The removal of Gatekeepers should not drive the demand for new ones; then, why venture capital has a lot in common with Hollywood, which should serve as a warning. Finally, a reminder, courtesy of the New York Times, of why the Fake News campaign is dangerous.
Daily Update
Archive of Daily Emails for Stratechery Members
Oculus Connect 4, Russian Ads and the Law, Trump and Facebook
Mark Zuckerberg’s keynote at Oculus 4 gave the clearest indication yet why Facebook might be interested in Virtual Reality. Then, Trump challenges the first amendment, so why are folks eager for regulation of content? Plus, Facebook isn’t trustworthy either.
Airbnb Reportedly Building Apartments, Apple Hires New General Counsel, Uber’s Board Saga Ends
Catching up on a story that intrigues (Airbnb), a story that raises eyebrows (Apple), and another that seems to have finally reached its conclusion (Uber’s board disfunction)
The End of AOL Instant Messenger, Innovation Versus Interoperability, Portability > Interoperability
AOL Instant Messenger is dead, and there is a new debate as to whether interoperability killed it. The answer is almost certainly no, but that doesn’t necessarily mean interoperability is a bad thing…or is it?
Google Ends ‘First Click Free’, Google Subscription Services, Facebook’s Publisher-Friendly Offering
Google is announcing publisher-friendly changes, particularly the end of ‘First Click Free’. However, they still want to control the consumer, unlike Facebook, which is taking a much more publisher-friendly stance. That, though, doesn’t mean it is better.
Roku’s IPO and Origin Story, Netflix Versus Roku and the Conservation of Attractive Profits, “Weak” Aggregators
Roku’s origin story explain Netflix’s strategic acumen — which, by extension, explains why Roku is a risky bet. Then, Roku explains “weak” aggregators, that aren’t really aggregators at all.
Uber in London: A Correction, Books and Blogs Revisited, More Aggregators
A comment on Twitter 280, and a correction on Uber in London. Then, why blogs are better than books (in some cases), and a whole list of aggregators not covered in Defining Aggregators.
Uber Loses London License (Pending Appeal), The Idea of Uber, Uber’s Existential Test
Uber is losing its London license, pending appeal: whether or not the company gets it back is a test of the company’s long-term viability. Plus, why Facebook has to realize that facts are not enough.
Google’s HTC Deal, HTC — and Google’s — Motivations, Apple Watch and Apple Memory
Google has made a rather odd deal with HTC — basically an acquihire. What are the two company’s motivations? Then, Apple Watch news and reviews, and a smartphone-related acquisition that is actually more important than Google’s.
Toys ‘R’ Us Goes Bankrupt; Debt, the Internet, Forests and Trees; Twitter: The Good and the Bad
Toys ‘R’ Us went bankrupt because of debt, not e-commerce; that said, debt was a problem because private equity didn’t consider e-commerce. Then, Twitter gives good news and bad news.