Kurt WagnerNEW: Google will limit ad targeting for political ads. This includes Customer Match, where you can upload an email list & target them. (Facebook's version is called Custom Audience)
I feel like that's the major benefit/secret sauce of digital advertising
Kurt WagnerTwitter claims part of the revenue miss was product related. I'm told it was this: Twitter was using personal data from some users to either target them with ads or measure the performance of ads in ways it wasn't supposed to. It stopped doing that in Aug.
Kurt WagnerMark Zuckerberg will testify before congress for just the second time tomorrow, and Libra will be an important topic of discussion. The awkward part? I'm not sure how much new he'll be able to say...
Kurt WagnerA lot of the Twitter reaction to this story has been that it was "no big deal." If you feel that way, I won't argue against you. But any interactions between the most powerful man in technology and an active presidential campaign are worth covering IMO
Kurt WagnerFacebook's Mark Zuckerberg spoke today about why he wants Facebook to sell political ads, why he's afraid of China, and how social media represents the "fifth estate" during a 37-minute speech at Georgetown University
Kurt WagnerGiven Mark Zuckerberg is going to make a speech about free speech tomorrow, we'll see if this sizzling hot take of mine holds up for more than 24 hours:
I think FB should just get rid of political ads. Huge headache, little reward
Kurt WagnerInterviewed @davidmarcus today on Bloomberg @technology and asked about the state of Libra given all the partners who left last week. He says new partners are on the way & that political pushback against Libra is example of politicians fighting innovation
Kurt WagnerNEW: Facebook says it has acquired CTRL-Labs, a startup w/ technology that lets people control a digital avatar with only their thoughts. Acquisition price: Between $500M and $1B, sources say, which is broad but a significant amount of $$ regardless
Kurt WagnerNEW: Facebook uses outside contractors to transcribe some audio clips collected through its Portal devices. That program was paused last month, but is restarting with a new opt-out privacy setting
Kurt WagnerIt’s been almost a year since Elliot Schrage resigned from one of FB’s top jobs, hired his own replacement, and took public responsibility for one of FB’s biggest scandals. So what’s he up to now?
He’s still working full time at Facebook!
We’re expanding the values that serve as the basis for our Community Standards — the guidelines for what is and isn’t allowed on Facebook.
Kurt WagnerFB just published a blog listing four "values" the company will use as reasons to limit certain kinds of posts/speech
"When we limit expression we do it in service of one or more of the following values:
Show Recode Media, Ep The epic battle for Uber, with Mike Isaac from the New York Times - Sep 4, 2019
Kurt WagnerRumors are true: this pod with @pkafka and @MikeIsaac is great. Listen til the end to hear Peter interview his kids about technology, which is fun and a good reminder kids today tech savvy af
Kurt WagnerFB is launching its dating service in the US today.
More interesting IMO: It’s letting people basically combine their FB and IG profiles to create a dating profile. That’s the most notable blending of the two products that I can recall
Polling data and secretive projects – ‘Stormchaser’ and ‘Night’s Watch’ – helped the social media giant track public sentiment, and respond to it
Kurt WagnerAbout this whole "IG is going to make all your messages public" hoax -- this is the kind of thing FB used to track with internal software called "Stormchaser" so that it would know where/ how to respond. I wrote about it w @mhbergen a while back
Kurt Wagner1/ Weird, creepy scoop from @sarahfrier: Facebook contractors have been transcribing random bits of conversation collected from FB users. They weren’t told where the clips were coming from or what the transcriptions were for