Page 23 - Network Effects News Today

Around is going to cause some people to say, i dont need this trouble from my social media network. i want to post pictures and get up dates on family and news. i just dont trust this any more. >> so you saw that with the unilabor saying they might pull ads. and what is interesting is the reason facebook explode ready network effects. every person who joins makes it more valuable for the next person who joins. every person who leaves makes it easier for the next person to leave. so zuckerberg is...

Monopoly in search and facebook is a monopoly in networking. they dont have competitors because of network effects that exist online. now from, a consumers vantage point. whats not to like? amazon clearly makes stuff cheaper, including books, the things that you and i write for a living apple makes music cheaper. consumers arent complaining, the big issue is the political consequences of companies like facebook becoming dominant publishers of news and other content. thats the issue. these compan...

Have to trust the company. jenna: we are at the miers see of the companies. >> we in a sense are. they of course want to do well by us, i mean a company like facebook, yes they are selling our privacy to anybody who is paying money for them but they have a facade of theyll keep our data private from people who dont pay. >> is it inch tkhaoed indeed a in facade? who is responsible for keeping us safe? are you saying we should out source that to the government so there is more regulation nor the i...

Big enough, right, you say, well, its fine if youre big, but also play on a level playing field like amazon. but the point is, when amazon gets big enough, it can muscle around different state legislatures. thats the issue it seems to me. >> it can be tackled. you think of teddy roosevelt, you cant talk to him, you can think about him. >> i probably get his name wrong. >> and that is why you do need anti-monopoly law and the technology sector lends itself, actually, to the creation of monopolies...

jet in 172 dressed as a priest. the fbi says wright then forced agents to deliver $1 million ransom dressed only in swim trunks to prove agents had no guns. he flew to algeria and vanished, until now. he was living in a resort town and is now fighting extradition. for a second day workers are hanging outside the washington monument at the very tippy top, checking each marble block. that earthquake that shook the east coast last month did more damage than first thought. >> these engin...

special coordinator for the peace process says it was contrary to international law, joining a wave of condemnation from around the world. in italy, amanda knoxs defense team will resume closing statements thursday. and lawyers have to answer prosecution charges that the american was a demonic she-devil responsible for the death of her roommate. knox is appealing her murder conviction. jurors should get the case next week. those are the headlines from cnn, the worlds news leader. im ...

as i do. this is your old stomping grounds and some of the same people may be here. you know, this is the set up. thats whats going to happen today. the jury is going to get instructions from the judge and this is a set up. this is where the prosecution and defense say, heres what happened. this is why dr. conrad murray is guilty because he did this and then the defense will say, well, this is why hes not guilty because michael jackson did this and theyre going to say that michael jack...

there, or are you alone? >> reporter: i am alone except for the crew and some other reporters. i had to look around. were sort of in a bubble. you know how that is, but, where do we start, ali? oh my gosh. there is so much to talk about in this case. when you talk about propofol. we didnt know anything about propofol before michael jackson. some people get it when you go into procedures but you didnt know the name of it. as you said, opening statements, starting about 8:45 local time, ...