Pivot Previewing the Big Four's antitrust appearance, Twitter bans QAnon, and prediction on Tesla buying up companies
Jul 24, 2020
Get ready for a showdown as the CEOs of tech giants head to Washington for historic antitrust hearings. Twitter takes a bold step by banning QAnon, urging other platforms to follow suit. The implications of Uber's tech solutions on public transit raise questions about monopoly power. Plus, predictions swirl around Tesla's strategic acquisitions in the months ahead. With a mix of satire and insightful analysis, the conversation highlights the critical intersection of technology, competition, and regulation.
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Declining Ad Revenue
- Ad-supported media is declining while subscription-based media is accelerating.
- Twitter's ad revenue dropped 23% despite a 34% increase in users, showing a weakening business model.
Regulating Apple's App Store
- Regulate the App Store, focusing on oversight for businesses Apple competes with.
- Implement pricing regulations and prevent Apple from favoring its products over competitors.
Google's Market Dominance
- Google controls 93% of the search advertising market, giving it unprecedented control.
- This dominance allows for potential abuses like prioritizing its own products and services.