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Facebook appears to be down.
A link for this submission? Really? But it is down, as in not working. Error 5 - something went wrong.
[chromas adds] From VOA:
Instagram is back up after suffering a partial outage for more than several hours, the photo-sharing social network platform said in a tweet, but its parent Facebook Inc.'s app still seemed to be down for some users around the globe.
Certain users had trouble in accessing widely used Instagram, Whatsapp and Facebook apps earlier Wednesday, in one of the longest outages faced by the company in the recent past.
[...] A Facebook spokesman confirmed the partial outage, but did not provide an update. The social networking site had issues for more than 12 hours, according to its developer's page.
Facebook took to Twitter to inform users that it was working to resolve the issue as soon as possible and confirmed that the matter was not related to a distributed denial of service (DDoS) attack.
(Score: 2) by JoeMerchant on Thursday March 14 2019, @12:29PM (10 children)
Check the market cap. Value is not intrinsic, value is what somebody with money is willing to pay.
🌻🌻 [google.com]
(Score: 3, Informative) by isostatic on Thursday March 14 2019, @12:54PM (3 children)
Share price is higher than it's been since August 2018. There appears to have been no impact
(Score: 0) by Anonymous Coward on Thursday March 14 2019, @01:15PM
You're obviously wrong: apparently they need to crash more so the price goes even higher.
(Score: 1) by shrewdsheep on Thursday March 14 2019, @01:40PM (1 child)
Everybody sighs in relief, well done Facebook, let's buy some shares for this bold and prudent step.
(Score: 2) by JoeMerchant on Friday March 15 2019, @04:05AM
Predicting market moves is all about predicting most people's behavior...people who buy things in the market, at least.
The dataset Facebook streams and collects is really valuable when it comes to predicting people's behavior.
🌻🌻 [google.com]
(Score: -1, Flamebait) by Anonymous Coward on Thursday March 14 2019, @02:28PM (2 children)
I see your name is JoeMerchant, so the confusion is understandable, but value is not money.
(Score: 3, Informative) by HiThere on Thursday March 14 2019, @04:10PM (1 child)
Wealth is not money, but I'm not sure about value. Value seems to denote that it has an assignable value...i.e., that you can put a number to it. Now Facebook may have a negative value to me, but that doesn't mean it doesn't have one.
Javascript is what you use to allow unknown third parties to run software you have no idea about on your computer.
(Score: 1, Insightful) by Anonymous Coward on Thursday March 14 2019, @06:47PM
I agree that money is in the set of things that can be assigned a value, but not all things that can be assigned a value is money.
(Score: 3, Informative) by mcgrew on Thursday March 14 2019, @05:18PM (1 child)
No. COST is what people are willing to pay, VALUE is what it means to you.
mcgrewbooks.com mcgrew.info nooze.org
(Score: 2) by JoeMerchant on Friday March 15 2019, @03:54AM
I believe you will find that cost is equivalent to asking price, whereas value is equivalent to bidding price.
If you ever find yourself in possession of something you consider extremely valuable and attempt to convert that value to something else, you will find that bidding price is the only one that really matters when you are selling. When you have cash and are attempting to use it to possess something, you are in a position to negotiate asking price downward - negotiating bidding price upward is a much harder game.
🌻🌻 [google.com]
(Score: 1, Informative) by Anonymous Coward on Thursday March 14 2019, @05:20PM
Value *is* intrinsic. You're confusing value and price.
Yesterday at the thrift store, they were giving away power supplies to clear the shelves. They have a value to somebody. To me they are valuable as an example in this post, but they had a price of zero yesterday.
Facebook's "book value" per share is computable--it has physical assets, accounts receivable, contracts, etc. It's share price is what's determined by the market.
tl;dr, share price and value are two different things.