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Changing the FB business model?

BY: @jdvictorious | CREATED: April 12, 2018, 8:52 a.m. | VOTES: 3 | PAYOUT: $0.00 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmRZxtAvngpagEp8mYV8dYJAEatNDkkeSE2zbFCMPqe491/1A892536-924A-46A9-BE71-4E63E561062D.jpeg]
From ideation to implementation of any entrepreneural venture, business model will be the most important strategy to think about over and over. Most of the time, it will not be clear at the start but as you go through iteration it will be clearer and bolder from the founders’ and stakeholders’ perspective.

The question now is, can Facebook still change their business model?

From the article written by Romain Dillet in TechCrunch, Congresswoman Anna Eshoo asked “Are you willing to change your business model in the interest of protecting individual privacy?”

“Congresswoman, I’m not sure what that means,” Zuckerberg said.
https://tcrn.ch/2Hsz2wi

The present business model of Facebook entails sharing or selling directly or indirectly their users’ data which include hobbies, purchasing behaviors, age, gender etc. to anyone who want it for whatever purpose.

If FB will change their business model, what do you think are the critical factors they have to consider? Except copying Steemit’s model😁

TAGS: [ #social ] [ #networking ]

Replies

@prashant | April 12, 2018, 8:53 a.m. | Votes: 1 | [ VOTE ]

...my account was hacked last night and the bot created a phishing site link here in the comments from my account ... the link is now removed... Today I got my account back.. sorry about that :( :( :( thanks. please help me to regain my reputation and funds that is stolen by hackers please give your support 🙏🏻🙏🏻
https://steemit.com/steemit/@prashant/i-just-recovered-my-stolen-account

@jdvictorious | April 12, 2018, 11:06 a.m. | Votes: 0 | [ VOTE ]

Let me know your take on this! [IMAGE: https://steemitimages.com/DQmbhfpsMieT37HSwoJwtk5BPKyQhbBs8XpDzV48Gr3KLp2/img_4811.jpg]

@steemitboard | April 12, 2018, 9:57 a.m. | Votes: 1 | [ VOTE ]

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@arcange | April 12, 2018, 2:42 p.m. | Votes: 1 | [ VOTE ]

WARNING - The message you received from @prashant is a CONFIRMED SCAM!
DO NOT FOLLOW any instruction and DO NOT CLICK on any link in the comment!
For more information, read this post:
https://steemit.com/steemit/@arcange/phishing-site-reported-postupper-dot-ml
Please consider to upvote this warning or to vote for my witness if you find my work to protect you and the platform valuable. Your support is really appreciated!

@jdvictorious | April 12, 2018, 3:10 p.m. | Votes: 0 | [ VOTE ]

Yes @arcange, I did not log in to the site he mentioned. How do we inform the other users about this scam? @steemitboard

@jdvictorious | April 13, 2018, 4:40 a.m. | Votes: 0 | [ VOTE ]

https://steemit.com/technology/@davidpakman/518h3gi1

This is something we need to understand.

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