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You're not worth $US10 a year to Mark Zuckerberg actually, just a bit less. That's one of the many factoids revealed in The Social Network's new Form 10-Q [PDF] filed last Friday.
One item of interest is that the US Securities and Exchange Commission (SEC) has decided not to investigate Facebook's 2012 float.
The 10-Q states that "In May 2014, the Securities and Exchange Commission (SEC) notified us that it had terminated its inquiry and that no enforcement action had been recommended". The filing also notes that Facebook is "also party to various legal proceedings and claims that arise in the ordinary course of business," including some legal fun with patent trolls / non-practicing entities. Facebook is shrugging off those actions, stating "we believe that the amount or estimable range of reasonably possible loss will not, either individually or in the aggregate, have a material adverse effect on our business".
Another interesting factoid in the filing points out the USA remains the dominant source of cash for the company, with $US1.26bn of the $2.91bn brought in during the 30 days to June 30th coming from the land of the free. There's no other line item for nations as sources of revenue because "No individual country exceeded 10% of our total revenue for any period presented."
(Score: 5, Funny) by Dunbal on Monday July 28 2014, @11:32PM
How can I actually start costing him money? What can I do?
(Score: 4, Insightful) by bugamn on Tuesday July 29 2014, @12:49AM
Maybe you could not use Facebook?
(Score: 3) by Tork on Tuesday July 29 2014, @07:10AM
🏳️🌈 Proud Ally 🏳️🌈
(Score: 2) by bugamn on Wednesday July 30 2014, @01:08AM
As far as I know, the users define Facebook's worth. The loss of one user might be worth a lot less than a cent, but it still costs then. Once upon a time there was MySpace, but it lost users.
Of course, if you can give better suggestions I would love to hear them.
(Score: 2) by Tork on Wednesday July 30 2014, @02:12AM
In the context of what the person was asking, no, it doesn't cost them, they just don't earn that money. Now you may call that pedantic, and you would be right, but the reason I'm making the distinction is that he may not have a Facebook account and would like to flip the bird at them. Also, frankly, they could lose customers for a million other reasons besides this one. Actively sending a message by costing more than they don't earn will have a bigger impact. Again, I refer to what happened with EA and their DRM.
🏳️🌈 Proud Ally 🏳️🌈
(Score: 2) by isostatic on Tuesday July 29 2014, @08:33AM
That costs him money in the same way that copying a film costs a studio money.
(Score: 0) by Anonymous Coward on Tuesday July 29 2014, @08:45AM
Nope, that costs him money the same way as not watching a film at all costs a studio money. There's a difference. If those are the options and there's no chance of getting you pay for it they'd rather have you freeload it and that way get some of your friends pay instead.
(Score: 2, Informative) by Anonymous Coward on Tuesday July 29 2014, @12:57AM
> How can I actually start costing him money? What can I do?
Tag photos with the wrong identities. Their facial recognition database relies on human oversight. If you provide bad oversight then it makes the identification algorithms less accurate. They probably have statistical methods to filter out some bad actors, but the more people who screw with it, the harder it will be to filter them out. You should probably also consistently tag some people correctly, if none of your tags match anyone else's tagging you will be easy to filter out. Try to only do it to people you don't like.
(Score: 2, Insightful) by Horse With Stripes on Tuesday July 29 2014, @01:26AM
If you use Facebook and AdBlock (or some variation thereof) then you're probably already costing him money (though not as much as $10 per year).
(Score: 1) by Anonymous Coward on Tuesday July 29 2014, @06:53AM
Not likely. A piece of your soul is worth more than their bandwidth and cpu costs.
(Score: 3, Funny) by DECbot on Tuesday July 29 2014, @05:35AM
Use AWS instance and the facebook api to wget all the photos of your friends and friends of friends. Either output the results to /dev/null or upload it to your album on facebook. Make that a cron job too.
Or do something like this:
while(true){
int * img_ptr = makeRandomJpeg();
char * pageAddress = upload(IMG_ptr);
tagRandomFriend(pageAddress);
}
cats~$ sudo chown -R us /home/base
(Score: 0) by Anonymous Coward on Tuesday July 29 2014, @05:39AM
> How can I actually start costing him money? What can I do?
Work on a facebook killer.
Something like diaspora but more fine-grained so that anyone can run their own personal node on their phone where 'friends' all cache each other's data on their phones for redundancy and speed (chances are somebody in your circle of friends is going to be on wifi so bandwidth charges won't be big worry).
(Score: 0) by Anonymous Coward on Tuesday July 29 2014, @07:06AM
Use his site in as antisocial ways as you can get away with, with the intent of eventually getting as many of your friends as possible to leave it.
This is a risky idea though. Should you fail you've just made him more money.
(Score: 0) by Anonymous Coward on Tuesday July 29 2014, @10:59AM
Help all your non-techie friends install adblock.
Noscript and ghostery are painful for them, because until you white list stuff they break sites, but adblock just works.
It reduces their downloads (good for those on fixed plans) and speeds things up for those on slow connections. Best of all it fucks turds like zuckerberg.