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Facebook will miss out on owning the social entertainment feed if Mark Zuckerberg views TikTok as merely an algorithmic video recommender like Instagram Explore

“It's almost like the Explore Tab that we have on Instagram” said Facebook CEO Mark Zuckerberg in leaked audio of him describing TikTok during an all-hands meeting. Tweets: @leconcurrential and @nbashaw Tweets: Thibault Schrepel / @leconcurrential : If that analysis is correct (time will tell), it'll show that 1/ privacy is not that big of a concern for users and 2/ that Facebook will soon be disrupted. Let me start compiling past articles of “experts” explaining that FB is immortal, just in case ;) https://techcrunch.com/... Nathan Baschez / @nbashaw : This is good. TikTok is more like YouTube than Snapchat. Facebook has always had trouble understanding creator communities / entertainment / public content. It's better at communication. https://twitter.com/... Expand More For Next Unexpand More For Next

TechCrunch Josh Constine

Discussion

  • @leconcurrential Thibault Schrepel on x
    If that analysis is correct (time will tell), it'll show that 1/ privacy is not that big of a concern for users and 2/ that Facebook will soon be disrupted. Let me start compiling past articles of “experts” explaining that FB is immortal, just in case ;) https://techcrunch.com/..…
  • @nbashaw Nathan Baschez on x
    This is good. TikTok is more like YouTube than Snapchat. Facebook has always had trouble understanding creator communities / entertainment / public content. It's better at communication. https://twitter.com/...
  • Vox Peter Kafka on x
    Facebook's code of silence has been breached. It's amazing it stayed intact this long.
  • @ewarren Elizabeth Warren on x
    What would really “suck” is if we don't fix a corrupt system that lets giant companies like Facebook engage in illegal anticompetitive practices, stomp on consumer privacy rights, and repeatedly fumble their responsibility to protect our democracy. https://twitter.com/...
  • @paulg Paul Graham on x
    If Elizabeth Warren were right that Facebook stifles innovation and should be broken up, startup investors would agree with her. They both (a) understand startups, and (b) have the most to lose if incumbents kill the up and coming ones. But on the whole they don't agree with her.
  • @ewarren Elizabeth Warren on x
    I'm not afraid to hold Big Tech companies like Facebook, Google, and Amazon accountable. It's time to #BreakUpBigTech: http://elizabethwarren.com/...
  • @pkafka Peter Kafka on x
    Meta-take: The leak is more important than the content. Facebook has been holding weekly all-hands for thousands of employees for years. Very little has gotten out until now. https://www.vox.com/...
  • @karaswisher Kara Swisher on x
    From @CaseyNewton what we call in the business a barnburner. Mark Zuckerberg is not having any of your breakup DC and will sue you if you make Facebook have an “existential” moment. And yes, there's audio. https://twitter.com/...
  • @caseynewton Casey Newton on x
    Today we're publishing highlights from two hours of leaked audio in which Mark Zuckerberg rallies Facebook against critics, competitors, and Sen. @EWarren. It's a fascinating look at a company under siege. https://www.theverge.com/... https://twitter.com/...
  • @carlquintanilla Carl Quintanilla on x
    Zuckerberg responds. (via @sameepa) $FB pic.twitter.com/QTaYM7U1lV
  • @themoko Jessica Powell on x
    Such hullabaloo but IMO the Zuckerberg Q&A sounds like most tech all-hands “We're right and [politicians/media] are wrong and yes we care about [issue x] but the media exaggerates things, and no we don't think it's an issue. And now I will make a joke and you will laugh pls” http…
  • @mattyglesias Matthew Yglesias on x
    If you work at Facebook and have a conscience, note that when Facebook takes criticism from conservative politicians, Zuckerberg tries to change things up to appease critics whereas when it takes criticism from progressive politicians he vows to “go to the mat” to fight them.
  • @karaswisher Kara Swisher on x
    Respect for Zuckerberg move of posting ⁦@CaseyNewton⁩ scoop of his existential crisis chat and providing link. By which I mean the PR person who convinced him to do it. (I'm looking at you ⁦@nick_clegg⁩.) https://www.facebook.com/... via ⁦@nytimes⁩
  • @joshconstine Josh Constine on x
    Zuckerberg tries to own his Q&A leaked to @CaseyNewton so it feels less clandestine, but I'd bet regulators will demand he be “unfiltered” with them too https://www.facebook.com/... https://twitter.com/...
  • @caseynewton Casey Newton on x
    Here are Zuckerberg's thoughts on the leak. To answer some of the conspiracy tweets I've gotten: no, Facebook PR did not give me this audio. I wish! https://www.facebook.com/... https://twitter.com/...
  • @mattyglesias Matthew Yglesias on x
    As Zuckerberg said, Warren winning would cost him a lot in legal fees. Trump, by contrast, boosts profits with corporate tax cuts. Does he have an obligation to shareholders to help spread fake news that helps him beat her?
  • @courtenlow @courtenlow on x
    All of us to Zuckerberg: https://twitter.com/... https://twitter.com/...
  • @thescibabe @thescibabe on x
    The fact that Mark Zuckerberg is shitting himself so hard over just the possibility of Elizabeth Warren's presidency is all the more reason to vote for her. https://twitter.com/...
  • @meaganmday Meagan Day on x
    Silicon Valley donors “are begrudgingly coming around to admit that she's the best answer because Bernie is crazy,” said a California based money manager who spoke on the condition of anonymity. https://www.cnbc.com/...
  • @ncassiel Noah Cassiel on x
    Theres a reason why even rich democrats were threatening to support Trump if Warren becomes the nominee. Warren is an actual threat to the status quo. Not Biden, not Harris, Warren. https://twitter.com/...
  • @ewarren Elizabeth Warren on x
    We have to fix a corrupt system that lets giant companies like Facebook engage in illegal anticompetitive practices, stomp on consumer privacy rights, and repeatedly fumble their responsibility to protect our democracy. #BreakUpBigTech https://www.theverge.com/...
  • @film_girl Christina Warren on x
    Again, I'm not necessarily in favor of breaking up big tech, but I don't know if we should be taking our regulatory and legislative cues from VCs...actually, no, I do know. We should not take our regulatory and legislative cues from venture capitalists. https://twitter.com/...
  • @jeskillings Jonathan Skillings on x
    Zuckerberg says, go ahead, read the transcript to get “an unfiltered version of what I'm thinking.” But — is Mark Zuckerberg ever really, really unfiltered? https://twitter.com/...
  • @zephyrteachout Zephyr Teachout on x
    This is so unbelievably important. And, in case you're wondering, note that she came out with this strong, surprising proposal *right before her big surge*. Fearless anti-monopoly is good for democracy, and its good politics. https://twitter.com/...
  • @styx666official @styx666official on x
    Warren meanwhile has zero issue with those sites censoring independent users profusely for political reasons. https://twitter.com/...
  • @priyaakulkarni2 Priya Kulkarni on x
    Tech giants have armies of lawyers and lobbyists working around the clock to protect their interests. Their greed has surpassed ethics and morals. They tried to kill campaign of Tulsi Gabbard in the past. Back home India keep an eye on this @rsprasad https://twitter.com/... https…
  • @kurtwagner8 Kurt Wagner on x
    This is wild. Not necessarily because anything Zuckerberg said here is scandalous. But because Zuckerberg does these company-wide QAs all the time - an important part of FB culture - and he speaks very candidly because he trusts employees won't leak what he says. https://twitter.…
  • @mattyglesias Matthew Yglesias on x
    A good question for him is whether in addition to using his billions of dollars and vast army of lawyers to try to win political battles, would he use Facebook's control over news distribution to try to slant election results in favor of candidates he likes better? Why not?
  • @fmanjoo Farhad Manjoo on x
    The idea that Warren poses an existential threat to Facebook is ... just wrong. She's calling for breaking up Facebook so that it no longer owns WhatsApp and Instagram. That's not existential! Facebook would exist and still be by far the biggest social network in the world.