A look at Facebook's fake pivot to privacy:
Another potential revenue stream is through data-sharing agreements with other parties. Facebook has, thus far, been stunningly inventive in getting access to users’ personal information, such as an individual user’s heart rates or when a woman is ovulating through with independent specialized app developers. The potential for such arrangements goes up when Facebook launches its proposed push into payments, especially in its WhatsApp platform, as it is attempting in India.
In other words, Zuckerberg’s announcement is far from a pivot. It will be enormously difficult to execute and its timing will be driven by the appearance of a credible business model that can replicate the success of Facebook’s spectacularly successful legacy model.Facebook has, of course, been on the defensive about its many failures that came tumbling out in the past year. The living room is not a solution.
Facebook cannot rely on such bargains with governments, particularly in light of the criticism it has already faced about sharing data with private entities.
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