Facebook Interview
Interview with Facebook CEO Mark Zuckerberg and Russian Investor.
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Facebook CEO Mark Zuckerberg says IPO a few years out
Facebook CEO Mark Zuckerberg hopes to eventually take his company public but said it won’t be for a few years, and stressed that the world’s largest online social network is in no immediate need of capital. The 25-year-old co-founder of Facebook said he is always open to partnerships and investments, but stressed that Facebook can achieve its business goals with its current financial base — despite numerous media reports that it has had talks on a new round of funding with various investors. – From Reuters
Mark Zuckerberg does Oprah
Mr. Zuckerberg will go on Oprah’s show as part of her weekly “Oprah Fridays Live” program, to demonstrate recent changes to the Facebook service. The 24-year-old whiz kid has fidgeted uncomfortably in a series of prominent media hot seats, from NBC’s “Today” show to CBS’s “60 Minutes.” But this could be his biggest stage yet. – from NYtimes
Mark Zuckerberg Responds on new Facebook TOS
From the Z’s Blog:
A couple of weeks ago, we updated our terms of use to clarify a few points for our users. A number of people have raised questions about our changes, so I’d like to address those here. I’ll also take the opportunity to explain how we think about people’s information.
Our philosophy is that people own their information and control who they share it with. When a person shares information on Facebook, they first need to grant Facebook a license to use that information so that we can show it to the other people they’ve asked us to share it with. Without this license, we couldn’t help people share that information.
One of the questions about our new terms of use is whether Facebook can use this information forever. When a person shares something like a message with a friend, two copies of that information are created—one in the person’s sent messages box and the other in their friend’s inbox. Even if the person deactivates their account, their friend still has a copy of that message. We think this is the right way for Facebook to work, and it is consistent with how other services like email work. One of the reasons we updated our terms was to make this more clear.
In reality, we wouldn’t share your information in a way you wouldn’t want. The trust you place in us as a safe place to share information is the most important part of what makes Facebook work. Our goal is to build great products and to communicate clearly to help people share more information in this trusted environment.
We still have work to do to communicate more clearly about these issues, and our terms are one example of this. Our philosophy that people own their information and control who they share it with has remained constant. A lot of the language in our terms is overly formal and protective of the rights we need to provide this service to you. Over time we will continue to clarify our positions and make the terms simpler.
Still, the interesting thing about this change in our terms is that it highlights the importance of these issues and their complexity. People want full ownership and control of their information so they can turn off access to it at any time. At the same time, people also want to be able to bring the information others have shared with them—like email addresses, phone numbers, photos and so on—to other services and grant those services access to those people’s information. These two positions are at odds with each other. There is no system today that enables me to share my email address with you and then simultaneously lets me control who you share it with and also lets you control what services you share it with.
We’re at an interesting point in the development of the open online world where these issues are being worked out. It’s difficult terrain to navigate and we’re going to make some missteps, but as the leading service for sharing information we take these issues and our responsibility to help resolve them very seriously. This is a big focus for us this year, and I’ll post some more thoughts on openness and these other issues soon.
Here’s what the Interweb is reporting:
Zuckerberg is saying, “Trust us.” But it is difficult to trust a company that is stripping users of rights they’ve become accustomed to, even if hardly any of them ever actually asserted those rights in practice. And the principle that you should be able to delete your data from the Facebook service is one that many would argue trumps the good that is done by letting Facebook keep it. If I upload a picture which I later regret uploading, why shouldn’t I be able to erase it from Facebook forever, even if some of my friends have already seen it? And should there be different rules for different media? Most people consider the messages in their inbox to be theirs, even if the sender wishes they’d never sent it? And as this data is shared beyond Facebook across the Web, who controls what becomes even harder to determine. – from Techcruch
In the meantime, a Facebook rep has written to the Industry Standard to emphasize that all rights are subject to your privacy settings, so even if they don’t expire when you close your account, they’ll still be subject to whatever restrictions you had when the account was active. Facebook founder Mark Zuckerberg has also posted a more philosophical response on the Facebook blog saying that while the new Terms of Service are “overly formal,” they’re only meant to give Facebook the legal ability to enable content sharing among users. – from Consumerist
Does Facebook Own You?
Everyday, Young Zuckerberg is slowly turning into Lord Vader….
Facebook’s terms of service (TOS) used to say that when you closed an account on their network, any rights they claimed to the original content you uploaded would expire. Not anymore. Now, anything you upload to Facebook can be used by Facebook in any way they deem fit, forever, no matter what you do later. Want to close your account? Good for you, but Facebook still has the right to do whatever it wants with your old content. They can even sublicense it if they want.
You hereby grant Facebook an irrevocable, perpetual, non-exclusive, transferable, fully paid, worldwide license (with the right to sublicense) to (a) use, copy, publish, stream, store, retain, publicly perform or display, transmit, scan, reformat, modify, edit, frame, translate, excerpt, adapt, create derivative works and distribute (through multiple tiers), any User Content you (i) Post on or in connection with the Facebook Service or the promotion thereof subject only to your privacy settings or (ii) enable a user to Post, including by offering a Share Link on your website and (b) to use your name, likeness and image for any purpose, including commercial or advertising, each of (a) and (b) on or in connection with the Facebook Service or the promotion thereof.
- from Consumerist
Facebook should take a long, deep look into how it treats its users. Until now, users had options with regards to how the data they generated on Facebook was used. Now, they have no options whatsoever, rather than quit the service altogether. It’s a major difference; I’m not going to take it lightly, and neither should you. – from Mashable
Woo hoo! Mother’s Group Plans Protest of Facebook’s Ban on Breastfeeding Photos
Mark Zuckerberg is such a boob. Here’s the buzz roundup on the “Facebook Nurse-In…”
A group of nursing mothers fed up with social networking site Facebook censoring their pictures plans to hold a “Nurse-In” to prove that breast-feeding is not obscene. The moms want Facebook to stop taking down pictures of breast-feeding mothers posted in member profiles. Under the leadership of a Utah mother the nursing moms have formed a group called “Hey Facebook-Breastfeeding is Not Obscene” and has attracted more than 54,000 members. As part of their protest they plan to all change their profile pictures to photos of themselves breast-feeding. – from WCSH6
Facebook is accustomed to parents complaining about racy photographs posted on its site, but now some mothers are seething over revealing pictures it refuses to allow on its pages. A group called the Mothers International Lactation Campaign, or MILC, is planning a “nurse-in” outside the social network’s Palo Alto offices to protest its removal of user-posted images that show women breastfeeding their babies. The demonstration, planned for Dec. 27, also will have a virtual component, as thousands of people on the Web make nursing photos their main profile picture. The protesters say breastfeeding is not obscene, and Facebook’s removal of their pictures sends the wrong message to mothers everywhere. A Facebook spokesman Tuesday clarified that the site does allow breastfeeding photos as long as they do not show a fully exposed breast. – from Inside Bay Area
Man, Mark Zuckerberg is a Douchebag…
He really needs to update his senior picture…
Regardless, Facebook founder Mark Zuckerberg spoke to Techcrunch. Here’s what Mark had to say about their profitability:
This was the one topic where Mark was not very forthcoming. He wouldn’t talk about specific revenues. But he did say that the company’s self service advertising product was doing very well, both in the U.S. as well as internationally. “It’s surprising how much money comes in internationally,” he said, and suggested noncommittally that Facebook’s self service ad revenues are higher than our recent estimates that MySpace is on a $50+ million run rate for their new self serve ad product.
When I asked about how Facebook’s virtual gift product was doing, Mark kept quiet. “I don’t know off the top of my head but wouldn’t answer if i did.”
- from Techcrunch
