffective in the 2016 election.
🔍 Facebook's algorithm prioritizes sensational fake news stories for engagement and ad revenue.
🔒 Privacy violations, such as the Cambridge Analytica scandal, brought scrutiny to Facebook's handling of personal data.
🌍 Facebook's rebranding to Meta reflects its aspiration for global domination.
💼 Under the new parent company Meta, Facebook continues to thrive in emerging markets by providing accessible internet services.
💰 Meta's expansion plans aim to recover from the financial setbacks caused by the COVID-19 pandemic and increase profitability.
🌐 Meta's plan to dominate the world through the metaverse and virtual reality.
💻 Meta's strategy to eliminate competition, including Twitter, and their success with the app Threads.
🤖 Meta's focus on open-source artificial intelligence and its potential impact.
🧠 Meta's open-source AI can be scrutinized and improved upon by the public.
💼 Meta's control over technology raises concerns about monopolistic behavior.
🌍 Meta's acquisitions and predatory pricing could limit innovation and harm competition.