
Hail to the Chief of Facebook
Capitalisn't
00:00
How Important Is Information to Facebook?
Facebook acquired a company called Onavo, which can essentially spy on everything that you were doing on your phone. So they have these special built-in proprietary metrics using Onavo data so that they can identify potential competitors or just purchase them outright. That's exactly Microsoft 1998 all over again. They encumbered with a huge market share, abuses the power they have from the market share to crush the competition.
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