Best of the Week: Facebook’s nightmare; Google’s ridiculous profit; and can they still get the Foxtel float away?

Welcome to Unmade, mostly written on Friday afternoon at a pleasant 3.5 star hotel in Sydney’s rainy Chinatown, and polished off this morning in a mildly hungover race against checkout time.

Happy World Nutella Day.

Bubble’s end?

I wonder whether we’ll look back on the last few days as the moment the tech bubble began to burst.

The tech sector hasn’t had as bad a fortnight since the moment the NASDAQ technology index peaked in March 2000, just before losing two thirds of its value when the Dot Com Boom became the Dot Bomb Crash. The index took 15 years to recover.