Tag Archives: Monopoly

Cory Doctorow: Tech Monopolies and the Insufficient Necessity of Interoperability – Locus Online

The story of how this came to pass is tawdry and oft-told: it’s the tale of how switching competition law’s enforcement to focus on “consumer welfare” (low prices) destroyed labor markets, national resiliency, and the credibility of democratic institutions. It’s … Continue reading

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The REAL Reason McDonalds Ice Cream Machines Are Always Broken – YouTube

TL;DW: The McDonald’s corporation forces franchisees to purchase a particular model of Taylor ice cream machines. These ice cream machines are finicky, prone to error, and hard to diagnose, which makes franchisees call someone to repair them. By contract, only … Continue reading

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Peter Thiel: Competition Is for Losers – WSJ

I am woefully late in coming to this understanding that monopoly is the goal of all venture capital. Peter Thiel, of Paypal, Palantir, Facebook “fame,” literally said this was the goal, in front of God and everyone, in a WSJ op-ed, … Continue reading

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jwz: ENGAGEMENT!

Every time we post to our Facebook account, it immediately gets 2-5 one-word comments from random Indian dudes with locked accounts that are years old and have thousands of friends: Source: jwz: ENGAGEMENT! There’s never post about Facebook on “Hacker” … Continue reading

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How People Get Rich Now

The tech companies behind the top 100 fortunes also form a well-differentiated group in the sense that they’re all companies that venture capitalists would readily invest in, and the others mostly not. And there’s a reason why: these are mostly … Continue reading

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Google eyes privacy-friendly substitute to cookies – Axios

Tests show advertisers can expect at least 95% of conversions per dollar spent on ads, compared to cookie-based advertising, Google said. Source: Google eyes privacy-friendly substitute to cookies – Axios I don’t even need to read the article to know … Continue reading

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Take the Profit Out of Political Violence – BIG by Matt Stoller

Repealing Section 230 or reforming it so platforms who profit via advertising are not covered, would reduce the incentive for social media to enable illegal behavior. If we did so, a whole range of legal claims, from incitement to intentional … Continue reading

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Big Tech to face its Ma Bell moment? US House Dems demand break-up of ‘monopolists’ Apple, Amazon, Facebook, Google • The Register

Of course, there is still a long way to go before any of the report’s recommendations become a reality. Even within the committee, there is not unanimity, with some Republican members expressing concerns over breaking up companies in particular. Republicans … Continue reading

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Sacrifice for Thee, Vast Wealth for Me | Epsilon Theory

From 2014 – 2019, the same years that CEO and Chairman Doug pocketed $200 million in real money stock-based comp, American Airlines had *negative* free cash flow of $3.2 billion. And took on an additional $14 billion in debt. And … Continue reading

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GitHub goes off the Rails as Microsoft closes in

And this year, Microsoft App Center and Google Container Builder showed up as Marketplace apps, signalling(sic) that GitHub isn’t just a storefront for startups but a cog in the code deployment machines of major tech firms. Source: GitHub goes off … Continue reading

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