Microsoft’s big bet: building a Netflix for games
Microsoft frames its Activision Blizzard deal as a metaverse play against Facebook. The real logic is Xbox Game Pass — a Netflix for gaming.
Author: Björn Jeffery
Big tech is immune to the sell-off — everyone else is not
The tech sell-off is splitting the sector into two camps: mature big-tech giants mostly worried about regulators, and high-growth newcomers getting repriced hard.
Apple’s App Store rules are strict — unless you’re China
Apple enforces its App Store rules with an iron hand everywhere except China. With the digital yuan launching at the Beijing Olympics, expect another round of exceptions.
Why the next Theranos is already being funded
Elizabeth Holmes is convicted, but the fear-of-missing-out that enabled Theranos is alive and well. Due-diligence timelines are shrinking, not expanding.
Crypto’s real charge is political, not financial
Crypto's most interesting feature isn't the price action — it's the decentralized structure that threatens to reorder the financial system and the states built on top of it.
Reddit’s IPO will put its old problems on full display
Reddit is heading to the stock market with a passionate community, an advertising-heavy business model, and a long history of moderation fights. Going public will only make all of that more visible.
TikTok’s dark side — built on purpose
TikTok and Instagram executives duck the hard questions on youth wellbeing. The algorithms do exactly what they're designed to do.
Power shift: tech giants are building the new conglomerates
As GE and J&J split up, Jack Dorsey's Block, Meta, Alphabet, Tencent, and ByteDance are building the conglomerates of a new era.
Bitcoin — soon just like any other stock?
JPMorgan says investors are eyeing bitcoin as an inflation hedge again. But the correlation with the S&P 500 tells a very different story.
Big tech is hiding a crash in the rest of the sector
Zoom, Twitter, Pinterest and Robinhood are all down sharply — but the five big tech giants' all-time highs are masking the damage inside the popular tech funds.