Slashdot Mirror
Dark Days Ahead For Facebook and Google?
An anonymous reader writes "Dallas Mavericks owner and media entrepreneur Mark Cuban thinks he knows the reason for Facebook's disappointing IPO; smart money has realized that 'mobile is going to crush Facebook', as the world's population increasingly accesses the Internet mostly through smartphones and tablets. Cuban notes that the limited screen real estate hampers the branding and ad placement that Google and Facebook are accustomed to when serving to desktop browsers, while phone plans typically have strict data limits, so subscribers won't necessarily take kindly to YouTube or other video ads. Forbes' Eric Jackson likewise sees a generational shift to mobile that will produce a new set of winners at the expense of Facebook and Google."
It's too bad they don't make phone software or something that could help them pick up at least a little market share in that area, amirite?
There's no -1 for "I don't get it."
According to this article, Google is estimated to bring in $4 billion in mobile Ad revenue in 2012. Even if these estimates were off by (a generous) 25%, that still sounds like a lot of money. What exactly am I missing here that led the Forbes author to predict Google's demise? I must admit I don't know much about where Facebook stands in this regard.
Yahoo stupidly paid a couple billion to Cuban for a worthless website at the height of the dot-com boom.
Since then he has goofed around with sports teams and had a bunch of failed business ventures. Apparently on Slashdot this makes you a technology genius who's every blog post is front page material.