The Rise and Fall of the Pay Wall

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Further reading:

Instagram, TikTok, and the Three Trends — Stratechery

Three Trends Follow-Up, The Question of “Cool”, TikTok and the Sinicization of the Internet — Stratechery Update

Adam Mosseri explains Instagram's changes — Twitter

An Interview With The New York Times Company CEO Meredith Kopit Levien — Stratechery Interview

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