Showing posts with label Facebook. Show all posts
Showing posts with label Facebook. Show all posts

Friday, January 20, 2017

Mark Zuckerberg sues 100s of Hawaiians

Mark Zuckerberg


Mark Zuckerberg

Mark Zuckerberg fired back at "misleading stories" about the 700 acres of Hawaiian property he paid $100 million for in a post on his Facebook page Thursday.
The Facebook CEO has filed quiet title actions in court against a few hundred Hawaiians who have partial legal-ownership claims to parcels of land sprinkled throughout his vacation estate on the island of Kauai.
The families who have been sued collectively inherited 14 parcels of land through the Kuleana Act, a Hawaiian law established in 1850 that for the first time gave natives the right to own the land that they lived on.
In his Facebook post, Zuckerberg said the lawsuits were simply a way to find the various owners, some of whom are descendants that have ownerships rights to 1/4% or 1% of a property and don't even know it. 
The so-called quiet title suits are designed to "find all these partial owners so we can pay them their fair share," Zuckerberg said.
"For most of these folks, they will now receive money for something they never even knew they had," he said. "No one will be forced off the land."
"We are working with a professor of native Hawaiian studies and long time member of this community, who is participating in this quiet title process with us," he continued. "It is important to us that we respect Hawaiian history and traditions."
Zuckerberg, his wife Priscilla Chan, and their daughter Max last vacationed on their Kauai property in December.
You can read Zuckerberg's full post from Thursday below:

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Story originally appeared on Yahoo

Tuesday, January 3, 2017

The rise of fake news in social media

If you use Facebook lately, you will notice a lot of the stories are not 'so true'. There are tons of websites and blogs that publishes news article that are either retrofitted to their liking and not what the news is about. 
Some of the 'not so true' stories just like this 'Fake News' And How The Washington Post Rewrote Its Story On Russian Hacking Of The Power Grid. It turns out that the narrative is false. This is from Washington Post which some of us will take it as-is without hesitation in mind. 
Most people today either uses Facebook and twitter and other social media for their news feeds and what is happening around. Mostly the articles there in Facebook are composed of blogs and news bits that are 'not worthy' to read. Some are just driving the traffic to their websites so the ad revenues will go high. So in order to do this, the people behind fake news sensationalize the story by either adding up their opinion on the matters or just adding up stories to suit the readers that they want to cater. 
This phenomenon is not new. It was also the problem during the early days of the news paper where sensationalized stories are 'in' to drive up the sale of the paper. same thing goes online now - the only difference is - you don't need printing press to publish your story out there.
So how are we going to combat the fake news if even the known names in publishing industry also fell for it? Like Facebook which implement a third-party verification thru Poynter. As pointed out in FB - "Spammers make money by masquerading as well-known news organizations, and posting hoaxes that get people to visit to their sites, which are often mostly ads."  - just to drive the clicks to their websites for revenue. BUT just like the stories of "email forwarding to 50 people", this problem will be there as long as the readers are there. Maybe the ads are to blame? the way Google, Facebook and others set up monetary incentives to click ads are to blame? People will not come up with this idea of setting up fake news sites in the first place if it's not for the money (at least most of them are)

Tuesday, May 21, 2013

Yahoo, Flickr, and Tumblr

Yahoo announced of a $1.1B acquisition of Tumblr to strengthen its position in mobile content creation world. Why Tumblr when Yahoo already have Flickr?  
Can't Yahoo add features to Flicker to redesign it to become a picture/video posting sites with a little bit of blogging on the sides? I believe they can - only the thing is they won't do it coz the CEO wants a paved way already to keep Yahoo shares up. 

I think the reason behind the acquisition of Tumblr by Yahoo is to use its technology in blogging and incorporate it to Flickr. 

Let's see if these two will eventually the 'Facebook' of Yahoo!