[kictanet] Zuckerberg appears to admit Facebook is a media company

[James Muritu]

Ali,

Good insights. Most Banks are now starting to view themselves as FinTech
companies holding a banking licence(fundamental to Equity's success),
whereas disruptive & innovative telcos are continually viewing themselves
as providers of an ICE Model (Information, Communication and
Entertainment). Changing times!!

James Muritu

On Wed, Jan 4, 2017 at 11:27 AM, Ali Hussein via kictanet <
kictanet at lists.kictanet.or.ke> wrote:

> If it walks like a duck, sounds like a duck and swims like a duck... :-)
>
> In today's complicated world however, where whole industries have been
> disrupted its more difficult to pigeon hole a company into an industry..
> The loose definition is usually taken from the business model of companies
> - Say if more than 50% of your revenue comes from advertising space on your
> platform then you are a media company; from Software and Hardware then you
> are an IT/Technology Company; from voice calls/data a telco company etc.
>
> This however is the traditional definition hence why I'd agree with
> Zuckerberg in his assertions that whilst Facebook is a media company it's
> simply not a traditional media company.
>
> So if we look at the local context I'd like to pose some questions:-
>
> 1. Which industry is Safaricom in? Media? Telecommunications? Banking?
> Entertainment?
>
> 2. How about Equity Bank? Telco, Banking?
>
> 3. Wananchi? Media? Telecommunications? Content disruption?
>
> *Ali Hussein*
> *Principal*
> *Hussein & Associates*
> +254 0713 601113 <0713%20601113>
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
>
>
> "Discovery consists in seeing what everyone else has seen and thinking
> what no one else has thought".  ~ Albert Szent-Györgyi
>
> Sent from my iPad
>
> On 4 Jan 2017, at 10:15 AM, Mildred Achoch via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
> Happy new year everyone,
>
> This may be of interest:
>
> "Facebook’s chief executive, Mark Zuckerberg, appears to have finally
> conceded that the social network is a media company, just not a
> “traditional media company”."
>
> https://www.theguardian.com/technology/2016/dec/22/mark-
> zuckerberg-appears-to-finally-admit-facebook-is-a-media-company
>
> Regards,
> Mildred Achoch.
>
> Check out the Rock 'n' roll film festival, Kenya TV Channel!
> http://kenyarockfilmfestivaljournal.blogspot.com
>
> _______________________________________________
> kictanet mailing list
> kictanet at lists.kictanet.or.ke
> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>
> Unsubscribe or change your options at https://lists.kictanet.or.ke/
> mailman/options/kictanet/info%40alyhussein.com
>
> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
>
> KICTANetiquette : Adhere to the same standards of acceptable behaviors
> online that you follow in real life: respect people's times and bandwidth,
> share knowledge, don't flame or abuse or personalize, respect privacy, do
> not spam, do not market your wares or qualifications.
>
>
> _______________________________________________
> kictanet mailing list
> kictanet at lists.kictanet.or.ke
> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>
> Unsubscribe or change your options at https://lists.kictanet.or.ke/
> mailman/options/kictanet/james.muritu%40gmail.com
>
> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
>
> KICTANetiquette : Adhere to the same standards of acceptable behaviors
> online that you follow in real life: respect people's times and bandwidth,
> share knowledge, don't flame or abuse or personalize, respect privacy, do
> not spam, do not market your wares or qualifications.
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://lists.kictanet.or.ke/pipermail/kictanet/attachments/20170104/8ce7ef68/attachment.htm>