BC TECH
Saved by @jacobhtml

BREAKING: @CommonsCMS @DamianCollins just released previously sealed #Six4Three @Facebook documents:

 Some random interesting tidbits:

1) Zuck approves shutting down platform API access for Twitter's when Vine is released #competition
2) Facebook engineered ways to access user's call history w/o alerting users:

Team considered access to call history considered 'high PR risk' but 'growth team will charge ahead'. @Facebook created upgrade path to access data w/o subjecting users to Android permissions dialogue.
3) The above also confirms @kashhill and other's suspicion that call history was used to improve PYMK (People You May Know) suggestions and newsfeed rankings.
4) Docs also shed more light into @dseetharaman's story on @Facebook monitoring users' @Onavo VPN activity to determine what competitors to mimic or acquire in 2013.

https://t.co/PwiRIL3v9x
5) Interesting contrast regarding "never selling users' data"
6) OK well at least Facebook developers were self aware of their public image (re: bluetooth beacons and call-logs): "Facebook uses new Android update to pry into your private life in ever more terrifying ways - reading your call logs, tracking you in businesses with beacons,etc"
7) @FTC consent decree required that @Facebook get 1A) affirmative consent before the collection of covered info 4A) create a privacy program to address privacy risks

However, docs show lead of privacy program was actively working to evade user consent https://t.co/mcXhDnSg2i
8) Another study in contrasts

@Facebook statements re: Android SMS and Call Log History
1) internal discussion Feb 4 2015
2) public 'clarifying' statement Mar 25 2018
9) Anti-competitive practices can consist of selectively blocking access to the ad network, not just user data:

@Facebook's director of platform offered to 'unblock @Tinder's monetization possibilities' if @Tinder permitted use of 'Moments' trademark:
https://t.co/VkJGD4hp5E
10) 2015 exchange re: whitelisted apps with @Lyft

Q: Are there any contracts or other steps besides whitelisting to launch a feature using the APls?

A: You don't need to worry about any contracts for the api. This is a product we are testing and will be rolling out slowly.
11) Facebook rep discusses removal of 'all friends-list in V2 of Facebook API as an indirect way to drive mobile ad adoption
(NEKO is an acronym used to describe mobile app-install ads)
12) Here is the key 'pay for access' evidence that @DamianCollins hinted at in @CommonsCMS: Apps need to spend at least $250K/yr on @Facebook ads (NEKO) in order to maintain access to data. Apps that don't will have data permissions will be revoked. #antitrust #sellingdata
13) In 2012, Vine and Path were the two fastest growing social networking app competitors to Facebook. #wherearetheynow #competition
14) If you read anything, it should be the email from @Zuck on P49 laying out his vision for platform monetization and growth (echoed by Sandberg).

It most clearly lays out the strategy of the company with regards to platform API and user data:
15) "The fundamental principle that governs Platform usage: reciprocity-an equable value exchange between a 3rd party developer and Facebook" (excluding competitors)

Developers provide: or direct payment/rev sharing
FB provides: access to platform (userdata/friends)
16) Finally, some might recall this exchange between @Zuck and friend from a *slightly* older leak (2004) which illustrates that the issue of bartering access to users' information isn't a new one -- it's @Facebook's primary motivation:

https://t.co/0oh1dGIDvd (ht @EuanDBriggs)

More from Tech

Shaun Russell
Shaun Russell
@_ShaunRussell
"I really want to break into Product Management"

make products.

"If only someone would tell me how I can get a startup to notice me."

Make Products.

"I guess it's impossible and I'll never break into the industry."

MAKE PRODUCTS.

Courtesy of @edbrisson's wonderful thread on breaking into comics – https://t.co/TgNblNSCBj – here is why the same applies to Product Management, too.


There is no better way of learning the craft of product, or proving your potential to employers, than just doing it.

You do not need anybody's permission. We don't have diplomas, nor doctorates. We can barely agree on a single standard of what a Product Manager is supposed to do.

But – there is at least one blindingly obvious industry consensus – a Product Manager makes Products.

And they don't need to be kept at the exact right temperature, given endless resource, or carefully protected in order to do this.

They find their own way.
TECH
getify
getify
@getify
Java was first released in mid-1995, just 6 months before JS.

By 98, when I went to college, Java was already used for all the first level courses in the CS program.

How did it catch on so quickly (just 3 years) to shift university curriculum, which is usually so slow/behind?

I wonder why Java was so respected and JS was not? Why/how was Java already seen as such a stable and mature language?

Not just Java, other languages (like python) were also released around/near 95, and also seemed to get to "mature" respect status. much quicker.

I bring all this up because my impression of Java in 98 was that it had been around "forever" (as had C++ first developed in 79, but not standardized until 98!), but that's not. true at all. These were all new languages around the same time.

I'm sure the language designs had different merits, and the target applications meant a different perception and reception, but...

it sure seems like the industry (and academics) just decided Java and C++ were the stable mature ones and langs like JS were toys.

BTW, before you assume JS was nascent/immature b/c the web wasn't much of a thing yet, remember that JS was actually released as LiveScript on the server before it was released in a browser. So "server-side JS" was always part of the story, not just Node 15 years later in 2009.
TECH
Advertisement
Patrick McKenzie
Patrick McKenzie
@patio11
Torn between "I think losing $100 million when someone beats you at security research is pretty much exactly what you signed up for doing yield farming" and "Maaaaaaaybe not the future of finance you were expecting, huh."

How to put this in regular finance terms...

Suppose hypothetically you have an account at a brokerage with some valuable asset in it. You take a margin loan against that asset to fund your normal spending, or pay a tax bill, or maybe buy something at another brokerage.

For reasons known only to the brokerage, they don't denominate your loan in dollars. They denominate it in shares of a money market fund, which are worth $1 +/- epsilon and basically never deviate from that.

And you think "Hmm, I have a large equity cushion against this loan."

One day, a computer system at the brokerage reports, sorta-kinda erroneously, that the value of the money market fund is actually $1.30 per share. The equity cushion is gone. Your valuable asset is sold, at timing you didn't choose, at wrong price, to pay an inflated phantom debt

And your recourse is... probably tweeting at patio11 saying he finds too much joy in this.

Which I don't; I just feel like this is why you don't trust a CPU built out of redstone to build reliable financial infrastructure on top of.
TECH
Colby Fayock
Colby Fayock
@colbyfayock
Next.js has taken the web dev world by storm

It’s the @reactjs framework devs rave about praising its power, flexibility, and dev experience

Don't feel like you're missing out!

Here's everything you need to know in 10 tweets

Let’s dive in 🧵


Next.js is a @reactjs framework from @vercel

It couples a great dev experience with an opinionated feature set to make it easy to spin up new performant, dynamic web apps

It's used by many high-profile teams like @hulu, @apple, @Nike, & more

https://t.co/whCdm5ytuk


@vercel @hulu @Apple @Nike The team at @vercel, formerly Zeit, originally and launched v1 of the framework on Oct 26, 2016 in the pursuit of universal JavaScript apps

Since then, the team & community has grown expotentially, including contributions from giants like @Google

https://t.co/xPPTOtHoKW


@vercel @hulu @Apple @Nike @Google In the #jamstack world, Next.js pulled a hefty 58.6% share of framework adoption in 2020

Compared to other popular @reactjs frameworks like Gatsby, which pulled in 12%

*The Next.js stats likely include some SSR, arguably not Jamstack

https://t.co/acNawfcM4z


@vercel @hulu @Apple @Nike @Google The easiest way to get started with a new Next.js app is with Create Next App

Simply run:

yarn create next-app

or

npx create-next-app

You can even start from a git-based template with the -e flag

yarn create next-app -e https://t.co/JMQ87gi1ue

https://t.co/rwKhp7zlys
TECH
Brian Balfour
Brian Balfour
@bbalfour
⚡️🧠Impact = Environment x Skill

A framework for making big career decisions by @iambangaly (Reforge Partner, Former Instacart, Instagram)

Full post -> https://t.co/dU0l7e0BWR

🧵 Thread...

1/ Career decisions about your next role/opp are the most impactful decisions you might make in your career. As an operator, all of your eggs are in one basket at a time, and we get a limited number of swings at the plate. So getting good at these decisions is important...

2/ At FB, Bangaly managed Rotational PM's. At the end of a rotation, he'd have the same convo: How are you going to choose your next rotation/role?

As a result, Bangaly got a lot of reps guiding this type of decision and created a framework to help with it...

3/ The framework is Impact = Skills x Environment

The goal is not to try and boil this type of decision down to a spreadsheet of inputs that spits out the answer, but rather it helps with 4 things...


4/ It can help with:

- Identify individual variables that are inputs into the decision.
- Evaluate each individual variable in a structured way.
- Understand the relationship between each variable.
- Narrow the decision down to the most important variable

...
TECH

You May Also Like

Anshul Pandey
Anshul Pandey
@Anshulspiritual
THE NOTICEABLE SIGNS OBSERVED ON IMPENDING DEATH(मृत्यु के संकेत या चिन्ह)

As per Skanda Puran, Kartikeya had narrated to Muni Agastya about the signs of the coming death. This is as per this ancient scripture.


If one experiences the air coming out of right nostril continuously then it is observed that the person dies within three years. If the breathing is continuous towards upper side from both the nostrils, then the person can die within two three days.

If the breathing is through the mouth instead of the nostrils then the person may live only for two days. The person should take into coignance these signs of the occurance of any sudden death.

As per astrology when the Surya is in the 7th house and Chandrama is in its own house and the breathing is only through the right nostril then the danger exists. If you see a yellow black coloured figure who becomes invisible immediately then the life span is limited to 2 years.

If any person sneezes, passes urine, stool and semen all together he has only a year more to live. If a person sees blue coloured snakes flying in the sky then he has only six more months to live. If a person sees any thing opposite to its real self like colours
RELIGION
Anshul Pandey
Anshul Pandey
@Anshulspiritual
SHAKTA DHARMA AND THEIR ACHARYAS

Śhākta or Shakti or Devi pooja is not a new upasana. It is being carried out right from the time of Vedic period. Puran's tell us that Rishi Vashishth would worship Tara devi. Parshuram ji worshipped Tripura devi,


Agastya learned the secrets of Shri Vidya from Vishnu ji in Hayagriva avtaar. Bhagwan Ram, Laxman and Krishna too learned the tantrik vidya. Even Rig Ved 7.103.5 Sayan Bhasya also mentions about Śhākta/शाक्त(शाक्तस्येव शक्तिमतः).

Then we find that in the Harrappan excavations many figurines depicting Shakti were found. So in that age too, which was supposedly an urban city shakti was being worshipped. So naturally this tradition would be prevalent in rural areas too.

It is wrong to say that shakti puja originated from Bengal although it was popular there. Matsyendranath received this vidya from Maheshwari herself in Kamrup. We know that Shakti pooja is practised all over India.

Not much is known about the Śhākta saints in other parts of India in the middle ages.

Adi Shankaracharya wrote Pramanech saar named book on tantra and Anand lahri book on Devi strotras. Then there were Acharya Shankar, Bhaskar Rai, Laxman, Deshikendra, Raghav Bhatt, Krishnand,
ALL
Advertisement
George Mack
George Mack
@george__mack
THREAD: 15 of the most useful razors and rules I've found.

Rules of thumb that simplify decisions.

Bezos' Razors:

• If unsure what action to take, let your 80-year-old self make it.

• If unsure who to work with, pick the person that has the best chances of breaking you out of a 3rd world prison.

Skinner's Law:

• If procrastinating on an item, you only have 2 options:

1. Make the pain of not doing it greater than the pain of doing it.

2. Make the pleasure of doing it greater than the pleasure of not doing it.

Luck Razor:

• If stuck with 2 equal options, pick the one that feels like it will produce the most luck later down the line.

I used this razor to go for drinks with a stranger rather than watch Netflix.

In hindsight, it was the highest ROI decision I've ever made.

Bragging Razor:

• If someone brags about their success or happiness, assume it’s half what they claim.

• If someone downplays their success or happiness, assume it’s double what they claim.

The map is not the terrain.
ALL , BUSINESS , PRINCIPLES
Justin Kan
Justin Kan
@justinkan
1/ Throughout my startup career, I’ve seen many founders have an aversion to sales. This is a mistake that can kill your startup.

2/ Sales is often viewed as either a saving grace or proof that the product isn’t good enough (because it should sell itself). Neither are ever true. Some common mistakes that result in...

3/ Mistake 1: Hire a sales rep before reaching product/market fit to get your initial batch of customers. This is a mistake because founders need to work through their MVP with early adopters to truly understand what it is they’re selling.

4/ Mistake 2: Reach product/market fit, need to scale, and rely entirely on self-serve. For enterprise products that require big commitments and internal shifts, almost no product is self-explanatory enough to sell itself.

5/ Mistake 3: Make a first sales hire who isn’t scrappy enough to help mold the sales process from scratch. Some salespeople are amazing at their jobs, but not cut out to establish the processes that others end up following. This skillset is what @rdedatta calls a “sales ninja”.
STARTUPS
Meet Shah
Meet Shah
@ms89_meet
Strong Monopolies:

IRCTC 100% Market share in Rail Network.

IEX >90% market share in power trading.

Zydus wellness >90% market share in sugar free product.

Eicher motors >85% market share in 250cc bikes category.

MCX >85% market share in commodity trading.

Coal India >80% market share in coal production in India.

ITC >75% market share in cigarettes.

Honda Siel >75% in portable power generators.

Hindustan Zinc >75% market share in primary zinc industry.

Asahi India Glass >70% market share in automotive glass.

NRB Bearings >70% market share in needle roller bearings.

Pidilite >65% market share in adhesives.

CAMS >65% market share in RTA within mutual fund industry.

Time Technoplast >65% market share in polymer based industrial packaging.

Concor >65% market share in domestic container cargo transport.

Exide >60% market share in lead batteries.

Naukri >60% market share in the Indian job market space.

Praj >60% market share in ethanol plant installing.

Indiamart Intermesh >55% market share in the online B2B Classified space.

Borosil Renewables >55% market share in Lab glass.

Vst Tillers >50% market share in
Power tillers.

Delta corp >50% in online poker games.

Vinati Organics >50% market share in IBB.
GENERICLEARNINGS , GENERAL TWEER , INTRESTING TOPIC