35 Burst results for "Tech Giants"
Apple XR headset to launch in 2023 because Tim Cook said so – Report - MIXED Reality News
"5 a.m. Sunday, march 12th, 2023 cook bets on apples, mixed reality headset, to secure his legacy. When Tim Cook unveils apple's new mixed reality headset later this year, he won't just be showing off the tech giants latest shiny gadget. The Apple chief will also be guaranteeing his legacy includes the launch of a next generation hardware product that some inside the company believe might one day rival the iPhone. After 7. The post cooked bets on apples mixed reality headset to secure his legacy first appeared on blockchain consultants
The Daily Hodl
Uniswap Labs Reveals New Crypto Wallet, Says Apple Wont Green Light iOS Launch
"9 p.m. Sunday March 5th, 2023. Uniswap labs reveals new crypto wallet, says Apple won't greenlight iOS launch. The development team behind crypto exchange uniswap uni is revealing a new crypto wallet, but says that tech giant Apple has not yet approved its launch for iOS. In a lengthy thread, uniswap labs says that they are introducing their new uniswap mobile wallet in a limited capacity because Apple has so far failed to. The post uniswap labs reveals new crypto wallet, says Apple won't green light iOS launch appeared first on the daily HODL.
AP News Radio
Google to expand misinformation 'prebunking' in Europe
"After promising results in Eastern Europe, Google is launching a new initiative to teach people how to spot misinformation before they encounter it. They call it pre bunking, educating people about the techniques common to misleading claims that spread like wildfire on the Internet, like scapegoating, false comparisons, and missing context, now tech giant Google is launching a new campaign in Germany with short videos that will appear as advertisements on platforms like TikTok, YouTube, and Facebook, videos in a testing campaign in Poland, the Czech Republic and Slovakia were seen 38 million times. Beth Goldberg, who studies social challenges for a division of Google, says there is a real appetite for solutions, content moderation prompts cries of censorship and traditional journalism fact checks don't reach people who are already distrustful of the media, pre bunking videos are easy to produce and can be seen by millions. Sander van der Linden with the University of Cambridge tells the AP if misinformation spreads and acts like a virus, then maybe we can figure out how to inoculate people. I'm Jennifer King
AP News Radio
Samsung's profit plummets amid global economic woes
"Tech giant Samsung says its profits plummeted last quarter amid weak global demand. The corporation says profits in the last quarter plummeted nearly 70% as a weak global economy to press demands for its consumer electronics products and computer memory chips. The drop represented its lowest quarterly profit since the third quarter of 2014 revenue falling 8% to just over $57 billion. The South Korean tech chant had thrived through the first two years of the pandemic, but it's found it harder to weather the economic shock unleashed by Russia's war on Ukraine, which is disrupted industrial supply chains. I'm Charles De Ledesma.
Pelosi Sold $3M of Google Stock Before DOJ Launched Antitrust Probe
"As the Washington free Beacon another great sight points are convenient timing Pelosi sold $3 million of Google stock just weeks before the Department of Justice launched antitrust probe You know what This woman should be in an orange suit in the same cell as Hillary Clinton Some believable Some believable what they've gotten away with What all these damn Democrats get away with By chuck Ross representative Nancy Pelosi and her multimillionaire husband big dumb Paul sold up to $3 million in shares at Google in recent weeks I thought he was kind of holed up mister producer but he apparently he knows when to act Just before the Biden Justice Department launched an antitrust probe of the tech giant Now let's stop a second They are already writing impeachment papers for Donald Trump of this came out right They're already holding ethics committee hearings on On a member of the House who's a Republicans They'd want to they want to grab their cell phones And this has been going on way too much with this Pelosi crime family too They have made tens of millions of dollars just at the right time buying and selling stocks She's in charge of all the legislation She and she alone that's how she operated in the house Paul but she's iconic She's the first woman but don't say a woman We don't say a woman here no But she's the first woman don't say it but the first woman don't say it To be Speaker of the House Twice Yeah And she lost the speakership twice
Bloomberg Radio New York
"tech giants" Discussed on Bloomberg Radio New York
"At the major benchmarks in the Asia Pacific. The Hanks index is really just up a couple of points. A clutch of points under a tenth of 1%. More handsome gains in Tokyo than EK advancing 6 tenths of a percent. The ASX 200 in Sydney up about a tenth of a percent. I think it's a little bit of a tussle there between those who fear a Central Bank's monetary tightening is has gone too far and they have fears of recession versus the reverse of that people who are looking for a soft landing in the global economy plus China's reopening. Now we did have Goldman Sachs upgrading the forecast for China growth to 5 and a half percent from 5.2% in 2023. And that's based on stronger than expected fourth quarter economic data and estimates for a faster than expected recovery from COVID. And we heard from Liu Hu the economic Tsar in China saying yesterday telling those in Davos that he could even see 6% growth for China. So those people who are optimistic about that may be buying stocks and others who are nervous. That's where the standoff comes in. At the moment the CSI 300 is flat, the Thai X in Taiwan is also flat. The streets index up about two tenths of a percent. We don't know what we'll get from the BOJ today, but dollar yen here at the moment, one 28 52. So we've bounced around in this range from high one 27 to about one 28 and a half over the past couple of days and we have the yield on the ten year treasury here at 3.54%. On a corporate note, Microsoft is planning to cut jobs in a number of engineering divisions as of today and they would be joining the ranks of other tech giants that are scaling back inexpensive. Dug over to you. All right, Brian, thanks. Let's take a closer look at the comments from vice premier le ha, who was speaking at the World Economic Forum earlier. He said the economy in China will likely rebound to its pre-pandemic growth trend this year, and he said, life in the country has been restored to normal. He added that peak infections have passed following a lifting obviously of those pandemic restrictions. He also said to focus this year is going to be on boosting domestic demand, and that in turn will then lead to a notable increase in imports. Importantly, mister Leo addressed international concern over Beijing, turning away from globalization to focus more on self sufficiency. China's fundamental national reality dictates that opening up to the world is a must. We must open up wider and make it work better. We oppose unilateralism and protectionism. We also hope to strengthen international cooperation jointly maintain the stable development of the world economy and promote economic re globalization. That is vice premier Leo host speaking through a translator by the way he is expected to meet with treasury secretary Yellen in Switzerland, and sometime this week, treasury is saying the pair will exchange views on macroeconomic developments and other economic issues. Well, the bank of Japan delivers a much awaited policy decision today, most anonymous are actually expecting no major change, not the market, perhaps, let's hear more now from Bloomberg's David engles. Yes, most economists expect a hold. But an unusually high number of observers say they can not rule out changes to yield curve control policies. Last month, the Central Bank widened its target ban on the ten year JGB to 50 basis points, analysts say a further expansion to 75 or even higher as possible even ditching the policy altogether could be considered. It depends on how to be OG reads the economy, prices, and financial markets will get the decision later today and traders are betting on a possible swing of get this 2% in dollar yen in Hong Kong. I'm David ingles, Asia. Well, in the U.S. session, there was kind of a Paul cast over markets by Goldman Sachs, the company posted an increase in expenses greater than analyst at had expected fourth quarter compensation costs 3.8 billion. That's 16% above the same period last year, more troublesome revenue far below estimates as CEO David Solomon sang an industry wide slowdown has clients worried. Relations between China and the United States may be getting colder at Baxter has global use
ToddCast Podcast with Todd Starnes
Jim Jordan Leads Committee Investigating 'Weaponization of Government'
"Of the, one of the first orders of business is Jim Jordan, who is going to be chairing a select committee and it's called it's called the weaponization of government. And Jim Jordan is going to fast track an investigation into how big government was being used to target conservatives. We're going to be this is a very, very important thing that's about to happen here. So this select subcommittee on the weaponization of the federal government is really in response to what has been coming out from Elon Musk and the Twitter files. And we know for a fact that the Biden administration has been specifically targeting conservatives. Over the weekend, we got word that the Biden White House, the Biden White House, asked Twitter to censor Tucker Carlson and Tommy lahren from over at Fox. So McCarthy has agreed to this select subcommittee. Now the question is, what's going to become of the information that is gleaned as a result of this committee? The subcommittee again is going to be chaired by Jim Jordan and they're going to look specifically at communication between the tech giants and Joe Biden's aides, and they're going to see if the government applied any pressure to Twitter or Facebook or anybody else that resulted in the censorship or the harassment of conservatives. By the way, any of you folks still shadow banned. Censored on Twitter. I don't think it's getting any better over there to be honest with you.
Meta set to make divisive decision on Trumps return to Facebook
"5 a.m. Sunday, January 1st, 2023. Meta set to make divisive decision on Trump's return to Facebook. Meta is preparing to announce whether it will allow Donald Trump back on to Facebook and Instagram in what is the most polarizing moderation decision that the U.S. tech giant has made to date. Trump, whose use of social media helped him secure the presidency in 2016, was suspended from metis platforms for inciting violence. The post meta set to make divisive decision on Trump's return to Facebook first appeared on blockchain consultants.
Double Tap Canada
"tech giants" Discussed on Double Tap Canada
Double Tap Canada
"tech giants" Discussed on Double Tap Canada
"Wow. All right, yes. I wish they would keep this some sort of consistency because you know what? The mini and the iPhone blah, whatever the number may be. And then the pro and the pro max and made sense to me. It made total sense. I was sorry to see no mini. I'll be honest. I do like the mini. The iPhone 12 mini, I'm using here. Reminds me so much of the iPhone fours, which I think a lot of us, excuse me, a lot of us jumped on. With the iPhone four S to the iPhone 9, bandwagon. And it's got a lot of fond memories. I think it was a really nice phone. And I think the mini is sort of replicate that. I did like them. Although the battery life is terrible on the minis. Yeah, yeah, but I will say though, I think that 2023 if there's a new iPhone I see now, I don't know if there will be next year. It may well be 24 before the next one comes out. But if there is, this talk of it being there was rumors this year of it being the iPhone XR design. So we get a little bit closer to what we had. And that probably means a touch ID will become the button at the top, right hand side, like it has on the iPads and other on the iPads mainly with that touch ID button. We saw the new iPad this year, the new budget iPad, which I got hold of and it was nice little device. I mean, it's nice. You can put a keyboard on it. It's kind of cool. I just feel that the issue for me is always that the iPad is just not that friendly for voice-over. I think if you're a voice-over user, it's just way too much real estate. And that's my opinion. That's right. Honestly, if you're not relying on the screen, if you're not low vision, where a bigger screen can actually help. I honestly don't see a difference between an iPhone and an iPad from a user point of view. Yeah, absolutely. I'd rather stick with the iPhone, I think. Let's remind ourselves of one of the key features of the iPhone 14 pro when it came out, at least this was one of the things that they were selling to all of us as a reason to buy this. And only came out. I only became available in the last few weeks. We designed and built custom components and specific software so that iPhone 14 antennas can connect to a satellite's unique frequencies. That connection is only possible when the phone is pointing directly at a satellite. However, satellites fly too high to be seen by the human eye. So we created a unique user experience that shows you where to point your phone to establish a connection and stay connected as the satellite moves. This way, no bulky antenna is needed. Once connected, you need to send and receive enough information to get emergency help. Standard messaging protocols are not designed for satellites limited bandwidth. So we created a custom short text compression algorithm to reduce the average size of messages by a factor of three. A message is sent. Thanks to this algorithm, it can take less than 15 seconds to send a message if you have a clear view of the sky. In other conditions, such as light foliage, it may take a few minutes. And since each message can take some time, we know a standard back and forth conversation would take far too long for an emergency situation. We worked with emergency experts to surface the questions they're most likely to ask, and we provided the most common responses for you to choose from with just a few taps. With fewer messages to write and send, you can get help quicker. After your message is relayed to a ground station, it needs to reach the right emergency service provider. If that emergency service provider accepts text messages, we will connect you to them directly. If they only accept voice calls, we have set up relay centers. Staffed with highly trained emergency specialists ready to get your text and call an emergency service provider on your behalf. So that was one of the big features of the new iPhone 14 pro. That was of course the emergency SOS satellite feature. Which I must admit, you know, sounds great in theory if you're out there in the desert and you're lost. That's great. I mean, how many blind people are going to be in that position? I don't know. Well, now we've got the all terrain cane. Who knows? That's right, yeah. With the altering Kane, I could be out there. We've got my Apple watch ultra on. Putting myself in danger. Yes, absolutely. Quality on all things. But of course, speaking of which, you know, the Apple watch ultra came over this year as well, right? And I think a lot of people are saying that's the device of the year. If there's any device that is the one people will talk about this year, that is it, because it was a new design for the Apple watch. It certainly offered something a bit different. Let's say here, but one of its, well, a couple of us different features, actually. Every detail has been engineered to create the most rugged and capable Apple watch ever. It starts with a case made from aerospace grade titanium that strikes the perfect balance of weight, durability, and corrosion resistance. The titanium case extends up to surround the flat sapphire front crystal, protecting it from edge impacts that can occur during extreme activities. And at the center of the 49 millimeter case is our biggest, brightest display ever in Apple watch. Making it easier to read in the harshest sunlight. We also added a new button, the action button and high contrast international orange. It's customizable and gives users quick physical control for a range of functions. The digital crown has a larger diameter and coarser grooves. And the side button stands proud of the case. Both designed to be used while wearing gloves. And the audio system excels when you're out in the elements. We added a second speaker for increased volume. Three strategically placed microphones in advanced software help ensure voice clarity on calls even in windy conditions. And for maximum connectivity and communication, cellular is built into every Apple watch ultra. So there are a few takeaways from that, Sean. I mean, the big one that got us was the side button, which was customizable. You could use that for whatever you wanted to. You had the second speaker, and you had those three microphones, which meant that you had better arguably better core quality, but of course for us that could be useful for recording for our show or recording notes or sending a message, that kind of thing. It sounds amazing. Mind you, I thought the, you know, the standard, put that in our quotes, the standard Apple watch also sounds amazing, but with the three microphones and the beam forming and the speakers. Yeah, absolutely. But for me, the ultra, the big thing was the battery life. I mean, I understand it's physically a bigger device, but the amount of battery life there squeezing out of that thing is quite frankly amazing. And that's the biggest leap we need for smartwatches, and that's battery life. Absolutely. Incredible. And I do love the action button as well. It'd be great to see what apps can make which make use of that. Yeah, 36 hours battery life, and the update which the promised that has not yet materialized, we'll take that up to 60 hours in low power mode. Yeah, that's amazing. And that's usable. This is the other thing because low power mode on the Apple watch used to mean that basically for a talk for a talk back, how dare I slap myself on the face for a voice-over user, that meant it was redundant. You couldn't really use the watch at all because it wouldn't speak. It would just basically bring up a clock on the screen. Yeah. That's changed. So now you can use the device even and get more out of it for up to 60 hours. Yeah. That's huge news for me. The biggest problem I have with my Apple watch is forgetting to charge it. If I go to sleep with it on and forget to put it on the charger, then it's saying that, you know, you jump in the shower and put it on charge. It's usually done by the time you get out. It charges so quickly. So yeah, I do like the Apple watch again. Not entirely sure why, but I do
The Officer Tatum Show
Federal, State Governments Pay Twitter to Monitor Social Media Posts
"This is Miranda divine talking about the FBI paying Twitter 3.4 million dollars to help censor Americans using your tax money. I just want to get this straight. Your tax money that the federal government, the FBI, the Federal Bureau of Investigation, was using to spy on you or I'm sorry to censor you. This is totally insane. Here's Miranda Devine, audio clip number 6. We have our 7th installment of the Twitter files now revealing how the FBI worked to suppress the Hunter Biden laptop story. Today's New York Post cover, calling the tech giant a quote bird in the hand. Miranda Devine is a columnist for the post foxes contributor Miranda good morning to you and thank you for your time. I just want to remind folks the FBI have a laptop for about a year. They knew that it was real and you say the FBI was grooming Twitter employees to recognize your laptop story. How so? That's right, Bill and Dana. It was pretty clear that there was really a psychological operation being conducted against Twitter executives by the FBI so that when our story came up in October of 2020 that they would recognize it immediately as a Russian hack and leak operation because they'd been warned for weeks by FBI exactly what to look for. In fact, to look for this operation in October and that it would involve Hunter Biden
Trump Vows Free Speech Reform if Elected in 2024
"He was a video message today cut four go First within hours of my inauguration I will sign an executive order banning any federal department or agency from colluding with any organization business or person to censor limit categorize or impede the lawful speech of American citizens I will then ban federal money from being used to label domestic speech as miss or disinformation And I will begin the process of identifying and firing every federal bureaucrat who has engaged in domestic censorship directly or indirectly whether they are The Department of Homeland Security the Department of Health human services the FBI the DoJ no matter who they are cut to go I will order the Department of Justice to investigate all parties involved in the new unlined censorship regime which is absolutely destructive and terrible and to aggressively prosecute any and all crimes identified These include possible violations of federal civil rights law campaign finance laws federal election law securities law and antitrust laws the Hatch Act and a host of other potential criminal civil regulatory and constitutional offenses To assist in these efforts I am urging House Republicans to immediately send preservation letters and we have to do this right now to the Biden administration the Biden campaign and every Silicon Valley tech giant ordering them not to destroy evidence of
Pres. Trump Vows Free Speech Reform If Elected in 2024
"Well let's play what he put out He was a video message today cut four go First within hours of my inauguration I will sign an executive order banning any federal department or agency from colluding with any organization business or person to censor limit categorize or impede the lawful speech of American citizens I will then ban federal money from being used to label domestic speech as miss or disinformation And I will begin the process of identifying and firing every federal bureaucrat who has engaged in domestic censorship directly or indirectly whether they are The Department of Homeland Security the Department of Health human services the FBI the DoJ no matter who they are cut to go I will order the Department of Justice to investigate all parties involved in the new unlined censorship regime which is absolutely destructive and terrible and to aggressively prosecute any and all crimes identified These include possible violations of federal civil rights law campaign finance laws federal election law securities law and antitrust laws the Hatch Act and a host of other potential criminal civil regulatory and constitutional offenses To assist in these efforts I am urging House Republicans to immediately send preservation letters and we have to do this right now to the Biden administration the Biden campaign and every Silicon Valley tech giant ordering them not to destroy evidence of censorship
The Officer Tatum Show
The Case for Respecting Law Inforcement
"All right, so I want to continue this conversation, you know, we spoke about how the disconnect and how the media has been such a detriment in the relationship between law enforcement and the community and then also police officers being demoralized. You know, I say dehumanize demoralized defunded. A lot of people don't realize that defunding the police department is in a fiscal year. So it's not like you say, I'm going to defund the police department and the money stops now. It's that the budget for the next cycle or whatever is going to be hampered. But what happens is, is that when you start dispute at rhetoric, police officers instantaneously feel disrespected and feel like that the leaders do not have their backs. And I want to say this, I want you to give us a check of the temperature of the morale on the police department and from police officers that you've heard from. And also, do you think this is an ebb and flow? Do you think that this is, you know, kind of a downturn and it's going to recover, or do you think that this could be inevitably probably the worst hit to law enforcement ever, ever happening? Well, this is the worst hit for law enforcement I've ever seen. We've survived being through where I were in. We've all survived the private king engineer. We survived the ramparts candle and other things across the country. Because deep in the back of people's minds, they knew they needed us. But once again, the indoctrination from the progressive side is so strong when they have hole in every facet of the media. Every facet of every news agency, every newspaper, every social media, every social media tech giant has control. We are now responding from a deficit, but it's going to be difficult. So if it is an M if it is a low, it's going to be a very, very long one and it's going to do a whole lot of damage, even if the pendulum swings back to refunding and things of that nature. Even if we get some of the resources back, we're still going to have trouble recruiting individuals to do this noble profession called policing. And finding out like I did. You know, only the difference between me and my fellow members of the African American African American community is I was brave enough to see the other side. I was brave enough to see it for myself. And when I was able to save lives, I got high. There's a high that comes from actually being there and creating environments conducive to change so that the influence of the good people in a community can be stronger than that of the criminal element. That's our job as law enforcement. the confines of the constitution and doing it the right way.
AP News Radio
Chinese officers charged in plot to obstruct US Huawei probe
"Two Chinese officers have been charged in a plot to obstruct the U.S. investigation of Chinese tech giant Huawei I Norman hall The Justice Department says two suspected Chinese intelligence officers allegedly sought inside information on the case and paid tens of thousands of dollars in digital currency along with cash and jewelry to a U.S. official they thought they had recruited as an asset attorney general Merrick Garland Individual they recruited was actually a double agent working on behalf of the FBI Besides these two men 11 other Chinese men have been charged with offenses in the last week as part of what FBI director Christopher wray calls China's economic assault and rights violations Norman hall Washington
Dennis Prager Podcasts
The Abortion Issue Isn't Over
"We're going to go straight into a news story here that, you know, so many of these news stories are both surprising and unsurprising to me. They're surprising because they're so absurd and they're unsurprising because they're so absurd. Google, just announced that Google Maps will only produce options for abortion clinics. I'm reading here from a daily wire article that was published a few days ago. Google Maps will only produce options for abortion clinics when users search for abortion related services. However, crisis pregnancy centers nonprofits that offer financial and medical assistance to mothers attempting to keep their babies. Will no longer appear in queries regarding abortion. Okay? Look, I have said many times on this program and on the podcast with Dennis, I am very conflicted about the issue of abortion. I'm pretty clear on what I think on most issues, but this one I really do go back and forth. But the point here is whether or not you support abortion. This is not okay. We here have a tech giant that essentially has a monopoly in the market, okay? Very few people use sites other than Google. So when people are going to search for locations, they're going to use Google more likely than not. We here have a tech giant that is actively trying to suppress services that would allow people who are pregnant to seek other options besides aborting the child.
Bloomberg Radio New York
"tech giants" Discussed on Bloomberg Radio New York
"Manager at alpha simplex group. Thanks so much for joining us. This is Bloomberg. This is progressive notes that most people don't get to experience making a game winning touchdown, or a walk off home run. So we're going to talk to you like you did something great. So you can bask in the glory. Oh man, I was there that time that you bundled your home auto motorcycle and other vehicles with progressive. That was awesome. People were freaking out. I bet you get this all the time, but can I get an autograph? If you can't bask in sports glory, at least you can bask in the glory of saving money when you bundle your home and other vehicles with progressive. Coverage from progressive casualty insurance company affiliates and third party insurers discounts not available in all states or situations. Is the Bloomberg green report sponsored by better help dot com. Big oil is having a blockbuster summer, ExxonMobil and Chevron posted record profits, the new climate bill includes concessions for oil and gas companies. Microsoft, Amazon and other cloud service providers are quieter beneficiaries, they provide the computing power behind energy company efforts to find and extract more oil and natural gas. It can be an awkward look since the tech giants have pledged to cut their own emissions. Microsoft and Amazon justify their oil industry business by pledging to speed up the transition from dirty oil to sources that emit little or no carbon dioxide. Microsoft and Chevron are working on a project to convert agricultural waste into fuel, Amazon Web Services software helps marathon identify methane leaks. Microsoft and Amazon also say making oil companies more efficient is part of their sustainability work. Jeff Bellinger, Bloomberg radio. Burden LLP accountants and advisers presents industry chat with Jeff Kovacs, partner and head of the technology and life sciences practice. Software as a service or SaaS companies are transforming the enterprise software industry
The Charlie Kirk Show
Google's Shadow Operation to Kill Gendered Language With Allum Bokhari
"Let's just kind of talk more broadly about Google right now. And this is a phenomenal story you guys could check it out at the great breitbart dot com. We love breitbart dot com. By the way, a story right next to your story. I just have to say this. We'll talk about it. Miss Universe insists, not all people who menstruate are women. That's where we're at. This is a breitbart dot com story. Go ahead all them. Well, yeah, that's exactly the kind of thinking that's driving this Google's happenings at Google. There are no men and women. If you even use the word men or women or mother or boy, then you're somehow being non inclusive. That's the way they want. It's what we like. It's one of the great and Elon Musk pointed this out. I've said this for a while, but the fact Elon is saying it is hilarious, which is in the same sentence, they'll say, there's no such thing as a woman, but trans women are women. Oh really, so which is it? Or trans women, women? What is that word woman? And I just, I just I've plugged at so many times. Matt Walsh's just precise focus on this question of what is a woman is one of the most brilliant approaches to the trans calamity that I've seen in quite some time. But let's talk about kind of Google as a whole. Do you think that they have been kind of quiet in the last couple of months, at least this is not my beat. I know you're a reporter on this stuff. What have they been up to? What do we have to keep our eyes on when it comes to Google? There's still manipulating search results. Are they woke or than ever? Are you seeing any sort of kind of back to reality movement at Google? What's going on there? I actually don't see any back to reality inside Google. And I've always considered Google to be the worst of the Silicon Valley tech giants. Twitter arguably has a more work culture, but they have less because Twitter is a smaller company with a smaller user base to have less impact on the information we receive, whereas with Google, everyone uses Google. And Facebook, you know, they someday sometimes they sometimes try and throw a bone to the right. They don't always do what the left says. They're still extremely left wing. But Google suppressed right about news completely during the 2020 election. They took our visibility on certain central almost zero. You could even type in bright news headlines and they wouldn't show up in Google even when you're typing in the exact headline. So they clearly intervened in the 2020 election. And we even got a tape of their executives discussing doing that after the 2016 election. So they are the openly and brazenly imperial and elections. We've seen the manipulating search results related to referendums around the world. And nothing is stopping them from doing that again. So I think Google is definitely one we should continue watching. We should look for discrepancies in search results. Discrepancies and traffic from Google to the mainstream media as opposed to Google to conservative media.
Bloomberg Radio New York
"tech giants" Discussed on Bloomberg Radio New York
"You're listening to a special edition of Bloomberg best from libert lives equality summit on Charlie palette Meta is one of the world's biggest tech giants with over three and a half billion monthly active users Roy Austin junior is the first vice president for civil rights and deputy general counsel of Mehta and works to embed a public policy and civil rights lens to meta's business structure Here's Austin junior speaking with Bloomberg's Kurt Wagner on his role in future goals for meta Look so it is unique in that I don't know that exists anywhere This whole vice president of civil rights idea It came out of an audit that was done by Laura Murphy longtime ACLU attorney Facebook invited her in when we were Facebook before Nevada Invite her in to do an audit She spent two years doing the audit came up with a 117 recommendations And one of those recommendations was to create this position vice president of civil rights And when I was approached about this at first I'm like why would I do this Because this doesn't exist Then thought about the reach that meta has 3.5 billion monthly users and I said you know if I can do something with civil rights at this scale that would be incredibly important potentially And from there have built a team of 11 Covering areas from voting and civic engagement to artificial intelligence to product policy and then also working on law enforcement and so those are kind of the pillars of the civil rights program at a tech company All right so the very important question why did you want to work at meta It is in the press constantly.
Money Rehab with Nicole Lapin
"tech giants" Discussed on Money Rehab with Nicole Lapin
"Like a seems like a smart move. Let's open it up to a more macro perspective though. What do you think small businesses need to be mindful of in order to coexist with the Google's and apples of the world? There are a lot of apps that did all sorts of things that Instagram now does within the app. So they get screwed. Yeah, right. Essentially. I mean, one of the things you mentioned that Ramon hasn't had the $1 billion idea. And that's true. And that was another one of the reasons I liked his story. And he's really don't need a $1 billion idea. You know, like a $10 million idea, it's fine. He built this soap opera blog. Essentially for free using Google AdSense and Facebook fan page. And sold it for $9 million. And he'd never watched, he never watched a soap opera in his life, right? So if you're building a soap opera blog, no Google or Facebook is going to come and eat your lunch because they don't care. They don't care about a $9 million blog. But $9 million means you're rich, right? So one of the things I think is like, I heard this guy say a thing, it's kind of silly, but it's stuck with me. In niches, there are riches. I guess if you like niche, she would be a niche as there are issues. Sorry. Not the same. But I think that's how it is in French. And I do think, I mean, you don't need a $1 billion idea. I guess that's one of the lessons of Ramon, right? For most people, a $10 million if I had a $10 million idea that I could execute on it, that would change my life, right? So, and you know, Facebook or Google isn't going to come and steal his soap opera blog. As I was saying, I was like, well, maybe Amazon might steal his dog ramp business, right? But yeah, I think it's small thinking Nietzsche, that seems like one of the big lessons from him for me. So as far as coexisting with the Google's and apple's of the world, what would you just remind would be entrepreneurs that their whole business can change in a flash, really? If there's an update that needs to happen. Well, for sure. And I mean, I do want to talk, we've been emphasizing about the risks of coexisting with tech giants, but there is this other half of Ramon's story that I sort of alluded to, but we emphasize less that's maybe worth talking about, which is it is true that, you know, a tech giant can make some tiny change and destroy your business overnight. That is clearly true. But it's also true that the tech giants have made it arguably easier than ever to start a business. And cheaper than ever, right? Like, you don't need funding. Ramon's first business. That's soap opera business. He was like single dad, paycheck to paycheck. And he started it, you know, he used a WordPress template, just a simple blog, basically, that he got for 20 bucks. And he found a freelancer on upwork, who he paid ten bucks an article for it. Bought some lame domain name that he could get for ten bucks, right? And that was basically what it cost him to start the business, right? He bought some cheap Facebook ads. He used Google AdSense to sell ads on his blog. And he was off and running. And so I think an important idea is, yes, there is risk as there is always risk. But like just try it, right? When I asked Ramon, what is your advice to somebody who wants to start a business? He was like, just don't think about it too much. Just try something. Like, you don't need that much money. You don't need a business plan. You just need to start playing. And if you have a laptop in an Internet connection and like a hundred bucks, you can just make something. For today's tip, you can take straight to the bank. If you're a business owner, follow Ramon's advice. Try to come up with an offering that will make people come back for more. Yes, you'll make more money that way, and we love that. But you'll also build a consumer community. And that's how you build value. Money rehab is a production of iHeartRadio. I'm your host, Nicole lapin, our producers are Morgan levoy and Mike coscarelli. Executive producers are Nikki E Tor and will Pearson. Our mascots are penny and mimsy. Huge thanks to OG money rehab team Michelle lands for her development work, Catherine law for her production and writing magic and Brandon dicker for his editing engineering and sound design. And as always, thanks to you for finally investing in yourself so that you can get it together and get it all. This summer I want to go to Mel which camp accomplish. My Friends say we could swim, play sports, craft, ride horses, and have new adventures every day. Mel would camp accomplish is for kids ages 5 to 18 with and without disabilities, with ten weeks of day camp and overnight camp options to choose from. It's all located in southern Maryland with paddle boats, ropes courses, and outdoor stage, and tons of space to run around and have fun. Sign me up at Mel would dot org slash camp. I'm Catherine Townsend, host of the true crime podcast hell and gone. On October 30th, 2015, the Little Rock police department searched an abandoned car in a small residential park. The car belonged to 18 year old ebi step. Ebbie had vanished without a trace. I'm back in Arkansas, trying to find out what really happened to ebby steppe. Listen to hell and gone on the iHeartRadio app on Apple podcasts or wherever you get your podcasts. Sir, we got your test results back and give it to me straight, Doc. You have to listen to the podcast ridiculous news, hosted by a comedian's Bill worley and Mark Kendall. I know them. They talk about the news, but not like in a depressing way. You know what I mean? They did an episode about April fools. Great. Well, you need to listen to it. Where can I listen? Well, get it wherever you find podcasts. Oh, like in a cereal box. Well, no, that's not where you find a podcast. Instead, listen to ridiculous news on iHeartRadio app, Apple podcasts, you know, wherever you find podcasts. It's like in the middle of a tree. Absolutely not. You sure? Yes..
Money Rehab with Nicole Lapin
"tech giants" Discussed on Money Rehab with Nicole Lapin
"Get your podcasts. Now, for some more money rehab. Yeah, it's an interesting point that first it affected Facebook or meta, right? And then the trickle down was two companies like Ramones. I don't think meta while the stock was really, really hurt by this. Nobody felt super bad. For me, I don't think they're running out of money anytime soon. My heart and your heart and our listeners hearts. I'm sure much more go to Ramon's story because when the update came along, obviously Facebook got screwed and they have to do a mega pivot or figure out how to make money. But then Ramon has to pivot. So what is Ramon's story teach us about the relationship between Apple and small businesses? Well, you know, the metaphor I was thinking of as I was talking to Ramon was of like sharks. Like if you think of Apple and Facebook, like, you know, are like these megalodons, swimming around the ocean. And people like Ramon, entrepreneurs like Ramon are like these tiny little feeder fish, just kind of, you know, using the sharks, right? Benefiting from the sharks. The sharks get something and the feeder fish get the little, what comes off the side or whatever. So like they are building their business through these giant sharks. But then once in a while, the sharks might just like flip their tail and not even intending to, you know, whacked a little feeder fish. So it really is a two sided thing, right? You build your business in this context among these sharks and you benefit from them. But they can also harm you. Without really meaning to, right? So do you think Apple has too much power because they can harm you and your business in such a mega way? Not necessarily. I mean, certainly Ramon doesn't think that. You know, one of the things that's interesting to me is, you know, I'm a journalist by training. And so journalists tend to think of like, well, is this good or is this bad? What's good here and what's bad here. But when I talk to Ramon about it, I mean, he had a real entrepreneur's point of view, which is like the world always changes and I have to keep figuring out how to adapt, right? Nothing lasts forever, nothing is perfect. He's a tech guy. He still believes in tech. And you know, so he, for example, has like a lot of people. This was actually a major shift that happened as a result of this apple update. He is largely shifted his advertising money to influencers, right? So the Facebook ads stopped working as well, but he was like, look, I still got to find the wiener dog people. And I still got to find him on their phones because I'm going to use digital advertising. So instead of buying Facebook ads, he started paying wiener dog influencers, basically. And it turns out I would have thought it was like wiener dog owners, naively, I would have thought that because it's actually wiener dogs. There are all these wiener dogs with millions of followers. Macaroni looked at one called macaroni. It's very charming and when he buys the macaroni, you know, he paid for whatever an ad basically through macaroni is Instagram feed, and it's like, macaroni trying to figure out the ramp, like kind of like sliding. Doesn't figured out how to walk up the pretty charming. Not as good as a Facebook ad frame, but very charming. Charming is one way to describe it for sure. I mean, this makes sense because it sounds like Ramon is this serial entrepreneur. I was just watching wheat crashed the Wii work story. This is not a great comparison. But Adam, of course, started with these random businesses like knee pads for babies. And then, you know, he didn't even have a baby, like, you know, remote, even have a wiener dog, but had this idea or ever saw this very, very small Boyd in the market that he wanted to go after. I mean, I've long said that the pandemic was not my first apocalypse. And I think that Ramones feeling about this is not necessarily unique because entrepreneurs have to deal with a lot of things. I mean, one issue that I found that was not necessarily as central to your conversation, but an interesting one nonetheless was that he switched his strategy to focus more on dog food than ramps. Can you talk us through that part of your conversation and why he made the shift in product? Yeah, and you know, there's this nice model that you hear a lot from entrepreneurs, especially tech entrepreneurs, right? Where they compare customer acquisition cost, right? What is the average cost of finding a new customer, whether it's through ads or giveaways or whatever, they compare customer acquisition costs to the lifetime value of the customer. How much profit am I going to get for as long as that person is my customer. And so just a really simple, useful framework for thinking about a business. And what Ramon told me he figured out was, the cost to find a new customer for dog food isn't that much higher than the cost to find a new buyer of a dollar gram, right? It's a little higher because whatever, people already have dog food, but it's similar. But the lifetime value of a dog food customer is way higher because they're going to keep buying dog food from you for years. So that is, again, Ramon just being an entrepreneur, right? The thing he loves is building businesses. He doesn't care, frankly, if it's dog ramps or dog food or before that, he started a soap opera blog when he never even watched a soap opera, right? What he loves is building businesses. And so he loves finding a business where it's like, oh, similar customer acquisition cost, higher lifetime value. That's a better business. So that's what he's doing. Yeah, it's something that if you talk about on a larger scale bumble is dealing with, right? They went public and they were like, shit after people match, then we don't have. All right. With them, so we have to come up with all these other. What are they doing? They're like baby play date matching. What do you do? That's interesting. Right, it's because after you acquire that customer, the value goes down if you don't have something to continue to offer them. So what do you think the takeaway for a listeners would be if they're thinking about developing a business plan and hearing this? Well, I mean, remote advice and he just said this straight up is like try and find something you can sell that people are going to need forever, right? Like there's a reason, you know, Amazon was so desperate to get into groceries that they just bought whole foods, right? Because, you know, if you're Amazon, fine, you sell me socks once a year. But if you can sell me groceries, I buy groceries three times a week, right? So, you know, food is obviously particularly hard one. But you do see these startup direct to consumer businesses selling things like razors or deodorant or, you know, there are lots of things that people buy in an ongoing way rather than only once. And it seems like if you have a way into that kind of business,.
Money Rehab with Nicole Lapin
"tech giants" Discussed on Money Rehab with Nicole Lapin
Money Rehab with Nicole Lapin
"tech giants" Discussed on Money Rehab with Nicole Lapin
"The cold lap in remember that Apple update aimed at improving privacy, I think generally that went over pretty well for iPhone users and in the court of public opinion. We don't want our data to be given out like candy on Halloween, right? However, this update had complicated repercussions and not the ones you might expect to unpack those repercussions I'm talking to Jacob Goldstein, journalist, and host of what's your problem podcast. So, first off, Jacob, welcome to money rehab. Thanks for having me. I'm so excited to have you, and I wanted to talk to you today about some of the problems that small businesses face when they're existing in the same business ecosystems as the big guys for girls. Google Facebook, Amazon, all those characters. It's a topic that you're really well versed in. You actually have a whole podcast on it, which we will get into. But I think the best way to dive into this relationship between big companies and small companies is to use the example of Ramon van meer that you talked about on your podcast. Can you start by telling everyone what Ramones businesses? It's pretty amazing. So I have this podcast what's your problem? And I talked to Ramon van meer recently, and he is like this mogul. He has sold tens of millions of dollars in ramps for wiener dogs, like little ramps, so a wiener dog can get up and down off the couch. Yeah, very cute. And lucrative. Win win. Right, because they have little legs, so they need to climb up places. Make sense he's solving a problem. I mean, a little legs apparently there's some whole thing about their spine. I'm not a wiener dog expert. I mean, one of the interesting things about this guy Ramon van meer is kind of neither is he, he's not like mister wiener dog. He's this serial entrepreneur. He started a ton of businesses. And he's really smart. And he's like a hustler, right? He's a bootstrapper. He started lots of businesses with no money. And so like you were saying before, I mean, his story is a lot about being a little business in an era of tech giants, and it cuts different ways, right? He has built these big businesses by using tech giants, but he also like lots of businesses is in this position where some giant tech company can make some tiny little tweak and it can totally mess up his business. It's such an important point to underscore to people who are starting businesses or serial entrepreneurs who have an idea because you are building your business essentially on the back of another business. So when they do something, you could benefit or you could be screwed. So in your conversation with Ramon, he talked about how the Apple iOS 14 update affected his business specifically. So first, can you remind listeners what that update was? Yes, so this was an update like I got it on my iPhone a year ago, you know, everybody did more or less. And I kind of barely noticed it at the time as an iPhone. You know, you get updates on your phone all the time, whatever. But it turns out this, what seemed to me like this little update was like this huge moment in the history of ecommerce. I mean, it's not really overstating it. So basically, Apple made it harder for sites like Facebook, notably, to track users around the Internet, right? Like not just when you're on Facebook, but it used to be routine that Facebook would sort of follow you around. So they would know not just what you had done on Facebook, but they would know everything you did on your phone more or less. It's why those boots that I looked at kept stopping me. Right, it's why the boots kept stalking you, but it's also why when you go on Instagram, the ads are very good, right? Like there's the kind of clumsy like, oh, I looked at those boots once. Actually, I did look at Boggs boots once, like a month ago. And I'm guessing ads. And it's not worth the boots. I looked at Jacob, I'm not gonna lie, but how did they know that? Each his or her own boot. But there is, like, on Instagram, I find it. I'm curious if you have found this. Instagram is really good at showing me targeted ads. And it is also for clothes. It's for like overpriced running shorts, basically. It's my thing. They figured out so in the spring of last year, they suddenly got a lot worse at that, right? And this for like privacy advocates was a big deal. It turned out to be a big deal for Facebook. Facebook in its earnings a few months ago said this is going to cost us billions of dollars in lost ad revenue. And so I had sort of thought of it as like, oh, battle of giants, privacy, but the thing I realized when I talked to Ramon vanir, the wiener dog ramp guy, is this was a huge moment for tons of small businesses like his because, you know, the whole beauty of that business of rants for wiener dogs is it is super targeted. I mean, it's delightful. That's part of the beauty of it. But as a business, it's incredibly targeted, right? There's this very small universe of people who are really likely to buy your product. So Facebook, which is like the perfect ad targeting machine, is the perfect tool for Ramon van meer, right? He was able to buy incredibly targeted Facebook ads because Facebook tracked us all all around the Internet, so they knew exactly who owned a wiener dog and who was likely to buy a ramp and Ramon could just be like, okay, I want to buy ads and show them to those people. And then suddenly there was this apple privacy update in the iOS that you mentioned. And those ads just basically stopped working for it. Yeah, it would be weird if I got served wiener dog ramp add. I do have a dog now, but now that Weiner dog. So that wouldn't make sense. I never get served running shorts or running anything because I look like I'm power walking when I try to run. But I digress. So essentially, because folks wanted more privacy, it became more difficult for online businesses to target their true potential customers. So let's pause there. Before the update, you could really make the argument that Apple was providing information that was helping small businesses like Ramon. I mean, would you agree with that? Sure, yeah, Apple and Facebook, right? I mean, Facebook, in particular, was this tool that Ramon was able to use to build his business, right? And you know, it was great for him. You know, as a consumer, you know, lots of people feel sort of sketched out about privacy on Facebook, but clearly lots of people don't, right? Hundreds of millions of people use it every day. And it has been an incredibly efficient tool, right? I mean, if you go back whatever a few decades, you had to buy, you know, mass market ads. You had to buy ads on the radio or on TV or you had to buy a billboard, which just doesn't work as a way to build a wiener diagram business, right? So Facebook comes along and suddenly you can buy the perfect ad for the perfect audience and you can test it and you can see who among the people who sees it is actually buying and you can optimize so it is really this beautiful, efficient tool with a low barrier to entry. You could have a $1000 in ad money and really buy interesting useful ads. Hold onto your wallets, boys and girls, money rehab will be right back. Prudential knows the importance of having a rock in your life. Everyone needs a rock. A rock can help you turn the far fetched into within reach. When you have one, you can reach your potential, your dreams, your goals. And when it comes to your financial goals, credential is The Rock you can rely on with our knowledgeable financial professionals, we can help you get to new heights. Plan invest insure retire, visit Prudential dot com. Who's your rock?.
"tech giants" Discussed on Planet Money
"Lot of ecommerce are trying to figure that out. A teeny change from one tech giant Apple messes up another tech giant, Facebook, and suddenly Ramones business model, isn't really working anymore. And this was true for lots of little niche businesses. And like lots of little niche business owners, Ramon thought, okay, what's the next best thing? If I can't use targeted Facebook ads to find my customers and Ramon's case to find wiener dog owners on Facebook and Instagram, he figured I can at least make a pretty good guess at what they're looking at on their phones. Wiener dogs, they're looking at wiener dogs all the time. Come on. Obviously. We are allocating some of our ad budget to influencers that's been working well for us. Okay. So like wiener dog influencers? Is there like the wiener dog queen of Instagram or something? Who you're sponsoring now? Yeah. Well, we have a lot. I think we are working with 400 influencers and a majority of them are actually not a person, but it's actually a dark. And some of them have over a million followers. And it's just an account of a specific Doc. Rudy the dog flu and the wiener. That Apple privacy change that made Facebook ads stop working so well, has been a huge boon to influencers and apparently dog influencers alike. Because their job is to kind of become living breathing targeted ads. And so if you do spend a little time on wiener dog Instagram, which I highly recommend, it's very good for the soul. You will probably see Ramon's ramps show up in some sponsored content. And Ramon for what it's worth says the influencers are helping, but they are not helping that much. It does well in the beginning, but after a couple times, their audience have seen our ads and then the effectiveness goes down. So that makes it hard, you always have to find new influencers and new, but the big actually the big takeaway is pivoting actually away from ramps. The big problem with the ramps, it's a one time product. There is a ceiling. There's technically going to be a day where I sold all the ramps, every Weiner dog will have a ramp in the house. And then your business is finished, right? There's no more in her dogs to sell ramps too. You've got to close up shop. Yeah. And so we are still going to sell ramps, but it actually we 6 months ago, we're really starting to pivot to dark food. The pivot to dog food, classic classic pivot, of course. Video, crypto dog food. And then dog food. Distance. Yeah, it's like top three pivots. But this pivot does get at this useful idea at the core of the way Ramon and lots of other businesses think about their businesses. And about their customers, right? About us. Yeah. So we talked about customer acquisition costs earlier. How much it costs a business to find a new customer. And the key question for ramone really, really for any business, is the average customer acquisition cost higher or lower than the amount of money you make off of the average customer. Right, if it costs you 20 bucks to find the average customer and you make 30 bucks in profit over the life of that customer, you're golden, right? That's good business. But if it costs you 20 bucks to find the customer and you only make ten bucks over the life of the customer, you are going to go out of business. Yeah. And so what Ramon realized is that his customer acquisition cost, it didn't change that much when he went from selling dog ramps to dog food. However, the lifetime value is way higher for dog food because you keep buying dog food forever, as long as you have dogs. And if he ever starts another company, Ramon says he will probably take that lesson from his adventures in wiener dog ramps. Like if I would start a new ecommerce business, I really would think through what type of product, meaning about pick a product that it's recurring that a person or a dog or a pet needs every day or every week or every month. It's like, what is the thing? Well, as long as people are lives, they got to keep buying food, right? So let's sell them food every day forever. Exactly. Jacob Goldstein's new podcast, which I highly recommend is called what's your problem? Am I saying it right Jacob? The right intonation. Your problem. What's your problem? Longer interview with Ramon, there's another one about a guy who started a drone delivery company and Rwanda and is now trying to expand to the U.S.. It's talking a lot to really interesting people. What's your problem? Today's episode of planet money was produced by willa Rubin, edited by Jess Jang and mastered by Isaac Rodriguez. Alex goldmark is our executive producer. I'm Kenny Malone. I'm.
"tech giants" Discussed on Planet Money
"Hey people, the wait wait don't tell me podcast has a brand new show on Wednesdays with me. I'm a joy. It's called everyone in their mom, whatever everyone is talking about, that's what we'll be talking about with weight weight panelists, comedians you love, and people you don't even know you love yet. Just listen to the wait, wait, don't tell me podcast from NPR, wherever you get your podcasts, and I'll be there every Wednesday. To a great shows in one feed. So in the last section, we talked about the way this third industrial revolution we're living through, computers, the Internet blah, blah blah, allows people like Ramon to create small businesses really easily on the backs of giant tech companies. What we're going to do now in the rest of the show is talk about how those giant tech companies can also really, really screw things up for businesses like Ramones. Sometimes without even meaning to. So after Ramon sold his soap opera blog, he went looking for other businesses to buy. He's an entrepreneur. This is what he does. And he came across a company that sold ramps for little dogs to get up and down from the couch. Or the bed, wherever they need to be. The company was actually called sausage, dark, central, at the beginning. So they were really leaning into the wiener dog market. Exactly. Do we need our market? And this ramp was designed for the wiener dock in mind because it's long, very short legs. Their website was very old. Not pretty, the copy was not great. It was very difficult to navigate, it was very slow. And for Ramon, all of this stuff that's wrong, it's an opportunity. The ramps are good as far as he can tell. And so he could sell a lot more of them if he could just make this website better. So he went ahead and he bought sausage dog central for around $300,000, fixed up the website, eventually changed the name to alpha paw. Just like he didn't with soap operas, Ramon did not know from wiener dogs. But he did know how to build an Internet business serving a tiny niche audience. I love the idea because it really solves an actual problem for a targeted audience. The wiener dog ramp does feel like this sort of ecommerce version of a blog for one soap opera, right? It's like this very narrow thing that some universe of people care a lot about. Yes. And nobody was looking at it. It seemed like with soap operas. You know, the key to both of Ramon's businesses. And for that matter, lots of weird niche modern businesses is finding customers cheaply. There's even this jargon that's gotten really popular around this idea. Customer acquisition cost, low customer acquisition cost. And for somebody like Ramon, the genius, if you want to call it that of Facebook is that Facebook makes finding really specific customers incredibly efficient because Facebook knows everything about everybody. Yeah, right, which on one hand, horrifying if you're the kind of person that cares about privacy, but on the other hand, pretty useful if you are Ramon, because he was able to buy Facebook ads and then say, you know, show these ads just to the people who have wiener dogs and who are likely to be in need of a wiener dog ramp, and then boom. Boom, Ramon's wiener dog ramp sales went from the floor to the sofa through the roof. To the moon. Within a few years, Ramon had sold tens of millions of dollars in wiener dog ramps. All powered by that magical slash terrifying advertising machine Facebook. And then overnight, the magical terrifying machine broke. It happened about a year ago on a day when I and millions of other people like me got notices on our iPhones. I, for one barely noticed this notice, but it said something like, do you want a little more privacy when you're online on your phone? And I was like, yeah, sure, whatever. And I clicked yes. What Jacob was saying when he clicked yes on this little notification. And most iPhone users who got this notice also clicked yes. They were saying, please stop companies like Facebook from tracking me across the Internet. And this move from Apple, which we should say is also among NPR's financial supporters. Was one of the biggest moments in Internet privacy in recent memory. It is also one of the biggest moments in Internet commerce in years. Because what happened was when Apple made this change, Facebook's ability to know everything about everybody on the Internet, suddenly went away. And as a result, Facebook and Instagram suddenly got much worse at putting the exact right ads in front of the exact right people at the exact right moment. This, by the way, was very bad for Facebook. The company has said it could cost them like $10 billion in ad revenue just this year. It was also really bad for the little fish that had built their businesses in between and on the $1 trillion tech megalodons, Apple and Facebook. Little fish like Ramon. You know, one day, Ramon can see where all of the wiener dogs who need wiener dog ramps are, and the next day, he can see no wiener dogs. Before I was able to say like only show my ad to people that own a wiener dog and are most likely to buy this type of product. So now it's more we have to shoot more in the dark. Now, it's more difficult to really target it. So now I have to basically show the ad to as many people's possible hoping that there's going to be wiener dog owners within there. How much can you now target it to dog owners instead of wiener dog owners or can you not target it at all? Like what can you do in this new world? Well, you can still quote unquote target that, but Facebook has less and less data. And also, it's harder to see which ads are actually performing better than others where before you could more easily see, oh, this type of ad really works well. Let's put more money behind that. Now it's more difficult to make the right decisions. And everybody a.
"tech giants" Discussed on Planet Money
"This message comes from NPR sponsor ADP, leveraging data driven insights to design HR solutions for businesses of all sizes to think beyond today so they can find more success tomorrow. ADP always designing for people. NPR's state of Ukraine podcast brings you updates on the Russian invasion multiple times a day. We explore the conflicts past present and possible outcomes. So you can know what each new development means for Ukraine and for the world. Listen, to state of Ukraine, from NPR. The guy who sells ramps for wiener dogs is named Ramon van meer, but we should say right off the bat here. Ramon's main thing is not wiener dogs. He's not a wiener dog enthusiast or anything. His main thing is starting weird little niche businesses. Maybe just to start, can you just like, off the top of your head, list a bunch of the businesses that you've started in your life? Oh. Okay, yes. That's a lot. A construction company that online piano website. Soap opera blog, a YouTube channel, festivals in Vegas, what else what else? Oh, I did an online travel company. Now, remote kind of buried it in that long list of his entrepreneurial endeavors there. But his first big success was a soap opera blog, which by the way, he started despite having never watched a soap opera. Entrepreneur is going to entrepreneur. And that soap opera blog is the perfect way to look at this third industrial revolution idea we're talking about here, right? How starting a business has become ridiculously cheap? And this was actually a big deal for Ramon back in 2015 when he started the blog. I'm a single father, was me and my son. You know, when I started this, I was literally at that time paycheck to paycheck barely. I actually paycheck to less paycheck. Like I barely could make the rent. And actually, I think that helped me motivate as soon as I saw like, okay, we have $10 a day with soap opera, the blog. I said, okay, I need to make this work. I can get this to a $100 a day if I just work my ass off. Just a few examples of how Ramon built this blog this business. On the backs of existing tech companies. Number one, WordPress. Many of us have used WordPress. It is software that lets you cheaply make a website and write stuff for people on the Internet. No big deal. Seems like no big deal, but think about what WordPress is replacing. Ramon here is basically starting the modern equivalent of a soap opera magazine. And to do that, 40, 50 years ago, he would have needed access to a giant, heavy printing press worth millions of dollars. Instead, today, Ramon can sit down and build a soap opera website for almost free. Okay, so now I have the website. Now I need the content. And I don't watch the show. So I couldn't really write. So let's find a writer. So there's these websites platforms out there. I use upwork dot com. You can basically hire any type of freelancer that you can think of. So I found a writer that started writing one article day. Okay, so Ramon's got this niche website full of soap opera articles. He now needs people to read it. He needs customers, and this is where the really big tech companies come into play. Ramon didn't know anything about soap operas when he started the blog. But he knew a lot about those big tech companies. He knew a lot about Facebook for one. And he had figured out that you could build really targeted Facebook fan pages. Like in this case, fan page is not for soap operas in general, but for individual shows. You know, built a fan page for the younger the restless. Attracted thousands of fans to that page. And then once he had them there, he sent them to his soap opera blog. And once they were at his soap opera blog, he leaned on yet another tech giant. Google, he used this Google service that lets anybody put ads on their website and get paid. And so the more traffic that Ramon got, the more money he would make. And it started with $1 a day, and then $5 a day, and then $10 and then slowly blend up. Keep going up. What did it get to? So right before I sold to business, your website was doing around $400,000 a month in revenue. $400,000 a month in revenue, built on the backs of tech companies, WordPress, and upwork and tech giants like Google and Facebook and quick note here, Facebook's parent company meta, pais NPR two licensed content and upwork is among NPR's financial supporters. But back to Ramon here. Ramon was able to sell his soap opera website just a few years after starting it for $9 million, which is an extraordinary amount of money for a soap opera website. So much money for a ton of money for a dad living paycheck to paycheck. Life-changing money, but another way to think of $9 million is .00 zero 5% of the value of Google. We think if we did the math right. Yeah. And so you really can see how these tech giants are like huge sharks and then there are all of these little teeny feeder fish like Ramon latching on building their businesses. Like microscopic feeder fish on a super megalodon. Yes. Which is fine, right? You're Ramones doing.
"tech giants" Discussed on Planet Money
"But today, if you want to start a company, you got a laptop, you got an Internet connection, you're like 90% of the way there. And a lot of that 90%, a lot of that reason that it's so easy to start a small company today is because of a few giant companies. Giant companies that have made it very easy to do a lot of the core things you have to do to start a company. You know, things like finding customers and getting paid. However, if you are one of those small companies building on the backs of giant companies like a tiny feeder fish swimming next to sharks, once in a while, one of those sharks might just flip its sharky fin and totally destroy your company. Hello and welcome to planet money. I'm Kenny Malone. And I'm Jacob Goldstein. You still plan up money and now I'm starting a new podcast. The show is called what's your problem? And on the show I talked to entrepreneurs and engineers about the problems they're working on right now. And recently for this show for what's your problem? I interviewed a guy who really did help me understand this idea we're talking about. Kenny, this idea that the giant tech companies both enable and also sometimes really mess up new little companies. And sure, that is one way to sell this episode. The way Jacob sold it to us Weiner dogs, wiener dogs. Today on the show, how a guy selling ramps that let like little wiener dogs get up and down the couch with their little weird dog legs. How that explains a surprisingly large amount about this 21st century economy..
Mike Gallagher Podcast
Mike Gallagher Is Officially on Truth Social
"The world seems confused, I somehow got on to truth social because I whined about it and within 5 minutes I made it. So I'm on. At radio talker Mike, this is a platform that gives people an alternative to Twitter and Facebook and the big tech giants and so I've already got 7 followers. How cool is that?
The Dan Bongino Show
Tal Heinrich: Did Facebook Create the Streisand Effect on 'Heroes of Liberty' Books?
"Do you find that when Facebook essentially banned that and to be fair reinstated They said it was an error I mean I don't believe them You're free to think what you want but my show and I don't believe them because I deal with Facebook all the time and the errors always seem to be in the conservative direction But they did eventually restore I guess the ad campaign Did you feel that the streisand effect kicked in You know the streisand effect when Barbra Streisand told people not to take photos of her house and then it became a press story Right So I heard about your books through them through the through this story that you guys were being boycotted Whatever It might be in a band I'm sorry After they simply called it a mistake and sort of they apologized sort of They reversed course and restored our ads account to YouTube public pressure And it also came from members of Congress that demanded answers from this tech giant And yes we're back on with the ads account but it's still infuriating It happened right before Christmas So I mean they didn't even provide an explanation They just said that we didn't meet their standards which is simply simply simply
AP News Radio
Twitter, Meta among tech giants subpoenaed by Jan. 6 panel
"Tech tech giants giants are are in in the the cross cross hairs hairs of of the the January January six six committee committee the the house house committee committee investigating investigating the the capital capital right right has has issued issued subpoenas subpoenas to to Twitter Twitter reddit reddit you you to to the the met met the the company company formerly formerly known known as as Facebook Facebook committee committee chairman chairman Bennie Bennie Thompson Thompson is is demanding demanding records records from from the the companies companies related related to to their their role role in in allegedly allegedly spreading spreading misinformation misinformation about about the the twenty twenty twenty twenty election election and and promoting promoting violent violent extremism extremism in in the the lead lead up up to to the the attack attack on on the the capital capital Thompson Thompson says says the the companies companies have have failed failed to to turn turn over over necessary necessary information information after after months months of of engagement engagement in in a a letter letter Thompson Thompson suggests suggests the the platforms platforms are are complicit complicit in in the the deadly deadly insurrection insurrection stating stating how how one one sub sub reddit reddit community community for for example example grew grew significantly significantly and and then then migrated migrated to to an an official official website website where where discussions discussions around around the the planning planning of of the the attack attack were were hosted hosted the the committee committee has has issued issued dozens dozens of of subpoenas subpoenas to to those those in in trump's trump's inner inner circle circle including including house house minority minority leader leader Kevin Kevin McCarthy McCarthy one one Wednesday Wednesday denied denied the the committee's committee's request request calling calling it it an an attempt attempt to to damage damage its its political political opponents opponents and and an an abuse abuse of of power power Jennifer Jennifer king king Washington Washington
WSJ Tech News Briefing
"tech giants" Discussed on WSJ Tech News Briefing
"Lots of companies are trying to stake their claim in the metaverse. The virtual realm where proponents say people will work, play, learn, and shop in the future. But to actually build the augmented and virtual reality tech that'll let us enter the metaverse, they need workers with particular sets of skills. And that's led to intense competition over the top tech talent. So far, one company that's taken a hit in this battle is Microsoft. It's augmented reality team has lost around a hundred people over the past year. Many went to Facebook parent meta. So what do these defections mean for big metaverse players and small companies that want to part? And how could it affect the development of the metaverse itself? Here to talk about it is our tech reporter Aaron Tilly. Hi, Aaron, thanks for being here. Yeah, thanks for having me. So Microsoft has lost a number of people in its augmented reality division over the past year. What does Microsoft have been building that's made its employees so attractive to other companies? Yeah, Microsoft was really an early pioneer in augmented reality, which is a subset of the metaverse. They first announced in 2015, the HoloLens, which was their AR headset. They really put their stake in the ground really before anyone else. There were a few startups out there doing random things, but it was way before the curve in terms of broader interest in this kind of technology. And it was now growth of some Xbox gaming work, but they really positioned it since then for more workplace and productivity use cases. So where does work on HoloLens stand now? And what do these departures mean for that? So yeah, since they first launched in 2015, they've since come out with a second generation in 2019 and it was quite a gradual change over the first generation HoloLens, the field of view where you could see the augmented reality experience was slightly widened, but since then not a lot of breakthroughs in the actual hardware, Microsoft has been leaning a bit heavier recently in the software side. They've created something called Microsoft mesh, which is sort of their play on the metaverse and augmented reality at the application level that people can sort of interact between devices. So from a hardware standpoint, it's been very slow. Progress has been pretty limited. And I'd say the biggest thing for them as well is a big U.S. Army contract that they won in the March of 2021. It's a deal that could be worth nearly $22 billion over the next decade, helping U.S. soldiers use augmented reality to navigate battlefields or see through smoke and do all sorts of things on the field. So that was huge for them and they'll be coming out with new HoloLens just for that for the U.S. Army that are more rugged. But with all these departures, this is going to be quite challenging according to former Microsoft employees. I spoke to their quite stretched thin and not getting the kind of funding they need. As Microsoft said anything about these departures and what it'll mean for HoloLens? Yeah, Microsoft maintains that they are in a leadership position and they sort of are, if you look at what's out there in the market right now, but that lead might really kind of go away once we see others come into the marketplace. Microsoft says that employee attrition is a pretty regular occurrence across many teams, but they say they're happy with the progress they're making and they'll be fine. Okay, so that's Microsoft. Let's talk about the place that a lot of these employees are going to, of the HoloLens employees that have left over the past year, more than 40 have joined meta formerly Facebook. How is it attracting them? According to the people I've spoken to have joined the company, they're really attracting folks by investing in this space. They're really showing that they're willing to pay people quite well and that they are really committed, what seems like over long term Mark Zuckerberg, the cofounder CEO of Facebook, he says that this metaverse space is the future of the company and it makes these former Holland's employees excited to be at a place where an entire company is shifting directions and really coming together around what they want to be building. Whereas with Microsoft, there was a bit of uncertainty around the commitment to this technology. Does it tell us anything about meta's plans that it's bringing in all these workers for augmented reality when it already has a pretty well-known virtual reality headset the Oculus? Yeah, some of the first instances of metaverse, I think are really popping up in areas like virtual reality that is where the market is or you're selling almost 10 million headsets a year with 75% market share and for Oculus. But augmented reality where you're placing digital objects all around you in the real world, that scene is the much bigger opportunity here and meta is saying that they're going to make that kind of technology as well. So we're talking about two pretty big tech players. What about smaller companies or just other players that are trying to get in this space? If there's not that many workers, what do they do? Yeah, I think it's not just Microsoft and meta Apple has big ambitions here. There are reports that they'll be coming out with their own AR headset very soon. Any big player in technology has some sort of strategy here. And like with any new technology, once the Giants take an interest, they're going to be acquiring they're going to be paying giant salaries and for startups that means they're having to fight for the right to have a place in this market. So much of the modern Internet that we're used to was developed by startups by smaller scrappier companies, the metaverse is sort of pitched as the next generation of the Internet. So should we be thinking that this might not take the same shape if it's big companies that are really going to be the ones shaping what the metaverse looks like? Yeah, it's a really good question so much of technology is really plays for the big players with the money, the market power, the market share, and it sort of existing markets that they can now translate to new markets. I think that says a lot about this current era of tech where really the Giants dominate and will probably dominate the next upcoming markets, what room is there for startups, especially in areas like hardware, where you're having to expand and have control over your supply chain. It's really difficult for startups to make any sort of progress here. So it really lends itself to the Giants that are already out there. All right, that's our reporter Aaron Tilly. Erin, thanks so much for joining us. Thanks for having me. And that's it for today's tech news briefing. If you want more tech stories, check out our website, WSJ dot com. And if you like our show, please rate and review it. You can do that wherever you get your podcasts. I'm Zoe Thomas for The Wall Street Journal. Thanks for listening. The possibility of lung cancer can be pretty scary, especially if you're one of approximately 8 million current or former smokers at high risk. That's why saved by the skin dot org wants you to know that now there's a breakthrough low dose CT scan that can detect lung cancer early, and it only takes 60 seconds. You stop smoking, now start screening. For an easy quiz to see if you're eligible, visit save by the scan dot org, it could save your life. Saved by the scan dot org is brought to you by the American lung association's law force initiative and the ad council..
WSJ Tech News Briefing
"tech giants" Discussed on WSJ Tech News Briefing
"The Federal Trade Commission has gotten the okay from a federal judge to move forward with its antitrust case against Facebook. The FTC alleges that Facebook owned by meta tried to unlawfully suppress competition by buying up potential rivals like WhatsApp and Instagram. The commission is seeking to unwind those deals. The judge also rejected Facebook's argument that the new chairwoman of the FTC Lena Khan should have recused herself from the suit. The judge did side with Facebook on another issue, ruling the commission couldn't move ahead with allegations that the company used strong arm tactics to weaken competitors, doing things like preventing third party app developers from accessing Facebook's platform. A meta spokesman said the purchase of WhatsApp and Instagram had been good for competition and consumers. The director of the FTC's bureau of competition said the agency was looking forward to a trial. Amazon workers in bessemer, Alabama will be voting in a union election for the second time last year workers there voted against unionizing by a wide margin, but a representative from the national labor relations board found that Amazon violated labor law during that campaign. The new election next month will be held by mail. The NLRB said ballots will be sent to employees on February 4th, and they'll have nearly two months to cast their votes. One challenge facing the union leading that campaign is the possibility that many workers at the facility may no longer work for Amazon by the time the votes are counted. The company's employee turnover is more than a 100% across many of its facilities, and labor researchers say that could make it harder to gain and keep union support. Speaking of Amazon, a federal judge removed himself from a high profile Amazon case yesterday. U.S. district judge Liam o'grady stepped aside citing a financial conflict. After The Wall Street Journal reported last fall that his wife owned $22,000 in Amazon stock. O'grady had ruled in Amazon's favor during the 20 month year over saw the case. WSJ reporter Joe palazzolo says that o'grady said he was stepping aside reluctantly. The law says that the judges have to make an effort to know what their spouses or their minor children, what kind of financial assets they have. So he was sort of bemoaning the fact that his wife has this account. It's managed by a broker. She doesn't really make trades from it. The broker does all that by himself. And judge o'grady said he had no idea that his wife owned the stock. In this case, really shows kind of the impact of judges violating these rules because when they violate the rules and they're called out on it, in most cases, they're going to have to step aside. And when they step aside, it's going to impact the administration of justice. It's going to delay proceedings. It's going to cost people money. It's going to cost the court resources. A new judge has been assigned to the case. And sales of electric and plugin hybrid cars more than doubled in China to nearly 3 million vehicles last year. The China passenger car association says that surge helped break a three year decline in car sales in the country. Domestic electric carmakers expunged neo alongside U.S. based Tesla also on record car sales in China last year. But many other foreign automakers said the chip shortage and COVID related shutdowns had hurt their sales in China. All right, coming up, companies often poached top talent from their rivals. But when it comes to building a whole new online realm, the battle for the best developers is getting even more intense. We'll have the details after the break. America's most reliable network is going ultra. With Verizon 5G ultra wideband and more and more places, with up to ten times faster speeds, you can download a movie in mere minutes. Wait, what? Yes, Verizon is going ultra, so you can too. By GL to wideband available and select areas, most reliable based on rankings from the root metrics U.S. routes for report data first half 2021, excluding C band and not specific to 5G networks, your results may vary, not an endorsement. Speed comparison to median Verizon four G LTE speeds. Downloads vary based.
Mike Gallagher Podcast
YouTube Takes Down Joe Rogan's Interview With Virologist Dr. Robert Malone
"I see this article about this interview that Joe Joe Rogan, the popular podcaster had with doctor Robert Malone. And it was a fascinating interview. I watched the whole thing. It was actually riveting. But Malone, doctor Malone does not follow the mainstream narrative about COVID. In fact, there was an article at the Atlantic. Written back in August, headlined the vaccine scientist spreading vaccine mission. Now, he is a vaccine scientist, this doctor Robert Malone, the fascinating guy, and I don't know about you. But if it's between gleaning information from a vaccine scientist or listening to, I don't know, Wolf Blitzer, I'm probably gonna go with doctor Malone. And I had a conversation with a friend of mine over the weekend that kind of blew my mind. Because it shows the power of what a smear against a guy like doctor Malone can accomplish. First of all, I want you to hear a little bit of doctor Malone. Joe Rogan, podcaster. Big conversation here is cut four. Here's a little bit of doctor Malone and what he said about him being deplatformed and taken off of Twitter and LinkedIn banning him and all these big tech giants because he dares to present a view that may not be the mainstream narrative he gets canceled. And he tells Joe Rogan, why? So my position is that people should have the freedom to choice of choice, particularly for their children. And that in order to. Appropriately choose to participate in a medical experiment, they have to be fully informed of the risks. As well as the benefits. And so I've tried really hard to make sure that people have access to the information about those risks and potential benefits. The true unfiltered academic papers and raw data, et cetera. And the policy that's being implemented is one in which no discussion of the risks are allowed, because by definition they will elicit vaccine hesitance. So it can't be discussed. But that's the fundamental background. That's the backbone of informed consent. So informed consent is not only not happening. It's being actively blocked. Now, Rogan, again, very thoughtful conversation. You might want to watch it if you have access to it. If it's not, it's been taken down off of YouTube, a lot of the big tech platforms have already taken this interview down. It had gone
Inside Intercom Podcast
"tech giants" Discussed on Inside Intercom Podcast
WNYC 93.9 FM
"tech giants" Discussed on WNYC 93.9 FM
"For more on this, I turned to David Swan, who's the technology editor of the Australian newspaper, The government in Australia wants to basically force Google and Facebook to pay for news in Australia. What the government to do is force Google and Facebook to come to arrangements with news publishes here, where the tech giants as they were, would have to pay news publishers views in their content. So if you click the link on a Google search or on Facebook, the tech giant's would then have to compensate the publishers. For that content. How much ad revenue has, for example. Google taken away from local news sites, Google and Facebook combined take up between 17 80 cents in the dollar, so that's money that would have previously gone to newspapers and is instead the vast majority of it is flowing to the tech giants. What impact is that had on local news providers. I mean, what impact does that have on your news From? For example, that's been devastating. I mean, I'm sure it's the same story basically the world over but at least in Australia, we've had closures of it of our newsrooms particular originally and really with saying this job cuts across the board in my newsroom, specifically, probably around. A third of my colleagues have gone in the last few years, and I look at that and I just look at the tech giants and that's where people's eyeballs are now. More importantly, that's where they have the time. Isn't always at the moment, which means that the publishers can't fund journalism in the way that they used to. Yes, and I need to ask you this. I mean, there's obviously a vested interest in terms of those publishers. How much is the government's decision being guided by lobbying from those publishers? Not least people like Rupert Murdoch own your newspaper. This is a process that has not come from the government as much that come from the competition regulator and they've taken years to come to this decision, so it's a law that would apply it to More publishes much as it would to News Corp in large publishes truth, Everyone on the news side would benefit from this, and he's taken important to his credit from the tech giant's, too and they've won some concessions. So speaking outside of my capacity is someone who works in his court. I think it's been pretty balanced in the end result on what's the view from Google? And indeed from Facebook? I mean, is this a serious threat to withdraw the search engine from Australia? And why would they take such a drastic step? It seems pretty existential from them. To be honest, I mean, having spoken to both Google and Facebook, they're not backing down from these threats for Google to say we might shut down search in Australia all together. That's pretty serious. Obviously, they enjoy 1995% market share in Australia for every Web search, so that would force the strange to go elsewhere. And similarly, for Facebook to stop new sharing on its platform would be a pretty big step two. So it sounds like these aren't just empty threats. Today is a pretty serious facts, and I think that's because you're frustrated does pass this I wouldn't be Was this. Other countries and other markets don't follow suit and David when they talk about it being unworkable. Do they mean just from a technological point of view? Or just from a financial point of view? You could look at it and argue that it's more of a financial thing, But they argue just that it's not workable, waving from a technological perspective, and whether you take that its face value or not, is sort of the question. I guess that was Davis, one technology editor at the Australian Had to rush in. Our police say they'll break up any attempts to hold demonstrations on Saturday and support of the opposition leader, Alexei Navalny. Some of his aides a Jew in court today after calling on people to join the rallies, Mr Navalny's current imprisoned after returning from Germany, where he was treated for poisoning with a novel Choc Toxin last year, let's talk to our Moscow correspondent Steve Rosenberg is on the line. Steve It sounds like the authorities a pretty worried about tomorrow. Yeah, they seem determined to try to reduce turnout at the nationwide street protests. Which Mr Levine, his supporters have called for tomorrow to demand his release. So what has been happening? Last couple of days is that police across the country have been detaining key allies off the opposition leader. So in Moscow, for example, that includes his spokeswoman, Curie, Amish. She was detained, and she's been sent to jail actually for nine days after calling for an unsanctioned mass protests, And if you look across Russia a similar picture in value Bostock, the coordinator, Mr the Violence organization, arrested there, too in Novosibirsk. Elsewhere so that the aim clearly is to try to take the steam out of the protests. And at the same time, Russian police have issued a warning that any unsanctioned protest tomorrow will be viewed As a threat to social order dealt with immediately. It rather got lost on Wednesday because of the inauguration in the US, But I just wonder how much of a stir did Mr Navalny in his organization's latest allegations about President Putin's personal personal wealth calls? Well, I think we'll see tomorrow whether that's that's going to bring people out onto the streets. And that was the latest twist and turn in a worry dramatic story after Mr Divinely had come back Russia after he'd been detained, arrested put behind bars. Even after that he, his colleagues were able to post online this bombshell video investigation alleging that Vladimir Putin had built a palace for himself on the black Sea and opulent palace with £40,000. $57,000 coffee tables on $700 Italian toilet brushes hugely embarrassing for Vladimir Putin. The Kremlin denies it. But this may well feed into people's Desire. Growing design Russia for Social justice, people It may well bring people onto the streets, Steve Thank you very much indeed. And full coverage. Of course of what happens. If anything tomorrow in Russia on news. That was almost go correspondent. It's Steve Raisin Burke. You're listening. To the BBC. Sea Doos.