FarceBook Is Out Of Gas in [Market-Ticker]

Posted 2013-01-15 20:15
by Karl Denninger
in Company Specific

FarceBook Is Out Of Gas

After hyping the ever-loving bejeezus out of their "announcement" for today, it's nothing more than the ability to search the timelines of people who you are connected to.

Whoopie. Facebook learned how to full-text index (e.g. GiST or similar) the data and restrict the display to you and those who you are "friends" with and their public timelines?

Wow man, my software has been able to do that for... oh.... since Tickerforum opened?

This was worth a hyped up press conference?

This is Facebook's "big announcement"?

This is all they have left?

This company is a zero.

Discussion below (registration required to post)

Main Navigation

Full-Text Search & Archives

Archive Access

Blogtalk 3:30 CT Mondays

Items To Look At

Discuss The Capital Markets along with daily technical analysis with our Gold Donor program.

Where We Are, Where We're Heading (2013) - The annual 2013 Ticker

Links and Blogroll

Our policy on reciprocal links: Send us an email with your information and why you think your blog or news site would make a good addition - in most cases reciprocal link requests will be granted.

Legal Disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.

NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.

The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

Looking for "The Best of Market Ticker"? Check out Ticker Classics.

Visit the forum to discuss this and other investing-related topics; see the FAQ on the forum for information about Gold Donor status including access to our technical analysis video server.

Market charts, when present, used with permission of TD Ameritrade/ThinkOrSwim Inc. Neither TD Ameritrade or ThinkOrSwim have reviewed, approved or disapproved any content herein.

The Market Ticker content may be reproduced or excerpted online for non-commercial purposes provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media or for commercial use.

Submissions may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.

Leads on stories of current economic and political interest are always welcome. Our fax tip line is 850-897-9364; please include contact information with your transmission.

User Info	FarceBook Is Out Of Gas in forum [Market-Ticker]
Mikek31 Posts: 4387 Incept: 2009-05-04 Chicago	***, thought they were going to do an M&A with someone; this* is what the "big" news was? ---------- Intentional manipulation of markets is usually thought of as a crime,* not a benefit, and should lead to indictments, not praise.* -Karl 2013-01-15 20:23:47 Permalink
Antone Posts: 7861 Incept: 2008-02-03 Seditionia, USSA	Yeah, but their version is all 'javascripty.' ---------- As if anything has changed: Wir sind gefickt. 2013-01-15 20:23:50 Permalink
Genek Posts: 67 Incept: 2009-10-27 Richmond, VA	An anouncement of being friended by bots if you don't have any friends would make sense, wait that already exists. 2013-01-15 21:05:40 Permalink
Pika-steph Posts: 54911 Incept: 2007-09-11 Live Free Or Die; US Army Est. 1775	Could you explain that in non-Geek-ese? WTF is this? They learned how to what? ---------- Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org/ "The only regulation that really works is failure."--Rick Santelli 2013-01-15 21:09:45 Permalink
Andrew123 Posts: 175 Incept: 2009-07-05 California	I agree that this is nothing earth shattering, but my understanding is that after running the Facebook search, if you want more results, you will be sent to Bing. How big a deal is this for Google? 2013-01-15 21:14:24 Permalink
Reluctantdebtor Posts: 134 Incept: 2010-03-05 ohio	This is honestly baffling. Will anyone even use the feature? None of my Facebook account info is even real. I use a proxy and half the crap I see on the site is in French. What use is that to the new search function? I thought the big announcement was going to be a Facebook-branded ad-subsidized un-jail-breakable-walled-garden tablet or something interesting like that. 2013-01-15 21:15:42 Permalink
Asimov Posts: 104651 Incept: 2007-08-26 East Tennessee Eastern Time	Pika: Click "search" That. ---------- It's justifiably immoral to deal morally with an immoral entity. If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente. 2013-01-15 21:16:06 Permalink
Pika-steph Posts: 54911 Incept: 2007-09-11 Live Free Or Die; US Army Est. 1775	Oh. But wait. Facebook already has a 'search' function - although it only allows you to search for people or pages on FB. Are you saying you'll be able to search the Internets or be able to search for content on people's Walls? ---------- Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org/ "The only regulation that really works is failure."--Rick Santelli 2013-01-15 21:18:35 Permalink
Asimov Posts: 104651 Incept: 2007-08-26 East Tennessee Eastern Time	content on friend's walls. ---------- It's justifiably immoral to deal morally with an immoral entity. If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente. 2013-01-15 21:22:35 Permalink
Ktrosper Posts: 1510 Incept: 2010-04-06 ft collins co	Gen wrote.. Facebook learned how to full-text index HAHAHAHA! I had that exact same thought when I read the announcement! HAHAHAHAHA! ---------- The unexamined life is not worth living.-Socrates The only stable state is the one in which all men are equal before the law.-Aristotle Liberty exists now in the spaces government has not yet chosen to occupy.-Doc Zero I anticipate that 10 Dallas Cowboys Cheerleaders will blow me this evening.-K.D 2013-01-15 21:23:44 Permalink
Pika-steph Posts: 54911 Incept: 2007-09-11 Live Free Or Die; US Army Est. 1775	Interesting. While I wouldn't say this is some big money-maker, it's something I wished existed if for no other reason than searching content on my OWN freaking wall. I post ** and think I'll be able to go back and reference it again in the future...and forget it, I can never find it. So, as a FB user, I can see this might be handy. ---------- Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org/** "The only regulation that really works is failure."--Rick Santelli 2013-01-15 21:26:22 Permalink
Asimov Posts: 104651 Incept: 2007-08-26 East Tennessee Eastern Time	"handy", yea... Most would have said necessary when they were writing the code. ---------- It's justifiably immoral to deal morally with an immoral entity. If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente. 2013-01-15 21:29:33 Permalink
Thatstockguy Posts: 45 Incept: 2009-06-29	My only question is, who paid for all that promotion on CNBC yesterday and today. I mean yesterday pretty much every commercial break was this ad pumping up 1pm today. 2013-01-15 21:38:52 Permalink
Jotapay Posts: 16835 Incept: 2008-08-26 Tx Online	Quote: Yeah, but their version is all 'javascripty.' I was wondering if Karl was going to convert Tickerforum to something like Twitter Bootstrap..... As far as the amount of work goes, it's light compared to the UI improvement. http://twitter.github.com/bootstrap/base.... 2013-01-15 21:39:45 Permalink
Poid Posts: 610 Incept: 2010-03-08	but Karl they had an ex-Google bloke do it, it must be revolutionary!! And bing is involved too! I mean come on how much more awesome can they pack into search!!!! yeah, nah, its a zero 2013-01-16 06:03:15 Permalink
Colk55 Posts: 2451 Incept: 2010-02-11 Indiana	I missed it but seriously, this was it? What will their next announcement be, the implementation of the wheel for their company vehicles? Pathetic. Talk about a company that's out of bullets. ---------- The politician's motto: If you can't dazzle them with brilliance, baffle them with bull***. 2013-01-16 06:03:20 Permalink*
Bountyhunter Posts: 1298 Incept: 2007-12-05 Newport Beach, Ca Online	This is no different than the infomercial hucksters proclaiming "But wait there is more" FB keeps dribbling out "extra" features that a normal platform would already include from day one. They will try anything and everything to keep their user base engaged. So you FB users get used to plenty of frequent "change" as they try every attempt to get something to catch. ---------- Our world is run by the MOB, ie the Banking Cartel. The number one recipient of commercial banking donations. Barack Obama. Nuf said. Its enough to convict OJ with an ALL black jury. LCruiser 1/29/09 2013-01-16 12:15:33 Permalink
Greednfear Posts: 179 Incept: 2008-10-12 Seattle	It's so obvious the graph search is just another revenue-driven change to FB and not a user-driven one. I am skeptical this is a game changer from their users' point of view. I've stopped using FB for a while but it seems that the overhead to manage your privacy in FB is ever increasing with each of these new invasive feature roll out. I'd imagine now there's a ton of options a user need to tweak to properly set his/her desired privacy level. At some point those who care would just abandon the platform because they've reached that cost-benefit tipping point. 2013-01-16 13:32:14 Permalink
Obseedian Posts: 11887 Incept: 2007-07-26 BBRY Central	The Farce continues: http://www.foxnews.com/tech/2013/01/16/b.... Quote: Want to make your ex-girlfriend jealous? Need to show your friends you are in a serious relationship when you aren't? A Brazilian website says it has the answer: fake girlfriends. NamoroFake.com.br says that for 40 reals ($20) it will create a fake girlfriend and post her profile on Facebook during seven days.... ---------- Would you give your money to these banks? http://bankimplode.com/list/troubledbank.... Those who vote decide nothing. Those who count the vote decide everything. - Joseph Stalin 2013-01-16 22:49:45 Permalink
5755hsa Posts: 651 Incept: 2008-09-07 North of 40 in the land of pathetic highways	"NamoroFake.com.br says that for 40 reals ($20) it will create a fake girlfriend and post her profile on Facebook during seven days...." Ok, but Only if my fake girlfriend has nice fake boobies..... ---------- Ineptocracy (in-ep-toc'-ra-cy) - a system of government where the least capable to lead are elected by the least capable of producing, and where members of society least likely to succeed, are rewarded with goods paid for by the confiscated wealth of a diminishing number of producers. 2013-01-16 23:10:29 Permalink
Lumpeninvestor Posts: 2371 Incept: 2007-10-16 98072, USSA	Anyone else here get the Angel Fraley vs Facebook notice of class action ? Seems they think I'm eligible for a claim. I wonder which of the 5 "likes" I ever did they used in a "sponsored story"? I searched and found this page on it: http://dockets.justia.com/docket/califor.... ---------- Distributing insolvency only destroys the last remaining islands of solvency in a bankrupt world. - Charles Hugh Smith 8/23/2012 2013-01-19 00:54:01 Permalink
Argos Posts: 6442 Incept: 2008-03-23 The Green Mountain State Online	FB has been laboring since the company released earnings. Big lots came in today to defend $30.00, and they didn't hold it. (I just shorted FB--a small position only, just in case the hooded one comes out with an announcement that springs the stock higher.) 2013-02-01 15:59:35 Permalink

Gen wrote..

Quote:

Quote: