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MarketFoolery

MarketFoolery: 10.21.2013

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 21 October 2013

⏱️ 12 minutes

🧾️ Download transcript

Summary

Facebook changes its privacy policy to attract more teenage users. Plus we analyze the latest earnings from McDonald’s and Hasbro.

Transcript

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0:00.0

It's Monday, October 21st. Welcome to Markit Foolery.

0:05.6

Chris Hill is off today. I'm Mark Reith and joining me in studio from Motley Fool 1, Jason

0:10.0

Moser and from Motley Fool's supernova, Maddie Arger Singer, gentlemen, happy Monday.

0:14.0

Hey, welcome Mark.

0:15.8

We are knee deep in earning season, so today we'll be talking about McDonald's, Hasbro's,

0:20.7

but first we start off with Facebook.

0:23.0

Last week the social media giant revised its privacy policy

0:26.0

to allow users from the ages of 13 to 17

0:29.0

to post publicly, whereas previously they can only post for friends.

0:32.0

Jason, is this a sign of desperation?

0:35.2

It definitely could be.

0:36.0

I mean, I think one thing we've talked a lot about with Facebook leading up to this point

0:40.3

is just how robust and how active is its user base.

0:45.6

And it does seem like we're seeing more and more

0:49.4

validation that the younger base, teenagers particular are leaving to go other places now

0:55.8

I mean the interesting thing about this is that a lot of them are leaving Facebook

0:59.2

or stopping you know their use of Facebook and going to places like

1:07.3

Tada Instagram. Well, that's just handy for Facebook because they actually own Instagram

1:14.6

But you know what that said if Facebook has a user base of of over a billion and Instagram is somewhere in the neighborhood of like 150 million. So there's a significant difference there.

1:16.5

And you can even see where Twitter has a leg up on Instagram.

1:20.8

But it's just the fight for those mobile dollars. You know, I think we saw from Google's quarter that it's all boiling down to the total paid clicks, right? Because the cost per click is going down.

1:31.0

So I think that's something they have to focus on. That's where the growth is. So he revised it so his 13 to 17 year old. So Mark, you can finally, you can post publicly now.

...

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