Hey yâall, itâs Austin Carr in Boston. Mark Zuckerbergâthe computer geek, the coder since puberty, the biopic-ized hackerânow identifies as
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Hey yâall, itâs Austin Carr in Boston. Mark Zuckerbergâthe computer geek, the coder since puberty, the biopic-ized hackerânow identifies as a designer. But first⦠Todayâs must-reads: â¢Â Amazon is apparently [not buying]( Electronic Arts, after all
⢠Facebook agreed to settle [Cambridge Analytica lawsuit](
⢠Trademark filings suggest Apple may be securing [ârealityâ names]( for an upcoming AR/VR headset The new Mark In a podcast released last week, Facebook co-founder Mark Zuckerberg spent nearly three hours in conversation [with Joe Rogan](. It was an eclectic interview, with Zuckerberg discussing everything from martial arts to the metaverse. The most revealing part, though, may have been Zuckâs repeated descriptions (and reminders) of his singular focus on design. âAs a product designerâ¦â he told Rogan in one of many similar refrains. Itâs an odd title for the chief executive officer of Meta Platforms Inc., and a telling bit of [personal rebranding](. Zuckerberg has long celebrated his engineering background, a â[code wins arguments](â philosophy enshrined in Facebookâs original â[hacker way](â mission statement. That ethos, in essence, was antithetical to design-centric startups such as Airbnb Inc. and Pinterest Inc., and a far cry from how Apple Inc.âs design-minded Steve Jobs and Jonathan Ive approached product development. Yet Zuckerberg seems to have come around to their way of thinkingâor at least wants to give that impression. âAs a product designer, a big part of what youâre designing is the emotional experience that people have using it,â he said. âI just donât want to build something that makes people super angry.â Of course, for much of Facebookâs history before it became Meta, the things Zuckerberg built did make a lot of people angry. The companyâs services were crafted following âmove fast and break thingsâ principles that prioritized rapid software releases and iterating based on granular metricsâa process once described as â[A/B testing on steroids](.â The resulting products were often geared toward boosting platform engagement, [mining data]( and juicing advertising dollars. In many cases, they werenât particularly inspiring or beloved experiences. Zuckerberg may have conquered the social media landscape with the â[big blue app](,â Like button and [News Feed](âbut his attempts at product innovation were riddled with failures. There was [Beacon](, [Home]( and pretty much [everything from its short-lived Creative Labs group](, to name just a few flops. The company was not renowned for homegrown design. If anything, it was infamous for [acquiring competitors from Instagram]( to [WhatsApp](, and [cloning the apps]( it couldnât buy, including [Snapchat]( and [TikTok](. Meta-era Mark appears to have changed. In his conversation with Rogan, he talked about his dedication to designing experiences over a decade-long period. Echoing a [classic Steve Jobs-ism](, he explained how data can be misleading and that customers donât always know what they want. (âPart of the challenge in designing products is sometimes what people tell you that they want to spend their time on is different from what they actually do spend their time on.â) He also kept coming back to the feelings his creations imbue: âWhat does it look like to design the next computing platform in a way thatâs really people-centric?â Zuckerberg is betting the companyâs future on the metaverseâa creation that will require deep trust from users who will immerse themselves in Metaâs digital world. So perhaps itâs not surprising that Zuckerberg wants to convey his more humane, empathetic and mature approach to experience development. Even if itâs mere good PR, it was refreshing to hear him discuss form-factor constraints, voice-and-gesture interactions, and enhancing user physical comfort with virtual avatarsâstuff designers would commonly explore, but not necessarily programmers primarily concerned with lines of code. In one interesting exchange, Rogan brought up the film âMinority Report,â in which characters manipulate holograms with their hands. Zuckerberg said thatâs an unlikely future because your arms will get way too tired if you have to hold them up all the time to interact with computers. Fair point! But Zuck clearly hasnât completely strayed from his engineering mindset, given that he also talked about ways to read input signals from âmotor neuronâ pathways and how he still gets into a hacker-esque âflowâ focus for hours until his wife interrupts his concentration. In an email, a Meta spokesperson wrote that âMark is a builder and a technologist at heart.â â[Austin Carr](mailto:acarr54@bloomberg.net)
The big story Cryptoâs real value was never $3 trillion. The true value of the crypto market [isnât what its believers suggest](, but itâs nothing to sneer at, either. What else you need to know Netflix is considering pricing its new ad-supported subscription at [$7 to $9 a month](. Tesla-supplier Panasonic is reported to be in talks to build a [$4 billion battery plant]( in the US. Despite an economic downturn and Covid-related disruptions, Chinese [food delivery giant Meituan]( reported a better-than-expected revenue. Affirmâs Max Levchin told Bloomberg TV that the company is âdefinitely looking quite activelyâ [at acquisitions](. Join Bloomberg Live in London for the [Bloomberg Technology Summit]( on Sept. 28 to see Europeâs business leaders, policymakers, entrepreneurs and investors explain how theyâre adapting to this new environmentâand discuss solution-based strategies. Follow Us More from Bloomberg Dig gadgets or video games? [Sign up for Power On]( to get Apple scoops, consumer tech news and more in your inbox on Sundays. [Sign up for Game On]( to go deep inside the video game business, delivered on Fridays. Why not try both? Like getting this newsletter? [Subscribe to Bloomberg.com]( for unlimited access to trusted, data-driven journalism and subscriber-only insights.âââââââ You received this message because you are subscribed to Bloomberg's Fully Charged newsletter. If a friend forwarded you this message, [sign up here]( to get it in your inbox.
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